UBS Group Boosts Expedia Group (NASDAQ:EXPE) Price Target to $156.00

Expedia Group (NASDAQ:EXPE) had its price objective increased by UBS Group from $137.00 to $156.00 in a research note issued to investors on Wednesday morning, Benzinga reports. The firm currently has a neutral rating on the online travel company’s stock.

A number of other research analysts also recently issued reports on the stock. BTIG Research raised their price target on shares of Expedia Group from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. 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. DA Davidson reaffirmed a “neutral” rating and set a $135.00 target price on shares of Expedia Group in a report on Friday, August 9th. Benchmark reissued a “buy” rating and issued a $180.00 price target on shares of Expedia Group in a report on Friday, August 9th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $140.00 price objective on shares of Expedia Group in a research report on Friday, August 9th. Nineteen equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Expedia Group presently has a consensus rating of “Hold” and a consensus target price of $152.54.

Expedia Group Stock Down 1.3 %

Shares of Expedia Group stock opened at $158.39 on Wednesday. The business has a 50-day moving average price of $143.75 and a 200 day moving average price of $130.90. Expedia Group has a fifty-two week low of $92.48 and a fifty-two week high of $164.65. The firm has a market cap of $21.59 billion, a P/E ratio of 29.66, a P/E/G ratio of 0.60 and a beta of 1.79. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.45.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, August 8th. The online travel company reported $3.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.17 by $0.34. Expedia Group had a return on equity of 47.55% and a net margin of 6.09%. The business had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.53 billion. During the same period in the previous year, the business earned $2.34 EPS. The business’s quarterly revenue was up 6.0% on a year-over-year basis. On average, sell-side analysts forecast that Expedia Group will post 8.98 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Expedia Group 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 owns 89,960 shares of the company’s stock, valued at approximately $11,829,740. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Expedia Group news, insider Robert J. Dzielak sold 5,417 shares of the company’s stock in a transaction dated 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 directly owns 84,543 shares of the company’s stock, valued at approximately $11,379,487.80. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert J. Dzielak sold 12,602 shares of Expedia Group 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 directly owns 89,960 shares in the company, valued at approximately $11,829,740. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 38,019 shares of company stock worth $5,390,191. Corporate insiders own 8.07% of the company’s stock.

Institutional Investors Weigh In On Expedia Group

Several hedge funds have recently made changes to their positions in the company. ORG Partners LLC grew its position in Expedia Group by 4,525.0% during the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after purchasing an additional 181 shares in the last quarter. Innealta Capital LLC purchased a new position in shares of Expedia Group during the second quarter valued at $27,000. Blue Trust Inc. raised its position in Expedia Group by 93.8% during the second quarter. Blue Trust Inc. now owns 217 shares of the online travel company’s stock valued at $30,000 after buying an additional 105 shares during the period. Crewe Advisors LLC purchased a new stake in Expedia Group in the 1st quarter worth about $40,000. Finally, LRI Investments LLC acquired a new stake in Expedia Group during the 1st quarter worth about $48,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Company Profile

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.