Expedia Group (NASDAQ:EXPE) Price Target Raised to $182.00 at UBS Group

Key Points

• UBS Group has increased its price target for Expedia Group from $166.00 to $182.00, maintaining a "neutral" rating, indicating a potential downside of 2.76% from the previous close.
• In addition to UBS, other analysts have varied opinions, with Morgan Stanley raising their target to $165.00 and Truist Financial lowering theirs to $168.00, leading to a consensus rating of "Moderate Buy."
• Expedia Group's stock recently traded at $187.16, and the company reported a net margin of 8.48% and a return on equity of 52.60% for its last quarter.

Expedia Group (NASDAQ:EXPE - Get Free Report) had its price objective upped by analysts at UBS Group from $166.00 to $182.00 in a research note issued on Monday,Benzinga reports. The firm currently has a "neutral" rating on the online travel company's stock. UBS Group's target price points to a potential downside of 2.76% from the company's previous close.

Other equities research analysts have also recently issued research reports about the company. Morgan Stanley upped their price target on Expedia Group from $150.00 to $165.00 and gave the stock an "equal weight" rating in a report on Monday, July 21st. Truist Financial lowered their target price on Expedia Group from $175.00 to $168.00 and set a "hold" rating on the stock in a report on Tuesday, June 24th. Piper Sandler cut Expedia Group from a "neutral" rating to an "underweight" rating and lowered their target price for the company from $174.00 to $135.00 in a report on Friday, May 9th. Cantor Fitzgerald reiterated a "neutral" rating and set a $200.00 target price on shares of Expedia Group in a report on Wednesday, July 23rd. Finally, Benchmark reiterated a "buy" rating on shares of Expedia Group in a report on Wednesday, July 23rd. One investment analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eleven have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $189.38.

Expedia Group Stock Performance

NASDAQ EXPE traded down $0.18 on Monday, hitting $187.16. 1,302,183 shares of the company's stock were exchanged, compared to its average volume of 2,098,819. The firm has a market cap of $23.79 billion, a price-to-earnings ratio of 22.07, a P/E/G ratio of 0.90 and a beta of 1.57. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.73. The firm's 50-day moving average price is $172.39 and its two-hundred day moving average price is $172.55. Expedia Group has a fifty-two week low of $110.20 and a fifty-two week high of $207.73.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $2.99 billion during the quarter, compared to analyst estimates of $3.02 billion. Expedia Group had a return on equity of 52.60% and a net margin of 8.48%. The business's revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.21 EPS. On average, research analysts expect that Expedia Group will post 12.28 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Minot DeBlois Advisors LLC acquired a new stake in shares of Expedia Group during the fourth quarter valued at about $27,000. McClarren Financial Advisors Inc. acquired a new stake in shares of Expedia Group during the first quarter valued at about $28,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Expedia Group during the first quarter valued at about $28,000. GFG Capital LLC acquired a new stake in shares of Expedia Group during the second quarter valued at about $29,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of Expedia Group during the second quarter valued at about $31,000. 90.76% of the stock is owned by hedge funds and other 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.

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