Expedia Group (NASDAQ: EXPE) Price Target Cut to $ 130.00 by Analysts at Deutsche Bank Aktiengesellschaft


Expedia Group (NASDAQ: EXPE – Get Rating) had its target price reduced by equities research analysts at Deutsche Bank Aktiengesellschaft from $ 235.00 to $ 130.00 in a research note issued on Monday, The Fly reports. The firm presently has a “maintains” rating on the online travel company’s stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 25.13% from the stock’s current price.

Several other equities analysts have also commented on EXPE. Stifel Nicolaus reiterated a “hold” rating and issued a $ 205.00 target price on shares of Expedia Group in a research note on Tuesday, May 3rd. The Goldman Sachs Group dropped their price target on Expedia Group from $ 206.00 to $ 173.00 and set a “buy” rating for the company in a research note on Thursday, June 9th. Barclays upped their price target on Expedia Group from $ 226.00 to $ 229.00 in a research note on Tuesday, May 3rd. Benchmark upped their price target on Expedia Group from $ 265.00 to $ 275.00 in a research note on Tuesday, May 3rd. Finally, Evercore ISI dropped their price target on Expedia Group from $ 222.00 to $ 154.00 and set an “in-line” rating for the company in a research note on Thursday, July 7th. Fourteen research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $ 184.63.

Expedia Group Stock Performance

Expedia Group stock opened at $ 103.89 on Monday. The firm has a market capitalization of $ 16.32 billion, a P / E ratio of 89.56, a PEG ratio of 1.69 and a beta of 1.60. The stock has a fifty day moving average price of $ 106.27 and a 200 day moving average price of $ 152.58. Expedia Group has a 52 week low of $ 88.70 and a 52 week high of $ 217.72. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.16.

Expedia Group (NASDAQ: EXPE – Get Rating) last released its earnings results on Monday, May 2nd. The online travel company reported ($ 0.93) EPS for the quarter, missing the consensus estimate of ($ 0.69) by ($ 0.24). The business had revenue of $ 2.25 billion during the quarter, compared to analyst estimates of $ 2.27 billion. Expedia Group had a net margin of 4.87% and a return on equity of 11.93%. During the same quarter in the previous year, the company posted ($ 2.59) earnings per share. Equities research analysts anticipate that Expedia Group will post 4.49 earnings per share for the current year.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 376 shares of the firm’s stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of $ 124.12, for a total transaction of $ 46,669.12. Following the completion of the sale, the chief accounting officer now owns 8,949 shares in the company, valued at approximately $ 1,110,749.88. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 5.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in EXPE. MCF Advisors LLC acquired a new position in shares of Expedia Group in the 1st quarter worth approximately $ 28,000. FNY Investment Advisers LLC acquired a new position in shares of Expedia Group in the 1st quarter worth approximately $ 29,000. Clear Street Markets LLC grew its position in shares of Expedia Group by 412.9% in the 2nd quarter. Clear Street Markets LLC now owns 318 shares of the online travel company’s stock worth $ 30,000 after acquiring an additional 256 shares in the last quarter. Parkside Financial Bank & Trust grew its position in shares of Expedia Group by 41.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the online travel company’s stock worth $ 36,000 after acquiring an additional 58 shares in the last quarter. Finally, JW Cole Advisors Inc. bought a new stake in shares of Expedia Group in the 1st quarter worth approximately $ 36,000. Institutional investors and hedge funds own 96.08% of the company’s stock.

About Expedia Group

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Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises.

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