Barclays Raises Expedia Group (NASDAQ:EXPE) Price Target to $153.00

Expedia Group (NASDAQ:EXPE - Get Free Report) had its price objective increased by research analysts at Barclays from $134.00 to $153.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an "equal weight" rating on the online travel company's stock. Barclays's price objective would suggest a potential downside of 15.36% from the stock's current price.

EXPE has been the topic of a number of other reports. Oppenheimer raised their price target on Expedia Group from $155.00 to $210.00 and gave the stock an "outperform" rating in a research note on Friday. Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a "buy" rating to a "hold" rating in a research note on Friday. Bank of America increased their price objective on shares of Expedia Group from $144.00 to $166.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. Royal Bank of Canada restated a "sector perform" rating and set a $140.00 target price on shares of Expedia Group in a research report on Friday, August 9th. Finally, Wells Fargo & Company increased their price target on shares of Expedia Group from $130.00 to $159.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 8th. Twenty analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Expedia Group presently has a consensus rating of "Hold" and a consensus price target of $159.88.

Expedia Group Stock Performance

EXPE traded up $6.63 during midday trading on Friday, hitting $180.76. 4,870,933 shares of the company traded hands, compared to its average volume of 2,184,719. The company's 50-day moving average is $149.81 and its 200 day moving average is $133.47. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.45. The firm has a market capitalization of $23.53 billion, a PE ratio of 23.26, a price-to-earnings-growth ratio of 0.62 and a beta of 1.78. Expedia Group has a 52 week low of $107.25 and a 52 week high of $190.40.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.17 by $0.34. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The company had revenue of $3.56 billion for the quarter, compared to analysts' expectations of $3.53 billion. During the same quarter last year, the company posted $2.34 earnings per share. The firm's quarterly revenue was up 6.0% on a year-over-year basis. On average, research analysts expect that Expedia Group will post 8.99 EPS for the current year.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 5,417 shares of the business's stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the transaction, the insider now owns 84,543 shares in the company, valued at $11,379,487.80. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the completion of the sale, the insider now directly owns 89,960 shares in the company, valued at approximately $11,829,740. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of the business's stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now owns 84,543 shares in the company, valued at $11,379,487.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 48,019 shares of company stock valued at $6,958,891. 6.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Innealta Capital LLC purchased a new stake in shares of Expedia Group during the second quarter valued at $27,000. Blue Trust Inc. raised its stake in shares of Expedia Group by 93.8% in the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company's stock worth $30,000 after purchasing an additional 105 shares during the last quarter. Crewe Advisors LLC purchased a new position in shares of Expedia Group in the first quarter worth about $40,000. LRI Investments LLC acquired a new stake in shares of Expedia Group during the first quarter worth about $48,000. Finally, Cedar Wealth Management LLC purchased a new stake in Expedia Group in the first quarter valued at approximately $49,000. Institutional investors and hedge funds own 90.76% of the company's stock.

About Expedia Group

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.