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 Analyst Weigh In

A number of equities research analysts recently issued reports on EXPE shares. Atlantic Securities decreased their price objective on shares of Expedia Group to $125.00 in a report on Tuesday, August 9th. Truist Financial decreased their price target on shares of Expedia Group from $240.00 to $185.00 and set a "buy" rating for the company in a report on Thursday, July 14th. UBS Group decreased their price target on shares of Expedia Group from $183.00 to $108.00 and set a "neutral" rating for the company in a report on Monday, August 1st. Susquehanna Bancshares decreased their price target on shares of Expedia Group from $145.00 to $115.00 and set a "neutral" rating for the company in a report on Friday. Finally, Stifel Nicolaus restated a "hold" rating and set a $205.00 price target on shares of Expedia Group in a report on Tuesday, May 3rd. Fourteen investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $172.88.

Expedia Group Price Performance

EXPE opened at $113.17 on Tuesday. Expedia Group has a one year low of $88.70 and a one year high of $217.72. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.85 and a quick ratio of 0.85. The company's 50 day simple moving average is $102.57 and its 200-day simple moving average is $148.50. The stock has a market capitalization of $17.78 billion, a P/E ratio of 56.47, a price-to-earnings-growth ratio of 1.64 and a beta of 1.60.

Expedia Group (NASDAQ:EXPE - Get Rating) last announced its quarterly earnings data on Thursday, August 4th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.39. Expedia Group had a net margin of 4.26% and a return on equity of 22.14%. The firm had revenue of $3.18 billion for the quarter, compared to analysts' expectations of $2.99 billion. During the same period last year, the firm earned ($1.77) earnings per share. The business's revenue for the quarter was up 50.7% on a year-over-year basis. Sell-side analysts anticipate that Expedia Group will post 4.94 earnings per share for the current fiscal year.