Expedia Group (NASDAQ:EXPE) Earns Neutral Rating from Cantor Fitzgerald

Cantor Fitzgerald reiterated their neutral rating on shares of Expedia Group (NASDAQ:EXPE) in a report published on Monday, Benzinga reports. The brokerage currently has a $130.00 price target on the online travel company’s stock.

Other equities research analysts have also issued research reports about the stock. Susquehanna raised their target price 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. TD Cowen downgraded shares of Expedia Group from a buy rating to a hold rating and raised their price objective for the stock from $130.00 to $150.00 in a research note on Wednesday, September 25th. Citigroup upped their target price on Expedia Group from $140.00 to $145.00 and gave the company a neutral rating in a research note on Friday, August 9th. Wedbush raised their price target on Expedia Group from $125.00 to $130.00 and gave the stock a neutral rating in a research note on Friday, August 9th. Finally, StockNews.com raised Expedia Group from a buy rating to a strong-buy rating in a research report on Thursday, September 26th. Nineteen research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of Hold and an average price target of $149.73.

Expedia Group Trading Down 0.6 %

Shares of NASDAQ EXPE opened at $146.84 on Monday. The stock has a market capitalization of $20.01 billion, a P/E ratio of 27.50, a PEG ratio of 0.56 and a beta of 1.79. Expedia Group has a 1-year low of $92.48 and a 1-year high of $160.05. The business’s 50 day moving average is $134.47 and its two-hundred day moving average is $128.86. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.76 and a quick ratio of 0.76.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.34. The company had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.53 billion. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. Expedia Group’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.34 EPS. As a group, research analysts expect that Expedia Group will post 8.98 EPS for the current year.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total value of $1,657,163.00. Following the transaction, the insider now directly owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider Robert J. Dzielak sold 5,417 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $134.60, for a total value of $729,128.20. Following the sale, the insider now owns 84,543 shares in the company, valued at $11,379,487.80. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 12,602 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $131.50, for a total transaction of $1,657,163.00. Following the completion of the transaction, the insider now owns 89,960 shares in the company, valued at approximately $11,829,740. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,019 shares of company stock worth $3,888,391. Company insiders own 8.07% of the company’s stock.

Institutional Trading of Expedia Group

Large investors have recently made changes to their positions in the business. University of Texas Texas AM Investment Managment Co. acquired a new position in Expedia Group during the fourth quarter valued at $26,000. ORG Partners LLC lifted its holdings in shares of Expedia Group by 4,525.0% in the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock valued at $25,000 after buying an additional 181 shares during the period. Innealta Capital LLC purchased a new stake in shares of Expedia Group in the second quarter worth about $27,000. Blue Trust Inc. grew its holdings in Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock worth $30,000 after acquiring an additional 105 shares during the period. Finally, Crewe Advisors LLC purchased a new position in Expedia Group during the first quarter valued at approximately $40,000. 90.76% of the stock is owned by hedge funds and other institutional investors.

About Expedia Group

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.