Barclays Forecasts Strong Price Appreciation for Expedia Group (NASDAQ:EXPE) Stock

Expedia Group (NASDAQ:EXPE - Get Free Report) had its price objective boosted by research analysts at Barclays from $153.00 to $166.00 in a report released on Monday,Benzinga reports. The firm presently has an "equal weight" rating on the online travel company's stock. Barclays's target price indicates a potential downside of 8.44% from the stock's previous close.

A number of other analysts also recently issued reports on EXPE. UBS Group increased their price target on shares of Expedia Group from $137.00 to $156.00 and gave the stock a "neutral" rating in a report on Wednesday, October 23rd. Jefferies Financial Group raised their target price on Expedia Group from $145.00 to $160.00 and gave the company a "hold" rating in a research report on Tuesday, October 22nd. Oppenheimer upped their price target on Expedia Group from $155.00 to $210.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. TD Cowen lowered Expedia Group from a "buy" rating to a "hold" rating and raised their price objective for the company from $130.00 to $150.00 in a report on Wednesday, September 25th. Finally, Benchmark upped their target price on Expedia Group from $180.00 to $200.00 and gave the stock a "buy" rating in a research note on Friday, November 8th. Twenty investment analysts have rated the stock with a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $175.64.

Expedia Group Stock Performance

EXPE stock traded up $1.10 during trading on Monday, hitting $181.30. 1,098,908 shares of the company traded hands, compared to its average volume of 1,122,928. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group has a 1 year low of $107.25 and a 1 year high of $192.34. The stock's 50-day simple moving average is $183.17 and its 200 day simple moving average is $153.98. The company has a market cap of $23.27 billion, a PE ratio of 23.33, a P/E/G ratio of 1.03 and a beta of 1.83.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the sale, the chief accounting officer now owns 11,187 shares in the company, valued at approximately $2,035,922.13. This trade represents a 38.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction on Friday, November 1st. The stock was sold at an average price of $156.87, for a total value of $1,568,700.00. Following the transaction, the director now owns 188,505 shares in the company, valued at $29,570,779.35. This trade represents a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,951 shares of company stock worth $5,045,310. Insiders own 6.80% of the company's stock.

Institutional Investors Weigh In On Expedia Group

A number of institutional investors have recently modified their holdings of EXPE. Hantz Financial Services Inc. boosted its holdings in Expedia Group by 2.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company's stock valued at $441,000 after acquiring an additional 62 shares during the period. Empirical Finance LLC lifted its position in shares of Expedia Group by 1.3% during the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company's stock worth $704,000 after purchasing an additional 63 shares in the last quarter. Venture Visionary Partners LLC boosted its stake in shares of Expedia Group by 0.6% in the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company's stock valued at $1,683,000 after purchasing an additional 64 shares during the period. GHE LLC grew its holdings in shares of Expedia Group by 1.0% in the third quarter. GHE LLC now owns 6,689 shares of the online travel company's stock valued at $980,000 after purchasing an additional 69 shares in the last quarter. Finally, Signet Financial Management LLC grew its holdings in shares of Expedia Group by 0.3% in the fourth quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company's stock valued at $4,751,000 after purchasing an additional 74 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.