Standpoint Research Begins Coverage on Expedia Group (NASDAQ:EXPE)

Standpoint Research initiated coverage on shares of Expedia Group (NASDAQ:EXPE) in a research report report published on Tuesday, Briefing.com Automated Import reports. The firm issued a buy rating and a $180.00 price target on the online travel company’s stock.

A number of other analysts also recently issued reports on EXPE. Citigroup downgraded shares of Barrick Gold to a neutral rating in a report on Thursday, May 23rd. Piper Jaffray Companies lifted their price target on shares of Marvell Technology Group from $22.00 to $30.00 and gave the company an overweight rating in a report on Friday, May 3rd. Telsey Advisory Group set a $125.00 price target on shares of Expedia Group and gave the company a hold rating in a report on Friday, May 3rd. Argus downgraded shares of Expedia Group from a buy rating to a hold rating in a report on Wednesday, May 22nd. Finally, Cleveland Research began coverage on shares of Tripadvisor in a report on Wednesday, June 19th. They issued a neutral rating on the stock. Twelve equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. Expedia Group currently has a consensus rating of Buy and a consensus target price of $146.32.

Shares of EXPE traded down $0.08 during trading hours on Tuesday, reaching $136.39. 10,290 shares of the stock traded hands, compared to its average volume of 1,114,440. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.72 and a current ratio of 0.72. Expedia Group has a 52-week low of $108.11 and a 52-week high of $139.77. The company’s 50-day simple moving average is $128.52. The company has a market capitalization of $19.89 billion, a P/E ratio of 28.39, a P/E/G ratio of 1.91 and a beta of 1.08.



Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, May 2nd. The online travel company reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.61) by $0.34. The company had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.69 billion. Expedia Group had a net margin of 3.89% and a return on equity of 13.41%. Expedia Group’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.36) EPS. Equities research analysts expect that Expedia Group will post 5.75 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the stock. Pettyjohn Wood & White Inc. boosted its position in Expedia Group by 0.9% in the 1st quarter. Pettyjohn Wood & White Inc. now owns 11,806 shares of the online travel company’s stock valued at $1,405,000 after buying an additional 100 shares during the period. Duncker Streett & Co. Inc. boosted its position in Expedia Group by 2.8% in the 1st quarter. Duncker Streett & Co. Inc. now owns 3,670 shares of the online travel company’s stock valued at $437,000 after buying an additional 100 shares during the period. Commonwealth Bank of Australia boosted its position in Expedia Group by 1.0% in the 1st quarter. Commonwealth Bank of Australia now owns 9,706 shares of the online travel company’s stock valued at $1,149,000 after buying an additional 100 shares during the period. Markston International LLC boosted its position in Expedia Group by 4.4% in the 1st quarter. Markston International LLC now owns 2,565 shares of the online travel company’s stock valued at $305,000 after buying an additional 109 shares during the period. Finally, MML Investors Services LLC boosted its position in Expedia Group by 0.9% in the 1st quarter. MML Investors Services LLC now owns 12,262 shares of the online travel company’s stock valued at $1,459,000 after buying an additional 109 shares during the period. Institutional investors own 81.95% of the company’s stock.

Expedia Group Company Profile

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, alternative accommodations, 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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