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

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have earned a consensus rating of “Hold” from the twenty-six research firms that are currently covering the stock, Marketbeat Ratings reports. Nineteen equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $148.77.

Several analysts have issued reports on the company. Royal Bank of Canada restated a “sector perform” rating and set a $140.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. UBS Group dropped their price target on Expedia Group from $140.00 to $137.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th. DA Davidson reaffirmed a “neutral” rating and issued a $135.00 price objective on shares of Expedia Group in a report on Friday, August 9th. Citigroup increased their target price on shares of Expedia Group from $140.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, August 9th. Finally, Susquehanna lifted their price target on shares of Expedia Group from $125.00 to $145.00 and gave the company a “neutral” rating in a report on Monday, August 12th.

Expedia Group Stock Up 2.1 %

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 firm 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 capitalization of $20.24 billion, a P/E ratio of 27.81, a PEG ratio of 0.56 and a beta of 1.79. Expedia Group has a twelve month low of $92.48 and a twelve month high of $160.05.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, topping the consensus estimate of $3.17 by $0.34. The company had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.53 billion. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The company’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.34 EPS. On average, equities research analysts predict that Expedia Group will post 8.98 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Robert J. Dzielak sold 12,602 shares of the business’s 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 sale, the insider now owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction that occurred on Monday, August 19th. The shares were 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 of the company’s stock, valued at approximately $11,379,487.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 89,960 shares of the company’s stock, valued at $11,829,740. The disclosure for this sale can be found here. 8.07% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EXPE. Avantax Advisory Services Inc. acquired a new stake in shares of Expedia Group during the fourth quarter worth $226,000. Kingsview Wealth Management LLC purchased a new stake in Expedia Group during the fourth quarter valued at about $212,000. Brown Advisory Inc. increased its position in shares of Expedia Group by 1.5% in the fourth quarter. Brown Advisory Inc. now owns 33,768 shares of the online travel company’s stock worth $5,126,000 after acquiring an additional 511 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Expedia Group by 11.5% in the fourth quarter. Franklin Resources Inc. now owns 578,515 shares of the online travel company’s stock worth $87,813,000 after acquiring an additional 59,506 shares in the last quarter. Finally, Prospector Partners LLC raised its holdings in shares of Expedia Group by 0.4% during the fourth quarter. Prospector Partners LLC now owns 65,900 shares of the online travel company’s stock valued at $10,003,000 after acquiring an additional 290 shares during the period. Institutional investors 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.