Expedia Group (NASDAQ:EXPE) PT Lowered to $138.00 at Barclays

Expedia Group (NASDAQ:EXPE) had its target price reduced by Barclays from $158.00 to $138.00 in a research note released on Monday morning, Benzinga reports. They currently have an equal weight rating on the online travel company’s stock.

Other research analysts also recently issued research reports about the company. The Goldman Sachs Group increased their target price on Expedia Group from $155.00 to $190.00 and gave the company a buy rating in a report on Friday, January 19th. Wells Fargo & Company dropped their price objective on shares of Expedia Group from $149.00 to $137.00 and set an equal weight rating on the stock in a report on Friday, May 3rd. Royal Bank of Canada reduced their target price on shares of Expedia Group from $155.00 to $140.00 and set a sector perform rating for the company in a report on Friday, May 3rd. Piper Sandler cut shares of Expedia Group from an overweight rating to a neutral rating and dropped their price target for the stock from $175.00 to $145.00 in a research note on Friday, May 3rd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Expedia Group from $136.00 to $128.00 and set a neutral rating for the company in a research report on Friday, May 3rd. Sixteen analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Expedia Group presently has an average rating of Hold and an average target price of $149.12.

Expedia Group Stock Down 1.2 %

Shares of Expedia Group stock opened at $111.54 on Monday. Expedia Group has a twelve month low of $88.81 and a twelve month high of $160.05. The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 2.93. The company’s 50 day moving average is $132.97 and its 200 day moving average is $135.73. The company has a market cap of $15.20 billion, a price-to-earnings ratio of 20.89, a price-to-earnings-growth ratio of 0.35 and a beta of 1.83.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results 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. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. The firm had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.88 billion. Research analysts anticipate that Expedia Group will post 9.7 EPS for the current year.

Insider Activity

In related news, CAO Lance A. Soliday sold 5,119 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $137.21, for a total value of $702,377.99. Following the sale, the chief accounting officer now directly owns 10,880 shares in the company, valued at $1,492,844.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 8.07% of the company’s stock.

Institutional Investors Weigh In On Expedia Group

Several large investors have recently bought and sold shares of the business. University of Texas Texas AM Investment Managment Co. purchased a new position in shares of Expedia Group in the 4th quarter worth $26,000. ORG Partners LLC lifted its holdings in shares of Expedia Group by 4,525.0% in the 1st quarter. ORG Partners LLC now owns 185 shares of the online travel company’s stock valued at $25,000 after acquiring an additional 181 shares during the last quarter. City State Bank grew its position in Expedia Group by 157.3% in the fourth quarter. City State Bank now owns 193 shares of the online travel company’s stock worth $29,000 after acquiring an additional 118 shares in the last quarter. CVA Family Office LLC bought a new stake in Expedia Group during the fourth quarter worth approximately $32,000. Finally, MV Capital Management Inc. raised its position in Expedia Group by 335.6% during the fourth quarter. MV Capital Management Inc. now owns 318 shares of the online travel company’s stock valued at $48,000 after purchasing an additional 245 shares during the period. Institutional investors own 90.76% of the company’s stock.

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.