Expedia Group, Inc. (NASDAQ:EXPE) Receives $192.64 Consensus Target Price from Brokerages

Expedia Group, Inc. (NASDAQ:EXPE) has been assigned a consensus recommendation of “Moderate Buy” from the thirty-three analysts that are currently covering the firm, Marketbeat reports. Nineteen equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and three have given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $192.64.

EXPE has been the subject of a number of recent research reports. StockNews.com upgraded Expedia Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 15th. HSBC upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research note on Friday, February 7th. UBS Group reiterated a “neutral” rating on shares of Expedia Group in a research note on Tuesday, February 4th. Susquehanna lifted their price objective on Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a research note on Monday, February 10th. Finally, Hsbc Global Res upgraded Expedia Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 7th.

Expedia Group Trading Down 4.0 %

EXPE opened at $196.91 on Monday. The stock has a market cap of $25.37 billion, a PE ratio of 21.76, a PEG ratio of 0.92 and a beta of 1.82. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.87. The business has a 50 day moving average of $185.40 and a 200-day moving average of $166.51. Expedia Group has a 52 week low of $107.25 and a 52 week high of $207.73.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. Equities research analysts predict that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, March 6th. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. Expedia Group’s payout ratio is currently 17.68%.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the transaction, the director now directly owns 168,505 shares in the company, valued at $31,198,700.75. The trade was a 5.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the transaction, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,000 shares of company stock valued at $4,577,900. Company insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

Several large investors have recently made changes to their positions in the business. Greenleaf Trust lifted its position in shares of Expedia Group by 2.5% in the fourth quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock valued at $470,000 after acquiring an additional 61 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Expedia Group by 2.1% in the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock valued at $441,000 after acquiring an additional 62 shares in the last quarter. Empirical Finance LLC lifted its position in shares of Expedia Group by 1.3% in the third quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock valued at $704,000 after acquiring an additional 63 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Expedia Group by 14.8% in the fourth quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock valued at $91,000 after acquiring an additional 63 shares in the last quarter. Finally, Venture Visionary Partners LLC lifted its position in shares of Expedia Group by 0.6% in the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock worth $1,683,000 after buying an additional 64 shares in the last quarter. 90.76% of the stock is currently 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.