UBS Group Lowers Expedia Group (NASDAQ:EXPE) Price Target to $170.00

Expedia Group (NASDAQ:EXPE - Get Free Report) had its target price decreased by equities researchers at UBS Group from $194.00 to $170.00 in a report released on Monday,Benzinga reports. The firm currently has a "neutral" rating on the online travel company's stock. UBS Group's price objective would indicate a potential upside of 5.43% from the stock's current price.

Several other research firms have also recently commented on EXPE. JPMorgan Chase & Co. cut their price objective on shares of Expedia Group from $205.00 to $170.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Oppenheimer cut their price target on Expedia Group from $235.00 to $230.00 and set an "outperform" rating on the stock in a report on Monday, March 17th. Wells Fargo & Company set a $143.00 price objective on Expedia Group and gave the stock an "equal weight" rating in a report on Monday, April 7th. Morgan Stanley cut their target price on Expedia Group from $190.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 17th. Finally, Barclays raised their price target on shares of Expedia Group from $166.00 to $187.00 and gave the stock an "equal weight" rating in a research note on Friday, February 7th. Nineteen equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and four have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $191.89.

Expedia Group Trading Up 0.7 %

EXPE stock traded up $1.13 during midday trading on Monday, hitting $161.24. 1,470,888 shares of the company's stock were exchanged, compared to its average volume of 2,009,843. Expedia Group has a one year low of $107.25 and a one year 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 $20.78 billion, a PE ratio of 17.82, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. The stock's fifty day moving average price is $168.91 and its 200-day moving average price is $175.46.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. Research analysts predict that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Dara Khosrowshahi sold 10,000 shares of the firm's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the completion of the transaction, the director now owns 158,505 shares of the company's stock, valued at approximately $26,912,563.95. This trade represents a 5.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of the business's stock in a transaction on 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 completion of the sale, the insider now directly owns 74,502 shares in the company, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. 6.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Expedia Group

A number of institutional investors have recently made changes to their positions in EXPE. Minot DeBlois Advisors LLC bought a new stake in Expedia Group in the fourth quarter valued at approximately $27,000. SRH Advisors LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth $28,000. Sava Infond d.o.o. bought a new position in Expedia Group during the fourth quarter worth $28,000. Grove Bank & Trust lifted its holdings in Expedia Group by 676.2% in the fourth quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after buying an additional 142 shares during the period. Finally, Prudent Man Investment Management Inc. bought a new stake in Expedia Group during the fourth quarter valued at $34,000. Institutional investors own 90.76% of the company's stock.

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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