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.

Expedia Group Stock Down 4.7 %

EXPE traded down $5.39 during trading hours on Friday, hitting $108.27. 22,623 shares of the company's stock were exchanged, compared to its average volume of 2,979,622. Expedia Group has a 12-month low of $88.70 and a 12-month high of $217.72. The firm has a 50 day moving average of $101.41 and a 200 day moving average of $147.13. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.99. The firm has a market cap of $17.01 billion, a P/E ratio of 56.55, a price-to-earnings-growth ratio of 1.65 and a beta of 1.60.

Expedia Group (NASDAQ:EXPE - Get Rating) last released its earnings results on Thursday, August 4th. The online travel company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.57 by $0.39. The company had revenue of $3.18 billion during the quarter, compared to analysts' expectations of $2.99 billion. Expedia Group had a net margin of 4.26% and a return on equity of 22.14%. The business's revenue was up 50.7% on a year-over-year basis. During the same quarter last year, the business earned ($1.77) EPS. Analysts predict that Expedia Group will post 4.94 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on EXPE shares. BTIG Research reduced their target price on shares of Expedia Group from $235.00 to $150.00 and set a "buy" rating on the stock in a research report on Wednesday, June 15th. Atlantic Securities lowered their price target on shares of Expedia Group to $125.00 in a research report on Tuesday, August 9th. UBS Group boosted their price target on shares of Expedia Group from $108.00 to $112.00 and gave the company a "neutral" rating in a research note on Friday. Mizuho dropped their price objective on shares of Expedia Group from $172.00 to $132.00 and set a "neutral" rating on the stock in a research report on Friday, August 5th. Finally, Barclays increased their price target on shares of Expedia Group from $157.00 to $161.00 and gave the stock an "overweight" rating in a research note on Friday, August 5th. Fourteen investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $173.04.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 636 shares of Expedia Group stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $114.04, for a total transaction of $72,529.44. Following the completion of the sale, the chief accounting officer now directly owns 8,949 shares in the company, valued at $1,020,543.96. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 5.00% of the stock is currently owned by insiders.