Expedia Group Inc (EXPE) Receives Consensus Rating of “Buy” from Analysts

Shares of Expedia Group Inc (NASDAQ:EXPE) have earned an average recommendation of “Buy” from the thirty-one brokerages that are presently covering the company, MarketBeat reports. Twelve equities research analysts have rated the stock with a hold recommendation and eighteen have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $148.28.

Several equities analysts have commented on the company. Citigroup upped their price target on Expedia Group from $140.00 to $165.00 and gave the company a “buy” rating in a report on Monday, July 30th. Guggenheim reaffirmed a “buy” rating and issued a $160.00 price target on shares of Expedia Group in a report on Friday, July 27th. DA Davidson set a $160.00 price target on Expedia Group and gave the company a “buy” rating in a report on Friday, July 27th. Wedbush upped their price target on Expedia Group from $117.00 to $133.00 and gave the company a “hold” rating in a report on Friday, July 27th. Finally, Stifel Nicolaus upped their price target on Expedia Group from $122.00 to $136.00 and gave the company a “hold” rating in a report on Friday, July 27th.

In other news, Director Craig A. Jacobson sold 3,500 shares of the stock in a transaction that occurred on Monday, August 6th. The stock was sold at an average price of $133.48, for a total value of $467,180.00. Following the completion of the transaction, the director now directly owns 31,764 shares of the company’s stock, valued at approximately $4,239,858.72. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 20.96% of the company’s stock.



A number of hedge funds have recently added to or reduced their stakes in the stock. Marcus Capital LLC increased its holdings in Expedia Group by 6.5% during the 2nd quarter. Marcus Capital LLC now owns 6,150 shares of the online travel company’s stock valued at $739,000 after purchasing an additional 375 shares in the last quarter. Spinnaker Trust increased its holdings in Expedia Group by 1.8% during 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 in the last quarter. Macquarie Group Ltd. increased its holdings in Expedia Group by 18.2% during 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 in the last quarter. Crossmark Global Holdings Inc. increased its holdings in Expedia Group by 3.6% during 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 in the last quarter. Finally, Portland Hill Asset Management Ltd increased its holdings in Expedia Group by 0.9% during 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 in the last quarter. 79.12% of the stock is owned by hedge funds and other institutional investors.

Expedia Group stock opened at $125.43 on Thursday. The company has a quick ratio of 0.74, a current ratio of 0.70 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $18.02 billion, a price-to-earnings ratio of 33.72, a PEG ratio of 1.71 and a beta of 1.34. Expedia Group has a 12 month low of $98.52 and a 12 month high of $139.77.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, October 25th. The online travel company reported $3.65 EPS for the quarter, beating the consensus estimate of $3.12 by $0.53. The firm had revenue of $3.28 billion during the quarter, compared to analysts’ expectations of $3.29 billion. Expedia Group had a return on equity of 11.79% and a net margin of 4.04%. During the same quarter in the prior year, the firm posted $2.51 EPS. As a group, analysts expect that Expedia Group will post 4.44 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 6th. Stockholders of record on Thursday, November 15th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.02%. Expedia Group’s payout ratio is presently 34.41%.

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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