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

Several research firms have issued reports on EXPE. Barclays increased their price objective on Expedia Group from $157.00 to $161.00 and gave the stock an "overweight" rating in a research report on Friday. JMP Securities restated a "mkt perform" rating on shares of Expedia Group in a research report on Wednesday, June 22nd. UBS Group dropped their price target on Expedia Group from $183.00 to $108.00 and set a "neutral" rating for the company in a research report on Monday, August 1st. Ascendiant Capital Markets set a $202.00 price objective on Expedia Group in a research note on Monday, June 20th. Finally, Citigroup decreased their price objective on Expedia Group from $200.00 to $118.00 and set a "neutral" rating on the stock in a research note on Thursday, June 16th. Fourteen equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, Expedia Group presently has an average rating of "Hold" and an average price target of $181.12.

Expedia Group Trading Up 0.3 %

EXPE opened at $102.52 on Monday. The stock has a market capitalization of $16.11 billion, a PE ratio of 51.00, a P/E/G ratio of 1.66 and a beta of 1.60. The firm's fifty day moving average price is $104.78 and its 200 day moving average price is $150.80. The company has a debt-to-equity ratio of 2.16, a current ratio of 0.89 and a quick ratio of 0.89. Expedia Group has a 12-month low of $88.70 and a 12-month high of $217.72.

Expedia Group (NASDAQ:EXPE - Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.39. The firm had revenue of $3.18 billion for 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 22.11%. The firm's quarterly revenue was up 50.7% on a year-over-year basis. During the same period in the prior year, the company posted ($1.77) earnings per share. As a group, research analysts expect that Expedia Group will post 4.42 EPS for the current fiscal year.

Insider Activity at Expedia Group

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 shares were sold at an average price of $124.12, for a total transaction of $46,669.12. Following the completion of the sale, the chief accounting officer now owns 8,949 shares in the company, 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. 5.00% of the stock is currently owned by corporate insiders.