Expedia Group (NASDAQ:EXPE) Price Target Raised to $245.00

Expedia Group (NASDAQ:EXPEFree Report) had its target price upped by Deutsche Bank Aktiengesellschaft from $235.00 to $245.00 in a research report report published on Wednesday,MarketScreener reports. They currently have a hold rating on the online travel company’s stock.

Other research analysts have also issued reports about the company. Weiss Ratings restated a “buy (b-)” rating on shares of Expedia Group in a research report on Monday, December 29th. DA Davidson reaffirmed a “neutral” rating and set a $294.00 price objective on shares of Expedia Group in a research report on Thursday, December 11th. TD Cowen lifted their price target on shares of Expedia Group from $256.00 to $300.00 in a research report on Tuesday. BMO Capital Markets raised their price target on shares of Expedia Group from $205.00 to $250.00 in a research note on Friday, November 7th. Finally, Morgan Stanley boosted their price target on shares of Expedia Group from $180.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 13th. Thirteen analysts have rated the stock with a Buy rating and twenty-one have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $290.87.

Get Our Latest Stock Analysis on EXPE

Expedia Group Stock Performance

Shares of NASDAQ EXPE opened at $236.85 on Wednesday. The stock has a market capitalization of $29.02 billion, a price-to-earnings ratio of 22.67, a PEG ratio of 0.74 and a beta of 1.41. The stock’s fifty day simple moving average is $276.50 and its 200 day simple moving average is $238.58. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group has a 52-week low of $130.01 and a 52-week high of $303.80.

Expedia Group (NASDAQ:EXPEGet Free Report) last issued its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The business had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same period last year, the business earned $6.13 EPS. The firm’s revenue was up 8.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Expedia Group

In related news, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total value of $258,000.00. Following the sale, the director directly owned 2,916 shares in the company, valued at approximately $752,328. The trade was a 25.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Lance A. Soliday sold 849 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the sale, the chief accounting officer owned 11,662 shares of the company’s stock, valued at $2,893,108.96. This represents a 6.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,849 shares of company stock valued at $1,283,270 in the last quarter. 9.13% of the stock is owned by insiders.

Institutional Investors Weigh In On Expedia Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Entrust Financial LLC purchased a new stake in shares of Expedia Group in the 4th quarter worth about $26,000. JFS Wealth Advisors LLC boosted its holdings in shares of Expedia Group by 78.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after acquiring an additional 44 shares during the period. Lodestone Wealth Management LLC bought a new stake in shares of Expedia Group during the 4th quarter worth about $29,000. Grey Fox Wealth Advisors LLC acquired a new stake in Expedia Group in the 3rd quarter valued at about $30,000. Finally, Spire Wealth Management lifted its holdings in shares of Expedia Group by 114.3% during the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after purchasing an additional 80 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Expedia Group

Here are the key news stories impacting Expedia Group this week:

Expedia Group Company Profile

(Get Free Report)

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.

Featured Articles

Analyst Recommendations for Expedia Group (NASDAQ:EXPE)

Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.