A number of other research firms have also commented on EXPE. Cantor Fitzgerald reiterated a "neutral" rating and issued a $130.00 price objective on shares of Expedia Group in a research note on Monday, October 7th. Jefferies Financial Group increased their price target on shares of Expedia Group from $145.00 to $160.00 and gave the stock a "hold" rating in a research report on Tuesday, October 22nd. Piper Sandler reissued a "neutral" rating and set a $140.00 price objective (down from $145.00) on shares of Expedia Group in a report on Friday, August 9th. Wedbush increased their price target on Expedia Group from $125.00 to $130.00 and gave the stock a "neutral" rating in a research report on Friday, August 9th. Finally, DA Davidson reissued a "neutral" rating and set a $135.00 price objective on shares of Expedia Group in a report on Friday, August 9th. Nineteen equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Expedia Group has a consensus rating of "Hold" and an average price target of $152.54.
Check Out Our Latest Stock Analysis on EXPE
Shares of EXPE traded up $3.09 during midday trading on Friday, reaching $159.40. The stock had a trading volume of 1,212,228 shares, compared to its average volume of 2,174,946. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76. The firm's 50 day moving average price is $146.71 and its 200-day moving average price is $132.04. Expedia Group has a 52 week low of $93.19 and a 52 week high of $164.65. The company has a market capitalization of $20.75 billion, a P/E ratio of 28.46, a P/E/G ratio of 0.62 and a beta of 1.79.
Expedia Group (NASDAQ:EXPE - Get Free Report) last posted 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. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The company had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.53 billion. During the same period in the prior year, the firm earned $2.34 earnings per share. The business's quarterly revenue was up 6.0% on a year-over-year basis. On average, analysts forecast that Expedia Group will post 8.99 earnings per share for the current fiscal year.
In other news, insider Robert J. Dzielak sold 5,417 shares of Expedia Group stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $134.60, for a total transaction of $729,128.20. Following the completion of the transaction, the insider now directly owns 84,543 shares in the company, valued at approximately $11,379,487.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the transaction, the insider now owns 89,960 shares in the company, valued at $11,829,740. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert J. Dzielak sold 5,417 shares of Expedia Group 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 owns 84,543 shares of the company's stock, valued at approximately $11,379,487.80. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 38,019 shares of company stock worth $5,390,191 in the last 90 days. Corporate insiders own 6.80% of the company's stock.
A number of hedge funds have recently added to or reduced their stakes in EXPE. Venture Visionary Partners LLC raised its stake in shares of Expedia Group by 0.6% during the third quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company's stock valued at $1,683,000 after acquiring an additional 64 shares during the last quarter. Private Advisor Group LLC lifted its holdings in Expedia Group by 0.4% during the 1st quarter. Private Advisor Group LLC now owns 24,351 shares of the online travel company's stock worth $3,354,000 after buying an additional 87 shares during the period. First Trust Direct Indexing L.P. grew its position in shares of Expedia Group by 5.8% in the 1st quarter. First Trust Direct Indexing L.P. now owns 1,601 shares of the online travel company's stock valued at $221,000 after buying an additional 88 shares during the last quarter. Bleakley Financial Group LLC increased its stake in shares of Expedia Group by 5.1% in the first quarter. Bleakley Financial Group LLC now owns 2,028 shares of the online travel company's stock valued at $279,000 after buying an additional 99 shares during the period. Finally, AdvisorShares Investments LLC increased its stake in shares of Expedia Group by 7.1% in the second quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company's stock valued at $186,000 after buying an additional 100 shares during the period. 90.76% of the stock is owned by institutional investors.
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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