Expedia Group (NASDAQ:EXPE) Given New $205.00 Price Target at DA Davidson

Expedia Group (NASDAQ:EXPE) had its price target increased by analysts at DA Davidson from $190.00 to $205.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the online travel company’s stock. DA Davidson’s target price would indicate a potential upside of 18.79% from the stock’s current price.

EXPE has been the topic of several other reports. Susquehanna increased their price objective on shares of Expedia Group from $145.00 to $190.00 and gave the company a “neutral” rating in a report on Monday, November 11th. 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 note on Friday, November 8th. The Goldman Sachs Group increased their price objective on Expedia Group from $208.00 to $236.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Barclays lifted their price target on shares of Expedia Group from $153.00 to $166.00 and gave the company an “equal weight” rating in a research note on Monday, January 13th. Finally, Deutsche Bank Aktiengesellschaft downgraded Expedia Group from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Nineteen research analysts have rated the stock with a hold rating, eleven have issued 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 “Moderate Buy” and an average target price of $181.25.

Expedia Group Trading Up 1.7 %

Shares of EXPE opened at $172.57 on Friday. The stock has a 50 day simple moving average of $182.07 and a 200-day simple moving average of $159.92. 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 stock has a market cap of $22.15 billion, a PE ratio of 22.21, a PEG ratio of 0.77 and a beta of 1.82. Expedia Group has a 1 year low of $107.25 and a 1 year high of $192.34.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a return on equity of 49.25% and a net margin of 7.97%. On average, sell-side analysts predict that Expedia Group will post 8.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other Expedia Group news, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the completion of the transaction, the director now owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the transaction, the insider now owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This trade represents a 2.24 % 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 valued at $5,174,510. 6.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Expedia Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Banco Santander S.A. bought a new stake in shares of Expedia Group in the 4th quarter valued at $257,000. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Expedia Group during the fourth quarter worth $462,000. Ashton Thomas Private Wealth LLC lifted its position in Expedia Group by 5.8% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 3,639 shares of the online travel company’s stock valued at $678,000 after acquiring an additional 201 shares in the last quarter. Candriam S.C.A. boosted its position in shares of Expedia Group by 144.6% during the fourth quarter. Candriam S.C.A. now owns 43,650 shares of the online travel company’s stock valued at $8,133,000 after buying an additional 25,802 shares during the last quarter. Finally, Chung Wu Investment Group LLC purchased a new stake in Expedia Group in the 4th quarter valued at $242,000. 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.