Expedia Group (NASDAQ: EXPE – Get Rating) had its price objective trimmed by Deutsche Bank Aktiengesellschaft from $ 235.00 to $ 130.00 in a report issued on Monday, Benzinga reports. The firm currently has a buy rating on the online travel company’s stock.
A number of other research analysts also recently issued reports on the company. StockNews.com upgraded Expedia Group from a hold rating to a buy rating in a research note on Thursday, May 5th. Stifel Nicolaus restated a hold rating and issued a $ 205.00 price objective on shares of Expedia Group in a research note on Tuesday, May 3rd. Piper Sandler cut their price target on Expedia Group from $ 225.00 to $ 155.00 and set an overweight rating for the company in a research note on Tuesday, June 28th. JPMorgan Chase & Co. cut their price target on Expedia Group from $ 206.00 to $ 125.00 and set a neutral rating for the company in a research note on Wednesday, June 29th. Finally, Truist Financial cut their price target on Expedia Group from $ 240.00 to $ 185.00 and set a buy rating for the company in a research note on Thursday, July 14th. Fourteen analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of Hold and an average price target of $ 184.63.
Expedia Group Stock Down 3.3%
Shares of NASDAQ: EXPE opened at $ 102.20 on Monday. The company has a market capitalization of $ 16.06 billion, a PE ratio of 88.10, a price-to-earnings-growth ratio of 1.65 and a beta of 1.60. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.89 and a quick ratio of 0.89. The business has a fifty day moving average price of $ 105.35 and a two-hundred day moving average price of $ 151.68. Expedia Group has a 1 year low of $ 88.70 and a 1 year high of $ 217.72.
Expedia Group (NASDAQ: EXPE – Get Rating) last announced its quarterly earnings data on Monday, May 2nd. The online travel company reported ($ 0.93) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($ 0.69) by ($ 0.24). The business had revenue of $ 2.25 billion during the quarter, compared to the consensus estimate 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 last year, the company earned ($ 2.59) EPS. Analysts forecast 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 dated Monday, May 16th. The stock was sold at an average price of $ 124.12, for a total value of $ 46,669.12. Following the sale, the chief accounting officer now owns 8,949 shares of the company’s stock, valued at approximately $ 1,110,749.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 5.00% of the company’s stock.
Institutional Trading of Expedia Group
Several institutional investors and hedge funds have recently modified their holdings of EXPE. Sierra Capital LLC increased its position in shares of Expedia Group by 817.2% during the 2nd quarter. Sierra Capital LLC now owns 266 shares of the online travel company’s stock valued at $ 25,000 after purchasing an additional 237 shares during the last quarter. MCF Advisors LLC bought a new position in shares of Expedia Group during the 1st quarter valued at about $ 28,000. FNY Investment Advisers LLC bought a new position in shares of Expedia Group during the 1st quarter valued at about $ 29,000. Clear Street Markets LLC increased its position in shares of Expedia Group by 412.9% during the 2nd quarter. Clear Street Markets LLC now owns 318 shares of the online travel company’s stock valued at $ 30,000 after purchasing an additional 256 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of Expedia Group by 41.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the online travel company’s stock valued at $ 36,000 after purchasing an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 96.08% of the company’s stock.
Expedia Group Company Profile
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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