Expedia Group (NASDAQ:EXPE) Stock Rating Reaffirmed by Cantor Fitzgerald

Expedia Group (NASDAQ:EXPEGet Free Report)‘s stock had its “neutral” rating restated by investment analysts at Cantor Fitzgerald in a note issued to investors on Monday, Benzinga reports. They currently have a $130.00 price objective on the online travel company’s stock. Cantor Fitzgerald’s target price would suggest a potential downside of 14.45% from the stock’s previous close.

EXPE has been the topic of a number of other research reports. Wells Fargo & Company reduced their target price on Expedia Group from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. DA Davidson reaffirmed a “neutral” rating and set a $135.00 price objective on shares of Expedia Group in a research note on Friday, August 9th. BTIG Research lifted their price objective on Expedia Group from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Royal Bank of Canada restated a “sector perform” rating and issued a $140.00 target price on shares of Expedia Group 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 stock a “neutral” rating in a report on Monday, August 12th. Nineteen equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $150.85.

Check Out Our Latest Stock Analysis on EXPE

Expedia Group Stock Up 0.6 %

Expedia Group stock opened at $151.95 on Monday. Expedia Group has a fifty-two week low of $92.48 and a fifty-two week high of $160.05. The firm has a market capitalization of $20.71 billion, a price-to-earnings ratio of 28.46, a price-to-earnings-growth ratio of 0.56 and a beta of 1.79. The stock’s fifty day moving average is $135.42 and its two-hundred day moving average is $128.97. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76.

Expedia Group (NASDAQ:EXPEGet Free Report) last issued its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. The firm had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.53 billion. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The firm’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.34 EPS. Analysts predict that Expedia Group will post 8.98 EPS for the current fiscal year.

Insider Activity at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction on Friday, September 27th. The stock was sold at an average price of $150.21, for a total value of $1,502,100.00. Following the completion of the sale, the director now directly owns 208,505 shares in the company, valued at approximately $31,319,536.05. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $150.21, for a total transaction of $1,502,100.00. Following the transaction, the director now directly owns 208,505 shares of the company’s stock, valued at approximately $31,319,536.05. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the sale, the insider now directly owns 84,543 shares of the company’s stock, valued at $11,379,487.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,019 shares of company stock worth $5,390,191. 8.07% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Expedia Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. University of Texas Texas AM Investment Managment Co. acquired a new stake in shares of Expedia Group during the fourth quarter valued at about $26,000. ORG Partners LLC grew its stake in Expedia Group by 4,525.0% during the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock valued at $25,000 after purchasing an additional 181 shares in the last quarter. Innealta Capital LLC purchased a new stake in Expedia Group during the 2nd quarter worth approximately $27,000. Blue Trust Inc. raised its position in shares of Expedia Group by 93.8% in the 2nd quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 105 shares in the last quarter. Finally, Crewe Advisors LLC purchased a new position in shares of Expedia Group during the 1st quarter valued at approximately $40,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Expedia Group (NASDAQ:EXPE)

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