Expedia Group, Inc. (NASDAQ:EXPE) Receives $192.64 Consensus PT from Brokerages

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been given an average recommendation of “Moderate Buy” by the thirty-three analysts that are presently covering the company, MarketBeat reports. Nineteen analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $192.64.

Several research firms have issued reports on EXPE. Wedbush reissued a “neutral” rating and set a $215.00 price target (up previously from $180.00) on shares of Expedia Group in a report on Friday, February 7th. Citigroup boosted their price target on Expedia Group from $200.00 to $217.00 and gave the company a “neutral” rating in a report on Tuesday, February 11th. HSBC raised Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price target for the company in a report on Friday, February 7th. Wells Fargo & Company boosted their price target on Expedia Group from $168.00 to $199.00 and gave the company an “equal weight” rating in a report on Friday, February 7th. Finally, StockNews.com raised Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 15th.

Expedia Group Stock Performance

Shares of EXPE opened at $196.91 on Monday. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. Expedia Group has a one year low of $107.25 and a one year high of $207.73. The firm has a market capitalization of $25.37 billion, a P/E ratio of 21.76, a PEG ratio of 0.92 and a beta of 1.82. The business has a fifty day moving average of $185.12 and a 200 day moving average of $165.21.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. As a group, sell-side analysts anticipate that Expedia Group will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.81%. This is an increase from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Thursday, March 6th.

Insider Transactions at Expedia Group

In related news, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the transaction, the director now owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the completion of the transaction, the insider now directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. This trade represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,000 shares of company stock worth $4,577,900. 6.80% of the stock is currently owned by company insiders.

Institutional Trading of Expedia Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Greenleaf Trust boosted its position in shares of 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 in the last quarter. Hantz Financial Services Inc. boosted its position in shares of Expedia Group by 2.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,980 shares of the online travel company’s stock worth $441,000 after purchasing an additional 62 shares in the last quarter. Empirical Finance LLC boosted its position in shares of Expedia Group by 1.3% in the 3rd quarter. Empirical Finance LLC now owns 4,754 shares of the online travel company’s stock worth $704,000 after purchasing an additional 63 shares in the last quarter. UMB Bank n.a. boosted its position in shares of 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 position in shares of 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 worth $1,683,000 after purchasing an additional 64 shares in the last quarter. 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.