Barclays Boosts Expedia Group (NASDAQ:EXPE) Price Target to $190.00

Expedia Group (NASDAQ:EXPE - Get Free Report) had its target price upped by research analysts at Barclays from $187.00 to $190.00 in a report released on Friday, MarketBeat reports. The brokerage presently has an "equal weight" rating on the online travel company's stock. Barclays's price target indicates a potential upside of 12.28% from the stock's previous close.

Other equities research analysts have also recently issued research reports about the company. Bank of America boosted their price target on Expedia Group from $205.00 to $211.00 and gave the company a "buy" rating in a research note on Friday, May 9th. B. Riley restated a "buy" rating and issued a $235.00 price target (up from $220.00) on shares of Expedia Group in a research report on Friday, February 7th. DA Davidson boosted their price objective on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Hsbc Global Res raised Expedia Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 7th. Finally, HSBC raised shares of Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 price target for the company in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $187.88.

Expedia Group Stock Performance

NASDAQ:EXPE traded down $0.15 during trading hours on Friday, reaching $169.22. 2,065,873 shares of the stock were exchanged, compared to its average volume of 1,940,043. The company has a quick ratio of 0.72, a current 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 firm has a 50 day simple moving average of $160.92 and a 200-day simple moving average of $175.87. The stock has a market capitalization of $21.81 billion, a P/E ratio of 18.70, a P/E/G ratio of 0.92 and a beta of 1.62.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.02). The business had revenue of $2.99 billion for the quarter, compared to analyst estimates 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 last year, the firm posted $0.21 EPS. As a group, sell-side analysts forecast that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Insider Transactions at Expedia Group

In related news, insider Robert J. Dzielak sold 5,000 shares of the company's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total transaction of $1,028,500.00. Following the transaction, the insider now directly owns 74,502 shares of the company's stock, valued at $15,325,061.40. This represents a 6.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 6.80% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Minot DeBlois Advisors LLC acquired a new position in shares of Expedia Group during the 4th quarter worth approximately $27,000. SRH Advisors LLC purchased a new position in Expedia Group during the fourth quarter valued at $28,000. Sava Infond d.o.o. purchased a new stake in shares of Expedia Group during the fourth quarter worth about $28,000. Grove Bank & Trust raised 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 worth $30,000 after purchasing an additional 142 shares during the last quarter. Finally, McClarren Financial Advisors Inc. purchased a new position in Expedia Group in the 1st quarter valued at about $28,000. 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.