Expedia Group - EXPE Stock Forecast, Price & News

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio include Brand Expedia, a full-service online travel brand with localized websites; Hotels.com for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, and CheapTickets travel websites; ebookers, an online EMEA travel agent for travelers an array of travel options; Hotwire, which offers travel booking services; CarRentals.com, an online car rental booking service; Classic Vacations, a luxury travel specialist; and Expedia Cruise, a provider of advice for travelers booking cruises. The company's brand portfolio also comprise Expedia Partner Solutions, a business-to-business brand that provides travel and non-travel vertical, which includes corporate travel management, airlines, travel agents, online retailers and financial institutions; and Egencia that provides corporate travel management services. In addition, its brand portfolio consists of Trivago, a hotel metasearch website, which send referrals to online travel companies and travel service providers from hotel metasearch websites; and Expedia Group Media solutions. Further, the company provides online travel services through its Wotif.com, lastminute.com.au, travel.com.au, Wotif.co.nz, and lastminute.co.nz brands; loyalty programs; hotel accommodations and alternative accommodations; and advertising and media services. It serves leisure and corporate travelers. The company was formerly known as Expedia, Inc. and changed its name to Expedia Group, Inc. in March 2018. Expedia Group, Inc. was founded in 1996 and is headquartered in Seattle, Washington.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Barclays lifted their target price on Expedia Group from $157.00 to $161.00 and gave the stock an "overweight" rating in a report on Friday. Deutsche Bank Aktiengesellschaft lowered their target price on Expedia Group from $235.00 to $130.00 and set a "buy" rating for the company in a report on Monday, August 1st. Piper Sandler lowered their target price on Expedia Group from $225.00 to $155.00 and set an "overweight" rating for the company in a report on Tuesday, June 28th. BTIG Research lowered their target price on Expedia Group from $235.00 to $150.00 and set a "buy" rating for the company in a report on Wednesday, June 15th. Finally, Redburn Partners upgraded Expedia Group from a "neutral" rating to a "buy" rating in a report on Wednesday, May 18th. Fourteen research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, Expedia Group currently has an average rating of "Hold" and a consensus target price of $181.12.

Expedia Group Stock Up 2.8 %

Shares of NASDAQ:EXPE traded up $2.86 during mid-day trading on Monday, hitting $105.38. 3,843,632 shares of the company traded hands, compared to its average volume of 3,287,068. The stock has a market cap of $16.55 billion, a P/E ratio of 52.43, a P/E/G ratio of 1.66 and a beta of 1.60. The company has a current ratio of 0.85, a quick ratio of 0.89 and a debt-to-equity ratio of 1.99. Expedia Group has a 12-month low of $88.70 and a 12-month high of $217.72. The stock has a 50-day moving average price of $104.27 and a two-hundred day moving average price of $150.31.

Expedia Group (NASDAQ:EXPE - Get Rating) last posted its quarterly earnings data on Thursday, August 4th. The online travel company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.39. Expedia Group had a return on equity of 22.14% and a net margin of 4.26%. The business had revenue of $3.18 billion for the quarter, compared to analysts' expectations of $2.99 billion. During the same quarter in the previous year, the firm earned ($1.77) earnings per share. The business's revenue was up 50.7% on a year-over-year basis. On average, equities research analysts forecast that Expedia Group will post 4.42 earnings per share for the current year.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 376 shares of the business's stock in a transaction on Monday, May 16th. The stock was sold at an average price of $124.12, for a total value of $46,669.12. Following the transaction, the chief accounting officer now owns 8,949 shares of the company's stock, valued at $1,110,749.88. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 5.00% of the company's stock.