Expedia Group (NASDAQ:EXPE) Price Target Increased to $159.00 by Analysts at Wells Fargo & Company

Expedia Group (NASDAQ:EXPE) had its price objective hoisted by Wells Fargo & Company from $130.00 to $159.00 in a report published on Tuesday morning, Benzinga reports. The firm currently has an equal weight rating on the online travel company’s stock.

EXPE has been the subject of a number of other reports. BTIG Research raised their price objective on shares of Expedia Group from $150.00 to $175.00 and gave the stock a buy rating in a research note on Friday, September 27th. Susquehanna increased their target price on Expedia Group from $125.00 to $145.00 and gave the company a neutral rating in a report on Monday, August 12th. Barclays dropped their price target on Expedia Group from $138.00 to $134.00 and set an equal weight rating for the company in a research report on Friday, August 9th. TD Cowen downgraded Expedia Group from a buy rating to a hold rating and upped their price objective for the company from $130.00 to $150.00 in a research report on Wednesday, September 25th. Finally, Cantor Fitzgerald reiterated a neutral rating and set a $130.00 price objective on shares of Expedia Group in a research report on Monday, October 7th. Nineteen investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Expedia Group currently has a consensus rating of Hold and an average target price of $150.85.

Expedia Group Stock Down 0.2 %

EXPE opened at $150.50 on Tuesday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market cap of $20.51 billion, a price-to-earnings ratio of 28.18, a PEG ratio of 0.60 and a beta of 1.79. Expedia Group has a one year low of $92.48 and a one year high of $160.05. The business’s fifty day moving average is $136.98 and its two-hundred day moving average is $129.40.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, August 8th. The online travel company reported $3.51 EPS for the quarter, topping the consensus estimate of $3.17 by $0.34. The business had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.53 billion. Expedia Group had a net margin of 6.09% and a return on equity of 47.55%. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.34 EPS. Analysts anticipate that Expedia Group will post 8.98 EPS for the current fiscal year.

Insider Activity at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of the company’s stock in a transaction dated 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 sale, the insider now directly owns 89,960 shares in the company, valued at $11,829,740. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Expedia Group news, insider Robert J. Dzielak sold 12,602 shares of Expedia Group 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 directly owns 89,960 shares of the company’s stock, valued at $11,829,740. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Robert J. Dzielak sold 5,417 shares of the stock in a transaction 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 sale, the insider now directly owns 84,543 shares of the company’s stock, valued at $11,379,487.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 38,019 shares of company stock worth $5,390,191. 8.07% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in EXPE. Private Advisor Group LLC boosted its position in shares of Expedia Group by 0.4% in the first 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. boosted its holdings in 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 worth $221,000 after acquiring an additional 88 shares during the period. Bleakley Financial Group LLC grew its position in 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 acquiring an additional 99 shares in the last quarter. Elo Mutual Pension Insurance Co raised its stake in shares of Expedia Group by 0.8% during the fourth quarter. Elo Mutual Pension Insurance Co now owns 12,035 shares of the online travel company’s stock valued at $1,827,000 after purchasing an additional 100 shares during the period. Finally, AdvisorShares Investments LLC raised its stake in shares of Expedia Group by 7.1% during the second quarter. AdvisorShares Investments LLC now owns 1,517 shares of the online travel company’s stock valued at $186,000 after purchasing an additional 100 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

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.