Expedia Group, Inc. (NASDAQ:EXPE) Receives $149.12 Average Price Target from Analysts

Shares of Expedia Group, Inc. (NASDAQ:EXPEGet Free Report) have been assigned a consensus rating of “Hold” from the twenty-five analysts that are currently covering the stock, Marketbeat reports. Sixteen analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $148.12.

A number of brokerages recently issued reports on EXPE. HSBC reduced their price target on Expedia Group from $166.00 to $132.00 and set a “hold” rating on the stock in a report on Tuesday, May 7th. DA Davidson restated a “neutral” rating and set a $135.00 target price (down previously from $152.00) on shares of Expedia Group in a report on Friday, May 3rd. Royal Bank of Canada cut their price target on shares of Expedia Group from $155.00 to $140.00 and set a “sector perform” rating on the stock in a report on Friday, May 3rd. BMO Capital Markets restated a “market perform” rating and issued a $145.00 price objective on shares of Expedia Group in a report on Wednesday, May 15th. Finally, Bank of America lowered shares of Expedia Group from a “buy” rating to a “neutral” rating and set a $156.00 target price on the stock. in a research note on Friday, February 9th.

Check Out Our Latest Stock Analysis on Expedia Group

Expedia Group Stock Up 0.3 %

Shares of EXPE opened at $112.07 on Friday. Expedia Group has a 1 year low of $92.00 and a 1 year high of $160.05. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a 50 day simple moving average of $128.00 and a two-hundred day simple moving average of $136.69. The firm has a market cap of $15.27 billion, a P/E ratio of 20.99, a P/E/G ratio of 0.43 and a beta of 1.83.

Insider Buying and Selling

In other Expedia Group news, Director Craig A. Jacobson sold 6,722 shares of the business’s stock in a transaction dated 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 transaction, the director now owns 32,620 shares of the company’s stock, valued at approximately $3,676,600.20. The sale was disclosed in a legal filing with the SEC, which is available through this link. 8.07% of the stock is owned by company insiders.

Institutional Trading of Expedia Group

A number of large investors have recently made changes to their positions in the stock. ORG Partners LLC boosted its position in Expedia Group by 4,525.0% in the first quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after purchasing an additional 181 shares during the last quarter. University of Texas Texas AM Investment Managment Co. bought a new position in shares of Expedia Group in the 4th quarter worth approximately $26,000. City State Bank boosted its holdings in shares of Expedia Group by 157.3% in the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after buying an additional 118 shares during the last quarter. CVA Family Office LLC bought a new stake in Expedia Group during the fourth quarter valued at approximately $32,000. Finally, Parkside Financial Bank & Trust increased its holdings in Expedia Group by 173.0% during the third quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock valued at $35,000 after buying an additional 218 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

About Expedia Group

(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.

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Analyst Recommendations for Expedia Group (NASDAQ:EXPE)

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