Expedia Group, Inc. (NASDAQ:EXPE) Receives Average Recommendation of "Hold" from Brokerages

Shares of Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) have received a consensus rating of "Hold" from the thirty-one research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seventeen have given a hold recommendation, ten have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $186.35.

A number of equities analysts have recently commented on EXPE shares. Bank of America increased their price objective on shares of Expedia Group from $205.00 to $211.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Susquehanna cut their price target on shares of Expedia Group from $205.00 to $175.00 and set a "neutral" rating for the company in a research note on Monday, May 12th. Oppenheimer reduced their price target on Expedia Group from $230.00 to $210.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Wells Fargo & Company raised their price objective on Expedia Group from $143.00 to $149.00 and gave the company an "equal weight" rating in a research report on Friday, May 9th. Finally, Wall Street Zen downgraded Expedia Group from a "strong-buy" rating to a "buy" rating in a report on Friday, May 16th.

Expedia Group Trading Up 1.5%

Shares of NASDAQ:EXPE opened at $164.88 on Friday. The company's fifty day simple moving average is $163.08 and its 200 day simple moving average is $173.94. The firm has a market cap of $20.96 billion, a price-to-earnings ratio of 19.44, a PEG ratio of 0.79 and a beta of 1.59. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.92. Expedia Group has a 12 month low of $110.20 and a 12 month high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.02 billion. Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The firm's quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.21 earnings per share. As a group, research analysts forecast that Expedia Group will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, May 29th were paid a $0.40 dividend. The ex-dividend date was Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a yield of 0.97%. Expedia Group's dividend payout ratio (DPR) is 18.87%.

Institutional Trading of Expedia Group

Several large investors have recently bought and sold shares of the business. Norges Bank bought a new stake in Expedia Group during the 4th quarter worth $670,565,000. Nuveen LLC bought a new stake in shares of Expedia Group in the 1st quarter valued at about $227,174,000. Los Angeles Capital Management LLC increased its stake in shares of Expedia Group by 3,369.4% in the first quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company's stock valued at $172,995,000 after buying an additional 999,454 shares during the period. AQR Capital Management LLC raised its position in shares of Expedia Group by 174.0% during the first quarter. AQR Capital Management LLC now owns 1,444,283 shares of the online travel company's stock worth $235,592,000 after acquiring an additional 917,192 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA acquired a new stake in Expedia Group during the 1st quarter valued at approximately $82,975,000. 90.76% of the stock is owned by institutional investors and hedge funds.

About Expedia Group

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.

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