Expedia Group (NASDAQ:EXPE) PT Lowered to $125.00 at Susquehanna

Expedia Group (NASDAQ:EXPE) had its price objective trimmed by Susquehanna from $145.00 to $125.00 in a research report released on Monday, Benzinga reports. The brokerage currently has a neutral rating on the online travel company’s stock.

A number of other brokerages have also recently issued reports on EXPE. Royal Bank of Canada lowered their price objective on Expedia Group from $155.00 to $140.00 and set a sector perform rating on the stock in a research note on Friday, May 3rd. DA Davidson reissued a neutral rating and issued a $135.00 price target (down from $152.00) on shares of Expedia Group in a research note on Friday, May 3rd. B. Riley cut their price target on shares of Expedia Group from $200.00 to $190.00 and set a buy rating on the stock in a report on Friday, May 3rd. Wedbush reduced their price objective on shares of Expedia Group from $130.00 to $125.00 and set a neutral rating on the stock in a research report on Friday, May 3rd. Finally, Evercore ISI lowered their price objective on Expedia Group from $190.00 to $175.00 and set an outperform rating for the company in a research report on Friday, May 3rd. Sixteen equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of $149.12.

Expedia Group Price Performance

EXPE opened at $111.54 on Monday. Expedia Group has a fifty-two week low of $88.81 and a fifty-two week high of $160.05. The firm has a 50-day moving average of $132.97 and a 200 day moving average of $135.73. The firm has a market cap of $15.20 billion, a P/E ratio of 20.89, a PEG ratio of 0.35 and a beta of 1.83. The company has a debt-to-equity ratio of 2.93, a quick ratio of 0.78 and a current ratio of 0.79.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.10. The business had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.88 billion. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. On average, research analysts expect that Expedia Group will post 9.7 EPS for the current year.

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 5,119 shares of Expedia Group stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total transaction of $702,377.99. Following the sale, the chief accounting officer now owns 10,880 shares of the company’s stock, valued at approximately $1,492,844.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.07% of the stock is owned by company insiders.

Institutional Trading of Expedia Group

Hedge funds have recently modified their holdings of the company. ORG Partners LLC grew its stake in Expedia Group by 4,525.0% in the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock worth $25,000 after acquiring an additional 181 shares in the last quarter. University of Texas Texas AM Investment Managment Co. acquired a new position in Expedia Group in the fourth quarter valued at approximately $26,000. City State Bank grew its position in Expedia Group by 157.3% during the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock valued at $29,000 after buying an additional 118 shares during the period. CVA Family Office LLC acquired a new position in Expedia Group in the 4th quarter worth about $32,000. Finally, Parkside Financial Bank & Trust grew its stake in Expedia Group by 173.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 344 shares of the online travel company’s stock valued at $35,000 after acquiring an additional 218 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

About Expedia Group

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.