Expedia Group, Inc. (NASDAQ: EXPE) Receives Average Recommendation of “Hold” from Brokerages

Expedia Group, Inc. (NASDAQ: EXPE – Get Rating) has earned a consensus rating of “Hold” from the thirty brokerages that are presently covering the stock, Marketbeat.com reports. Twelve equities research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $ 169.69.

A number of analysts have recently issued reports on EXPE shares. Evercore ISI lowered their price objective on Expedia Group from $ 222.00 to $ 154.00 and set an “in-line” rating on the stock in a research report on Thursday, July 7th. StockNews.com upgraded Expedia Group from a “hold” rating to a “buy” rating in a research report on Thursday, May 5th. Truist Financial lowered their price objective on Expedia Group from $ 240.00 to $ 185.00 and set a “buy” rating on the stock in a research report on Thursday, July 14th. Credit Suisse Group decreased their price target on Expedia Group to $ 216.00 in a research note on Tuesday, August 9th. Finally, UBS Group boosted their price target on Expedia Group from $ 108.00 to $ 112.00 and gave the company a “neutral” rating in a research note on Friday, August 19th.

Expedia Group Stock Performance


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Shares of NASDAQ EXPE opened at $ 102.65 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.99. The business’s 50 day moving average is $ 101.95 and its two-hundred day moving average is $ 141.84. The company has a market cap of $ 16.17 billion, a P / E ratio of 51.07, a P / E / G ratio of 1.45 and a beta of 1.60. Expedia Group has a 12 month low of $ 88.70 and a 12 month high of $ 217.72.

Expedia Group (NASDAQ: EXPE – Get Rating) last issued its quarterly earnings results on Thursday, August 4th. The online travel company reported $ 1.96 EPS for the quarter, topping the consensus estimate of $ 1.57 by $ 0.39. The company had revenue of $ 3.18 billion for the quarter, compared to the consensus estimate of $ 2.99 billion. Expedia Group had a return on equity of 22.14% and a net margin of 4.26%. The company’s revenue for the quarter was up 50.7% on a year-over-year basis. During the same period in the previous year, the business posted ($ 1.77) EPS. On average, equities analysts expect that Expedia Group will post 5.09 EPS for the current year.

Insider Transactions at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 636 shares of the firm’s stock in a transaction on Monday, August 15th. The stock was sold at an average price of $ 114.04, for a total transaction of $ 72,529.44. Following the transaction, the chief accounting officer now owns 8,949 shares in the company, valued at approximately $ 1,020,543.96. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 7.52% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Expedia Group

Several hedge funds have recently modified their holdings of the company. Sierra Capital LLC lifted its stake in shares of Expedia Group by 817.2% in 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 period. Ronald Blue Trust Inc. purchased a new position in Expedia Group in the second quarter valued at approximately $ 27,000. MCF Advisors LLC purchased a new stake in shares of Expedia Group during the first quarter worth $ 28,000. FNY Investment Advisers LLC bought a new position in shares of Expedia Group in the first quarter worth $ 29,000. Finally, Clear Street Markets LLC increased its holdings in shares of Expedia Group by 412.9% in the second quarter. Clear Street Markets LLC now owns 318 shares of the online travel company’s stock worth $ 30,000 after purchasing an additional 256 shares during the period. Institutional investors and hedge funds own 97.43% of the company’s stock.

About Expedia Group

(Get Rating)

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.

Further Reading

Analyst Recommendations for Expedia Group (NASDAQ: EXPE)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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