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

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

A number of other equities analysts also recently weighed in on EXPE. StockNews.com raised shares of Expedia Group from a hold rating to a buy rating in a research note on Wednesday, February 14th. Piper Sandler downgraded Expedia Group from an overweight rating to a neutral rating and decreased their price objective for the stock from $175.00 to $145.00 in a research note on Friday, May 3rd. The Goldman Sachs Group boosted their price target on Expedia Group from $155.00 to $190.00 and gave the stock a buy rating in a report on Friday, January 19th. Evercore ISI reduced their price objective on Expedia Group from $190.00 to $175.00 and set an outperform rating on the stock in a research note on Friday, May 3rd. Finally, Benchmark reiterated a buy rating and set a $180.00 price objective on shares of Expedia Group in a research report on Friday, May 3rd. Sixteen research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Hold and a consensus target price of $149.12.

Expedia Group Trading Down 1.2 %

NASDAQ EXPE opened at $111.54 on Monday. The stock has a market cap of $15.20 billion, a P/E ratio of 20.89, a price-to-earnings-growth ratio of 0.35 and a beta of 1.83. The stock has a 50 day simple moving average of $132.97 and a two-hundred day simple moving average of $135.73. Expedia Group has a fifty-two week low of $88.81 and a fifty-two week high of $160.05. 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 posted its quarterly earnings data on Thursday, February 8th. The online travel company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.10. Expedia Group had a return on equity of 41.63% and a net margin of 6.18%. The business had revenue of $2.89 billion during the quarter, compared to the consensus estimate of $2.88 billion. On average, analysts forecast that Expedia Group will post 9.7 earnings per share for the current year.

Insider Activity

In other news, CAO Lance A. Soliday sold 5,119 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were 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 approximately $1,492,844.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 8.07% of the company’s stock.

Institutional Trading of Expedia Group

A number of institutional investors have recently bought and sold shares of EXPE. Cambridge Investment Research Advisors Inc. increased its stake in shares of Expedia Group by 35.2% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 17,303 shares of the online travel company’s stock worth $1,783,000 after acquiring an additional 4,505 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in Expedia Group by 3.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 80,635 shares of the online travel company’s stock worth $8,311,000 after buying an additional 2,390 shares during the last quarter. Brown Advisory Inc. increased its position in shares of Expedia Group by 105.2% during the third quarter. Brown Advisory Inc. now owns 33,257 shares of the online travel company’s stock worth $3,428,000 after purchasing an additional 17,050 shares in the last quarter. New York State Teachers Retirement System raised its stake in Expedia Group by 4.5% in the 3rd quarter. New York State Teachers Retirement System now owns 156,652 shares of the online travel company’s stock valued at $16,146,000 after purchasing an additional 6,693 shares during the last quarter. Finally, Brighton Jones LLC purchased a new position in Expedia Group in the 3rd quarter valued at $224,000. 90.76% of the stock is currently 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.