Analysts’ Weekly Ratings Changes for Expedia Group (EXPE)

Posted by ABMN Staff on May 24th, 2024

A number of firms have modified their ratings and price targets on shares of Expedia Group (NASDAQ: EXPE) recently:

5/21/2024 – Expedia Group had its price target lowered by analysts at BTIG Research from $175.00 to $150.00. They now have a “buy” rating on the stock.
5/15/2024 – Expedia Group had its “neutral” rating reaffirmed by analysts at Susquehanna. They now have a $125.00 price target on the stock.
5/15/2024 – Expedia Group had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $145.00 price target on the stock.
5/7/2024 – Expedia Group had its price target lowered by analysts at HSBC Holdings plc from $166.00 to $132.00. They now have a “hold” rating on the stock.
5/6/2024 – Expedia Group had its price target lowered by analysts at Susquehanna from $145.00 to $125.00. They now have a “neutral” rating on the stock.
5/6/2024 – Expedia Group had its price target lowered by analysts at Barclays PLC from $158.00 to $138.00. They now have an “equal weight” rating on the stock.
5/3/2024 – Expedia Group had its price target lowered by analysts at Royal Bank of Canada from $155.00 to $140.00. They now have a “sector perform” rating on the stock.
5/3/2024 – Expedia Group had its price target lowered by analysts at Evercore ISI from $190.00 to $175.00. They now have an “outperform” rating on the stock.
5/3/2024 – Expedia Group had its price target lowered by analysts at JPMorgan Chase & Co. from $136.00 to $128.00. They now have a “neutral” rating on the stock.
5/3/2024 – Expedia Group had its “neutral” rating reaffirmed by analysts at DA Davidson. They now have a $135.00 price target on the stock, down previously from $152.00.
5/3/2024 – Expedia Group had its price target lowered by analysts at Wedbush from $130.00 to $125.00. They now have a “neutral” rating on the stock.
5/3/2024 – Expedia Group had its price target lowered by analysts at Mizuho from $140.00 to $135.00. They now have a “neutral” rating on the stock.
5/3/2024 – Expedia Group was downgraded by analysts at Piper Sandler from an “overweight” rating to a “neutral” rating. They now have a $145.00 price target on the stock, down previously from $175.00.
5/3/2024 – Expedia Group was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating. They now have a $145.00 price target on the stock, down previously from $165.00.
5/3/2024 – Expedia Group had its price target lowered by analysts at Wells Fargo & Company from $149.00 to $137.00. They now have an “equal weight” rating on the stock.
5/3/2024 – Expedia Group had its price target lowered by analysts at TD Cowen from $165.00 to $130.00. They now have a “buy” rating on the stock.
5/3/2024 – Expedia Group had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $180.00 price target on the stock.
5/3/2024 – Expedia Group had its price target lowered by analysts at B. Riley from $200.00 to $190.00. They now have a “buy” rating on the stock.
4/29/2024 – Expedia Group had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $175.00 price target on the stock.
4/18/2024 – Expedia Group had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $130.00 price target on the stock.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE opened at $110.49 on Friday. The business has a 50-day moving average of $127.50 and a two-hundred day moving average of $136.51. The firm has a market capitalization of $15.06 billion, a PE ratio of 20.69, a P/E/G ratio of 0.42 and a beta of 1.83. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.79 and a quick ratio of 0.79. Expedia Group, Inc. has a 12 month low of $92.00 and a 12 month high of $160.05.

Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The online travel company reported ($0.39) EPS for the quarter, beating the consensus estimate of ($0.96) by $0.57. Expedia Group had a net margin of 6.18% and a return on equity of 41.63%. The firm had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.80 billion. As a group, research analysts forecast that Expedia Group, Inc. will post 9.35 earnings per share for the current year.

Insider Activity at Expedia Group

In related news, Director Craig A. Jacobson sold 6,722 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $112.71, for a total value of $757,636.62. Following the completion of the sale, the director now directly owns 32,620 shares in the company, valued at approximately $3,676,600.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 8.07% of the company’s stock.

Institutional Trading of Expedia Group

Several large investors have recently bought and sold shares of EXPE. ORG Partners LLC boosted its stake in shares of Expedia Group by 4,525.0% in the first 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 during the period. University of Texas Texas AM Investment Managment Co. acquired a new stake in shares of Expedia Group during the fourth quarter worth $26,000. City State Bank raised its position in shares of Expedia Group by 157.3% during the 4th quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after purchasing an additional 118 shares during the period. CVA Family Office LLC acquired a new position in shares of Expedia Group during the fourth quarter valued at $32,000. Finally, Parkside Financial Bank & Trust boosted its position in shares of Expedia Group by 173.0% during the third quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock worth $35,000 after buying an additional 218 shares during the period. Institutional investors and hedge funds own 90.76% of the company’s stock.

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.