Expedia Group’s (EXPE) “Neutral” Rating Reiterated at Cantor Fitzgerald

Expedia Group (NASDAQ:EXPE)‘s stock had its “neutral” rating reiterated by stock analysts at Cantor Fitzgerald in a research note issued on Friday,Benzinga reports. They presently have a $210.00 price target on the online travel company’s stock, up from their previous price target of $180.00. Cantor Fitzgerald’s target price would indicate a potential upside of 5.12% from the company’s previous close.

EXPE has been the topic of a number of other research reports. Benchmark reaffirmed a “buy” rating and issued a $200.00 target price on shares of Expedia Group in a report on Tuesday. The Goldman Sachs Group lifted their target price on Expedia Group from $208.00 to $236.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Susquehanna increased their target price on shares of Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a report on Monday, November 11th. DA Davidson lifted their price target on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a report on Friday. Finally, Robert W. Baird started coverage on shares of Expedia Group in a research note on Wednesday, November 27th. They issued an “outperform” rating and a $225.00 price objective for the company. Nineteen research analysts have rated the stock with a hold rating, eleven have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $185.93.

Expedia Group Price Performance

Shares of NASDAQ EXPE traded up $27.20 during mid-day trading on Friday, reaching $199.77. The company had a trading volume of 6,875,449 shares, compared to its average volume of 1,921,955. The firm has a market cap of $25.64 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 0.77 and a beta of 1.82. The business’s 50-day simple moving average is $182.07 and its 200 day simple moving average is $159.92. Expedia Group has a one year low of $107.25 and a one year high of $205.12. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. On average, research analysts predict that Expedia Group will post 8.76 earnings per share for the current fiscal year.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the transaction, the insider now directly owns 85,250 shares of the company’s stock, valued at $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total value of $1,851,500.00. Following the completion of the transaction, the director now owns 168,505 shares in the company, valued at $31,198,700.75. The trade was a 5.60 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,951 shares of company stock valued at $5,174,510. Corporate insiders own 6.80% of the company’s stock.

Institutional Investors Weigh In On Expedia Group

Institutional investors have recently added to or reduced their stakes in the business. Greenleaf Trust boosted its stake in Expedia Group by 2.5% in the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company’s stock worth $470,000 after purchasing an additional 61 shares during the period. Hantz Financial Services Inc. grew its stake in Expedia Group by 2.1% during the third quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock valued at $441,000 after acquiring an additional 62 shares in the last quarter. Empirical Finance LLC increased its holdings in Expedia Group by 1.3% during the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after acquiring an additional 63 shares during the period. UMB Bank n.a. lifted its stake in Expedia Group by 14.8% in the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company’s stock worth $91,000 after purchasing an additional 63 shares in the last quarter. Finally, Venture Visionary Partners LLC boosted its holdings in Expedia Group by 0.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 11,367 shares of the online travel company’s stock valued at $1,683,000 after purchasing an additional 64 shares during the period. 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.