Cantor Fitzgerald Cuts Expedia Group (NASDAQ:EXPE) Price Target to $180.00

Expedia Group (NASDAQ:EXPE - Free Report) had its target price decreased by Cantor Fitzgerald from $190.00 to $180.00 in a research report report published on Wednesday morning,Benzinga reports. Cantor Fitzgerald currently has a neutral rating on the online travel company's stock.

Several other brokerages have also issued reports on EXPE. Melius upgraded shares of Expedia Group from a "hold" rating to a "buy" rating and set a $220.00 price target on the stock in a research note on Monday, January 6th. Wells Fargo & Company cut their target price on shares of Expedia Group from $172.00 to $168.00 and set an "equal weight" rating for the company in a research note on Thursday, January 16th. Jefferies Financial Group boosted their price target on Expedia Group from $145.00 to $160.00 and gave the company a "hold" rating in a research note on Tuesday, October 22nd. Susquehanna raised their target price on shares of Expedia Group from $145.00 to $190.00 and gave the stock a "neutral" rating in a report on Monday, November 11th. Finally, StockNews.com raised Expedia Group from a "buy" rating to a "strong-buy" rating in a report on Saturday, December 14th. Twenty equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $177.75.

Expedia Group Stock Up 0.4 %

Shares of EXPE stock traded up $0.68 during trading hours on Wednesday, hitting $171.95. 1,690,322 shares of the company were exchanged, compared to its average volume of 1,599,738. Expedia Group has a 52 week low of $107.25 and a 52 week high of $192.34. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03. The business has a 50 day moving average of $183.77 and a two-hundred day moving average of $158.62. The company has a market capitalization of $22.07 billion, a PE ratio of 22.13, a PEG ratio of 0.78 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.42 by ($0.24). The firm had revenue of $4.06 billion for the quarter, compared to the consensus estimate of $4.11 billion. Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. During the same quarter last year, the company posted $4.85 EPS. Analysts anticipate that Expedia Group will post 8.76 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $156.87, for a total value of $1,568,700.00. Following the completion of the sale, the director now directly owns 188,505 shares of the company's stock, valued at approximately $29,570,779.35. This represents a 5.04 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 7,000 shares of the business's stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at $2,035,922.13. The trade was a 38.49 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 28,951 shares of company stock worth $5,045,310. 6.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Expedia Group

Several large investors have recently made changes to their positions in the business. Caprock Group LLC increased its stake in shares of Expedia Group by 33.7% in the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company's stock worth $1,508,000 after purchasing an additional 2,569 shares in the last quarter. Teamwork Financial Advisors LLC bought a new stake in shares of Expedia Group during the fourth quarter valued at about $1,791,000. Cozad Asset Management Inc. boosted its position in shares of Expedia Group by 16.9% in the third quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company's stock valued at $4,562,000 after acquiring an additional 4,449 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of Expedia Group by 13.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company's stock valued at $96,171,000 after acquiring an additional 75,120 shares during the period. Finally, Integrated Investment Consultants LLC purchased a new position in Expedia Group during the third quarter valued at approximately $527,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

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.