Expedia Group, Inc. (NASDAQ:EXPE) Given Consensus Recommendation of “Hold” by Brokerages

Expedia Group, Inc. (NASDAQ:EXPE) has received an average rating of “Hold” from the twenty-six ratings firms that are presently covering the stock, Marketbeat reports. Nineteen research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $148.77.

A number of equities analysts have issued reports on EXPE shares. UBS Group cut their target price on shares of Expedia Group from $140.00 to $137.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Barclays reduced their target price on Expedia Group from $138.00 to $134.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. Wedbush raised their price target on Expedia Group from $125.00 to $130.00 and gave the stock a “neutral” rating in a research report on Friday, August 9th. DA Davidson restated a “neutral” rating and issued a $135.00 price objective on shares of Expedia Group in a research report on Friday, August 9th. Finally, Wells Fargo & Company cut their target price on shares of Expedia Group from $140.00 to $130.00 and set an “equal weight” rating for the company in a research note on Friday, August 9th.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 12,602 shares of Expedia Group stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction on 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. The sale was disclosed in a legal 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 transaction, the insider now owns 84,543 shares in the company, valued at approximately $11,379,487.80. The disclosure for this sale can be found here. Company insiders own 8.07% of the company’s stock.

Institutional Trading of Expedia Group

Several large investors have recently bought and sold shares of EXPE. ValueAct Holdings L.P. acquired a new position in shares of Expedia Group during the fourth quarter worth $645,346,000. Pacer Advisors Inc. lifted its holdings in Expedia Group by 36.8% in the 2nd quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock worth $334,403,000 after buying an additional 714,229 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Expedia Group by 414.4% in the 1st quarter. Acadian Asset Management LLC now owns 686,244 shares of the online travel company’s stock worth $94,512,000 after buying an additional 552,831 shares in the last quarter. Point72 Asset Management L.P. boosted its position in Expedia Group by 1,649.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company’s stock valued at $51,354,000 after buying an additional 384,305 shares during the last quarter. Finally, AustralianSuper Pty Ltd grew its stake in shares of Expedia Group by 88.8% during the second quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company’s stock valued at $94,903,000 after acquiring an additional 354,389 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE stock opened at $148.48 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.45. The stock has a 50 day simple moving average of $132.54 and a 200-day simple moving average of $128.30. The company has a market cap of $20.24 billion, a price-to-earnings ratio of 27.81, a price-to-earnings-growth ratio of 0.56 and a beta of 1.79. Expedia Group has a 12-month low of $92.48 and a 12-month high of $160.05.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.34. The company 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%. Expedia Group’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.34 earnings per share. On average, equities analysts forecast that Expedia Group will post 8.98 EPS for the current year.

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.