Expedia Group, Inc. (NASDAQ:EXPE) Given Average Rating of “Hold” by Brokerages

Expedia Group, Inc. (NASDAQ:EXPE) has earned an average rating of “Hold” from the thirty-one research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, seventeen have given a hold recommendation, ten have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $186.35.

Several research firms have weighed in on EXPE. Wells Fargo & Company upped their price target on Expedia Group from $143.00 to $149.00 and gave the stock an “equal weight” rating in a research note on Friday, May 9th. JMP Securities restated a “market perform” rating on shares of Expedia Group in a research report on Friday, February 7th. BMO Capital Markets upped their target price on shares of Expedia Group from $165.00 to $190.00 and gave the stock a “market perform” rating in a research report on Monday, February 10th. Oppenheimer dropped their target price on shares of Expedia Group from $230.00 to $210.00 and set an “outperform” rating for the company in a research report on Friday, May 9th. Finally, Bank of America increased their price objective on shares of Expedia Group from $205.00 to $211.00 and gave the company a “buy” rating in a report on Friday, May 9th.

Expedia Group Trading Up 0.1%

Shares of Expedia Group stock opened at $165.83 on Wednesday. The company has a market capitalization of $21.08 billion, a P/E ratio of 18.32, a P/E/G ratio of 0.92 and a beta of 1.62. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The company has a fifty day moving average of $159.32 and a 200 day moving average of $175.40. Expedia Group has a fifty-two week low of $110.20 and a fifty-two week high of $207.73.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.02). The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $3.02 billion. Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. The business’s revenue was up 3.4% on a year-over-year basis. During the same period last year, the company earned $0.21 EPS. On average, sell-side analysts anticipate that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 29th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Thursday, May 29th. Expedia Group’s payout ratio is 18.87%.

Institutional Trading of Expedia Group

A number of institutional investors have recently bought and sold shares of EXPE. Minot DeBlois Advisors LLC bought a new stake in shares of Expedia Group in the 4th quarter worth about $27,000. SRH Advisors LLC bought a new stake in shares of Expedia Group in the 4th quarter worth about $28,000. Sava Infond d.o.o. bought a new stake in Expedia Group in the fourth quarter worth about $28,000. McClarren Financial Advisors Inc. bought a new stake in Expedia Group in the first quarter worth about $28,000. Finally, Atlas Capital Advisors Inc. bought a new stake in Expedia Group in the first quarter worth about $28,000. 90.76% of the stock is currently owned by institutional investors.

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.