Susquehanna Boosts Expedia Group (NASDAQ:EXPE) Price Target to $205.00

Expedia Group (NASDAQ:EXPE) had its target price upped by analysts at Susquehanna from $190.00 to $205.00 in a report released on Monday,Benzinga reports. The firm currently has a “neutral” rating on the online travel company’s stock. Susquehanna’s price objective points to a potential upside of 3.96% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Morgan Stanley lifted their price target on Expedia Group from $180.00 to $185.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. UBS Group lifted their price target on Expedia Group from $137.00 to $156.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Wells Fargo & Company lifted their price target on Expedia Group from $168.00 to $199.00 and gave the company an “equal weight” rating in a research report on Friday, February 7th. JMP Securities reiterated a “market perform” rating on shares of Expedia Group in a research note on Friday, February 7th. Finally, HSBC upgraded Expedia Group from a “hold” rating to a “buy” rating and set a $215.00 price objective for the company in a research note on Friday, February 7th. Nineteen investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, Expedia Group currently has an average rating of “Moderate Buy” and a consensus target price of $192.64.

Expedia Group Price Performance

Shares of EXPE stock opened at $197.19 on Monday. The firm has a market cap of $25.31 billion, a P/E ratio of 21.79, a P/E/G ratio of 0.82 and a beta of 1.82. Expedia Group has a fifty-two week low of $107.25 and a fifty-two week high of $207.73. The business’s 50 day moving average price is $182.78 and its 200-day moving average price is $161.36. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 55.42% and a net margin of 9.01%. On average, equities research analysts anticipate that Expedia Group will post 10.75 earnings per share for the current year.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 7,000 shares of the business’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the completion of the sale, the chief accounting officer now owns 11,187 shares of the company’s stock, valued at approximately $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now directly owns 85,250 shares of the company’s stock, valued at $15,345,000. This represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 28,951 shares of company stock valued at $5,174,510. Company insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

A number of hedge funds have recently made changes to their positions in EXPE. Windacre Partnership LLC boosted its stake in shares of Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after acquiring an additional 1,431,500 shares during the period. Pacer Advisors Inc. boosted its stake in shares of Expedia Group by 22.5% in the third quarter. Pacer Advisors Inc. now owns 3,250,710 shares of the online travel company’s stock worth $481,170,000 after acquiring an additional 596,510 shares during the period. Alkeon Capital Management LLC boosted its stake in shares of Expedia Group by 46.3% in the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock worth $233,349,000 after acquiring an additional 498,934 shares during the period. KBC Group NV boosted its stake in shares of Expedia Group by 326.9% in the fourth quarter. KBC Group NV now owns 293,482 shares of the online travel company’s stock worth $54,685,000 after acquiring an additional 224,732 shares during the period. Finally, Teacher Retirement System of Texas boosted its stake in shares of Expedia Group by 193.3% in the fourth quarter. Teacher Retirement System of Texas now owns 340,171 shares of the online travel company’s stock worth $63,384,000 after acquiring an additional 224,182 shares during the period. Institutional investors own 90.76% of the company’s stock.

Expedia Group Company Profile

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.