Expedia Group, Inc. (NASDAQ:EXPE) Given Consensus Recommendation of "Hold" by Brokerages

Shares of Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) have been assigned a consensus recommendation of "Hold" from the thirty-one research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, seventeen have assigned a hold recommendation, ten have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $186.35.

A number of analysts recently commented on EXPE shares. HSBC upgraded Expedia Group from a "hold" rating to a "buy" rating and set a $215.00 price objective for the company in a research report on Friday, February 7th. Hsbc Global Res upgraded shares of Expedia Group from a "hold" rating to a "strong-buy" rating in a report on Friday, February 7th. Wells Fargo & Company boosted their price objective on shares of Expedia Group from $143.00 to $149.00 and gave the company an "equal weight" rating in a research note on Friday, May 9th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $170.00 target price on shares of Expedia Group in a report on Thursday, May 15th. Finally, Susquehanna lowered their price target on Expedia Group from $205.00 to $175.00 and set a "neutral" rating for the company in a research report on Monday, May 12th.

Expedia Group Price Performance

EXPE stock traded down $2.04 during trading on Wednesday, reaching $165.65. 1,663,966 shares of the company were exchanged, compared to its average volume of 1,934,237. Expedia Group has a 52-week low of $109.03 and a 52-week high of $207.73. 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 market cap of $21.06 billion, a P/E ratio of 18.30, a PEG ratio of 0.92 and a beta of 1.62. The stock's 50 day moving average price is $159.79 and its 200 day moving average price is $175.72.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.02). The firm 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 business's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.21 earnings per share. As a group, analysts predict that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 29th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, May 29th. Expedia Group's dividend payout ratio (DPR) is presently 18.87%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank acquired a new stake in Expedia Group in the fourth quarter valued at approximately $670,565,000. Nuveen LLC bought a new position in shares of Expedia Group in the first quarter worth approximately $227,174,000. Los Angeles Capital Management LLC raised its position in shares of Expedia Group by 3,369.4% during the 1st 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 in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Expedia Group by 174.0% during the 1st 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 bought a new position in shares of Expedia Group during the 1st quarter valued at about $82,975,000. 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.