Expedia Group, Inc. (NASDAQ:EXPE) Receives Consensus Rating of "Hold" from Brokerages

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) has earned a consensus recommendation of "Hold" from the twenty-seven ratings firms that are presently covering the company, MarketBeat.com reports. Twenty investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $159.88.

A number of equities research analysts have commented on the company. Benchmark raised their price objective on Expedia Group from $180.00 to $200.00 and gave the company a "buy" rating in a research note on Friday. BTIG Research lifted their price target on shares of Expedia Group from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Friday. DA Davidson restated a "neutral" rating and set a $135.00 price objective on shares of Expedia Group in a report on Friday, August 9th. Barclays lifted their price objective on shares of Expedia Group from $134.00 to $153.00 and gave the company an "equal weight" rating in a report on Friday. Finally, Susquehanna upped their target price on shares of Expedia Group from $125.00 to $145.00 and gave the stock a "neutral" rating in a report on Monday, August 12th.

Expedia Group Trading Up 3.8 %

Expedia Group stock traded up $6.63 during trading hours on Friday, reaching $180.76. 4,871,457 shares of the company's stock were exchanged, compared to its average volume of 1,550,834. The firm has a market capitalization of $23.53 billion, a PE ratio of 32.28, a PEG ratio of 0.67 and a beta of 1.78. 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's 50 day simple moving average is $149.81 and its 200 day simple moving average is $133.47. Expedia Group has a twelve month low of $107.25 and a twelve month high of $190.40.

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

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 5,417 shares of the company's stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now directly owns 84,543 shares of the company's stock, valued at $11,379,487.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Dara Khosrowshahi sold 10,000 shares of Expedia Group stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the transaction, the director now owns 208,505 shares of the company's stock, valued at $31,319,536.05. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of the 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 sale, the insider now owns 84,543 shares in the company, valued at approximately $11,379,487.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 48,019 shares of company stock worth $6,958,891 over the last ninety days. 6.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of EXPE. Empirical Finance LLC lifted its holdings in shares of Expedia Group by 3.2% during the 1st quarter. Empirical Finance LLC now owns 5,101 shares of the online travel company's stock valued at $703,000 after buying an additional 157 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of Expedia Group by 17.0% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 3,988 shares of the online travel company's stock valued at $549,000 after purchasing an additional 579 shares during the period. LSV Asset Management purchased a new stake in shares of Expedia Group during the 1st quarter valued at about $8,361,000. Oppenheimer Asset Management Inc. lifted its stake in shares of Expedia Group by 36.6% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 13,037 shares of the online travel company's stock worth $1,796,000 after purchasing an additional 3,496 shares during the period. Finally, Forsta AP Fonden boosted its holdings in shares of Expedia Group by 7.8% in the first quarter. Forsta AP Fonden now owns 37,500 shares of the online travel company's stock worth $5,166,000 after buying an additional 2,700 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company's stock.

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.