Expedia Group (NASDAQ:EXPE) Given New $190.00 Price Target at Barclays

Expedia Group (NASDAQ:EXPE - Get Free Report) had its price objective raised by Barclays from $187.00 to $190.00 in a research note issued to investors on Friday, MarketBeat Ratings reports. The brokerage presently has an "equal weight" rating on the online travel company's stock. Barclays's target price suggests a potential upside of 21.37% from the stock's current price.

EXPE has been the subject of a number of other reports. Cantor Fitzgerald reiterated a "neutral" rating and set a $210.00 price target (up from $180.00) on shares of Expedia Group in a report on Friday, February 7th. UBS Group lowered their price target on shares of Expedia Group from $194.00 to $170.00 and set a "neutral" rating for the company in a report on Monday, April 28th. B. Riley reiterated a "buy" rating and set a $235.00 price target (up from $220.00) on shares of Expedia Group in a report on Friday, February 7th. Susquehanna upped their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a report on Monday, February 10th. Finally, Benchmark restated a "buy" rating and issued a $200.00 price objective on shares of Expedia Group in a report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have given a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $189.04.

Expedia Group Trading Down 7.4%

Shares of EXPE traded down $12.44 during mid-day trading on Friday, reaching $156.55. The company's stock had a trading volume of 6,377,474 shares, compared to its average volume of 1,934,232. The stock has a market cap of $20.17 billion, a PE ratio of 17.30, a P/E/G ratio of 0.92 and a beta of 1.62. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. Expedia Group has a 52 week low of $107.25 and a 52 week high of $207.73. The company's fifty day moving average price is $161.69 and its two-hundred day moving average price is $175.85.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced 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 company's revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.21 earnings per share. On average, analysts predict that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $205.70, for a total value of $1,028,500.00. Following the transaction, the insider now owns 74,502 shares in the company, valued at $15,325,061.40. This trade represents a 6.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Expedia Group

Hedge funds have recently made changes to their positions in the stock. Greenleaf Trust raised its stake in shares of Expedia Group by 2.5% in the 4th quarter. Greenleaf Trust now owns 2,520 shares of the online travel company's stock valued at $470,000 after acquiring an additional 61 shares during the period. UMB Bank n.a. raised its stake in shares of Expedia Group by 14.8% in the 4th quarter. UMB Bank n.a. now owns 489 shares of the online travel company's stock valued at $91,000 after acquiring an additional 63 shares during the period. Altman Advisors Inc. raised its stake in shares of Expedia Group by 0.5% in the 1st quarter. Altman Advisors Inc. now owns 13,338 shares of the online travel company's stock valued at $2,093,000 after acquiring an additional 65 shares during the period. Signet Financial Management LLC raised its stake in shares of Expedia Group by 0.3% in the 4th quarter. Signet Financial Management LLC now owns 25,499 shares of the online travel company's stock valued at $4,751,000 after acquiring an additional 74 shares during the period. Finally, Metis Global Partners LLC raised its stake in shares of Expedia Group by 1.8% in the 4th quarter. Metis Global Partners LLC now owns 4,149 shares of the online travel company's stock valued at $773,000 after acquiring an additional 74 shares during the period. Institutional investors and hedge funds 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.