Expedia Group (EXPE) PT Set at $155.00 by Oppenheimer

Expedia Group (NASDAQ:EXPE) has been assigned a $155.00 price target by equities research analysts at Oppenheimer in a research report issued on Tuesday. The firm presently has a “buy” rating on the online travel company’s stock. Oppenheimer’s price target would suggest a potential upside of 29.37% from the stock’s previous close. Oppenheimer also issued estimates for Expedia Group’s Q3 2018 earnings at $3.06 EPS, Q4 2018 earnings at $1.13 EPS, FY2018 earnings at $4.55 EPS and FY2020 earnings at $6.82 EPS.

Several other research firms have also recently issued reports on EXPE. SunTrust Banks reissued a “buy” rating on shares of Expedia Group in a research note on Monday, July 2nd. Cowen set a $150.00 price target on Expedia Group and gave the stock a “buy” rating in a research note on Thursday, July 19th. Piper Jaffray Companies increased their price target on Expedia Group from $135.00 to $150.00 and gave the stock an “overweight” rating in a research note on Friday, July 27th. Raymond James raised Expedia Group from a “market perform” rating to an “outperform” rating in a research note on Friday, July 27th. Finally, KeyCorp increased their price target on Expedia Group from $140.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, July 27th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nineteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $146.29.

EXPE traded up $2.24 during trading on Tuesday, reaching $119.81. 2,564,858 shares of the company were exchanged, compared to its average volume of 1,952,076. The company has a market cap of $17.73 billion, a P/E ratio of 32.21, a PEG ratio of 1.67 and a beta of 1.34. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.74 and a quick ratio of 0.74. Expedia Group has a 52 week low of $98.52 and a 52 week high of $148.48.



Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, October 25th. The online travel company reported $3.65 EPS for the quarter, topping the Zacks’ consensus estimate of $3.12 by $0.53. The firm had revenue of $3.28 billion during the quarter, compared to the consensus estimate of $3.29 billion. Expedia Group had a return on equity of 9.48% and a net margin of 2.54%. During the same period in the prior year, the business earned $2.51 EPS. As a group, research analysts anticipate that Expedia Group will post 4.42 earnings per share for the current year.

In other news, Director Susan C. Athey sold 1,547 shares of the firm’s stock in a transaction dated Tuesday, July 31st. The stock was sold at an average price of $133.99, for a total transaction of $207,282.53. Following the completion of the sale, the director now directly owns 1,974 shares of the company’s stock, valued at approximately $264,496.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Craig A. Jacobson sold 3,500 shares of the firm’s stock in a transaction dated Monday, August 6th. The stock was sold at an average price of $133.48, for a total value of $467,180.00. Following the sale, the director now directly owns 31,764 shares of the company’s stock, valued at $4,239,858.72. The disclosure for this sale can be found here. 20.96% of the stock is owned by company insiders.

Several hedge funds have recently made changes to their positions in EXPE. Marcus Capital LLC lifted its position in shares of Expedia Group by 6.5% during the 2nd quarter. Marcus Capital LLC now owns 6,150 shares of the online travel company’s stock worth $739,000 after buying an additional 375 shares during the period. Spinnaker Trust raised its position in Expedia Group by 1.8% in the 2nd quarter. Spinnaker Trust now owns 21,060 shares of the online travel company’s stock valued at $2,530,000 after purchasing an additional 379 shares during the last quarter. Macquarie Group Ltd. raised its position in Expedia Group by 18.2% in the 2nd quarter. Macquarie Group Ltd. now owns 2,600 shares of the online travel company’s stock valued at $312,000 after purchasing an additional 400 shares during the last quarter. Crossmark Global Holdings Inc. raised its position in Expedia Group by 3.6% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 11,771 shares of the online travel company’s stock valued at $1,415,000 after purchasing an additional 410 shares during the last quarter. Finally, Portland Hill Asset Management Ltd raised its position in Expedia Group by 0.9% in the 2nd quarter. Portland Hill Asset Management Ltd now owns 50,046 shares of the online travel company’s stock valued at $6,031,000 after purchasing an additional 454 shares during the last quarter. Institutional investors own 79.16% of the company’s stock.

About Expedia Group

Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

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Analyst Recommendations for Expedia Group (NASDAQ:EXPE)

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