Expedia Group, Inc. (NASDAQ:EXPE) Receives $193.61 Average Price Target from Brokerages

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been given an average rating of “Moderate Buy” by the thirty-three ratings firms that are covering the firm, MarketBeat.com reports. Nineteen investment analysts have rated the stock with a hold rating, eleven have given a buy rating and three have given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $193.61.

A number of research firms recently weighed in on EXPE. StockNews.com upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 15th. DA Davidson upped their target price on shares of Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Benchmark restated a “buy” rating and issued a $200.00 target price on shares of Expedia Group in a report on Tuesday, February 4th. Baird R W upgraded shares of Expedia Group to a “strong-buy” rating in a research note on Wednesday, November 27th. Finally, UBS Group reiterated a “neutral” rating on shares of Expedia Group in a research note on Tuesday, February 4th.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 5,000 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the completion of the transaction, the insider now directly owns 74,502 shares in the company, valued at $15,325,061.40. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the transaction, the director now owns 158,505 shares of the company’s stock, valued at $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,000 shares of company stock worth $4,577,900. Corporate insiders own 6.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Minot DeBlois Advisors LLC purchased a new position in shares of Expedia Group during the 4th quarter valued at $27,000. SRH Advisors LLC purchased a new position in shares of Expedia Group during the 4th quarter valued at $28,000. Sava Infond d.o.o. purchased a new position in shares of Expedia Group during the 4th quarter valued at $28,000. Grove Bank & Trust grew its position in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after purchasing an additional 142 shares in the last quarter. Finally, Prudent Man Investment Management Inc. purchased a new position in Expedia Group in the fourth quarter worth $34,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Price Performance

EXPE stock opened at $162.11 on Friday. The stock has a market capitalization of $20.89 billion, a PE ratio of 17.91, a price-to-earnings-growth ratio of 0.92 and a beta of 1.83. The company’s 50-day moving average is $184.92 and its 200-day moving average is $171.90. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. Expedia Group has a 1 year low of $107.25 and a 1 year high of $207.73.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. Equities research analysts expect that Expedia Group will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.99%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.34. The ex-dividend date is Thursday, March 6th. Expedia Group’s payout ratio is currently 17.68%.

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.