Susquehanna Issues Positive Forecast for Expedia Group (NASDAQ:EXPE) Stock Price

Expedia Group (NASDAQ:EXPE) had its price target lifted by analysts at Susquehanna from $190.00 to $205.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the online travel company’s stock. Susquehanna’s target price suggests a potential downside of 0.48% from the stock’s current price.

Other analysts also recently issued research reports about the company. Argus upped their price target on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Bank of America upgraded shares of Expedia Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $187.00 to $221.00 in a research note on Wednesday, December 18th. Melius raised shares of Expedia Group from a “hold” rating to a “buy” rating and set a $220.00 target price for the company in a report on Monday, January 6th. DA Davidson upped their target price on shares of Expedia Group from $190.00 to $205.00 and gave the company a “neutral” rating in a research note on Friday. Finally, UBS Group lifted their price target on shares of Expedia Group from $137.00 to $156.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Nineteen analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Expedia Group has an average rating of “Hold” and an average price target of $190.07.

Expedia Group Trading Up 1.8 %

Expedia Group stock traded up $3.62 during trading hours on Monday, reaching $205.99. The company had a trading volume of 912,097 shares, compared to its average volume of 1,972,899. The firm has a market cap of $26.44 billion, a price-to-earnings ratio of 22.76, a P/E/G ratio of 0.82 and a beta of 1.82. Expedia Group has a 12-month low of $107.25 and a 12-month high of $207.73. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The company has a 50-day moving average price of $182.42 and a 200 day moving average price of $160.81.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 55.42%. Equities analysts forecast that Expedia Group will post 10.75 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 7,000 shares of Expedia Group stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now owns 11,187 shares in the company, valued at $2,035,922.13. The trade was a 38.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the transaction, the director now owns 158,505 shares in the company, valued at $26,912,563.95. This represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 28,951 shares of company stock worth $5,174,510 in the last ninety days. 6.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in EXPE. SRH Advisors LLC acquired a new stake in Expedia Group during the fourth quarter worth about $28,000. Grove Bank & Trust boosted its position in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company’s stock valued at $30,000 after buying an additional 142 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Expedia Group by 75.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 272 shares of the online travel company’s stock worth $51,000 after purchasing an additional 117 shares during the period. Venturi Wealth Management LLC raised its holdings in Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company’s stock valued at $49,000 after acquiring an additional 291 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new stake in shares of Expedia Group during the 3rd quarter worth $51,000. 90.76% of the stock is owned by institutional investors and hedge funds.

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.