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 equities research analysts recently issued reports on the stock. JMP Securities reiterated a "mkt perform" rating on shares of Expedia Group in a research note on Wednesday, June 22nd. Citigroup cut their price objective on shares of Expedia Group from $200.00 to $118.00 and set a "neutral" rating for the company in a research report on Thursday, June 16th. JPMorgan Chase & Co. dropped their price target on shares of Expedia Group from $206.00 to $125.00 and set a "neutral" rating for the company in a research report on Wednesday, June 29th. Benchmark lifted their price target on shares of Expedia Group from $265.00 to $275.00 in a research report on Tuesday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Expedia Group from $235.00 to $130.00 and set a "buy" rating on the stock in a research note on Monday, August 1st. Fourteen research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, Expedia Group currently has a consensus rating of "Hold" and a consensus price target of $172.88.

Expedia Group Price Performance

EXPE traded up $2.84 on Friday, hitting $112.97. 125,182 shares of the company's stock were exchanged, compared to its average volume of 2,940,458. Expedia Group has a fifty-two week low of $88.70 and a fifty-two week high of $217.72. The company has a current ratio of 0.85, a quick ratio of 0.89 and a debt-to-equity ratio of 1.99. The firm has a 50-day moving average price of $102.93 and a 200-day moving average price of $149.28. The stock has a market cap of $17.75 billion, a price-to-earnings ratio of 55.81, a P/E/G ratio of 1.58 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 earnings per share for the quarter, beating 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 company had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the previous year, the company posted ($1.77) EPS. Expedia Group's revenue was up 50.7% compared to the same quarter last year. As a group, equities analysts anticipate that Expedia Group will post 4.94 earnings per share for the current year.

Insider Transactions at Expedia Group

In related news, CAO Lance A. Soliday sold 376 shares of the stock in a transaction on Monday, May 16th. The stock was sold at an average price of $124.12, for a total transaction of $46,669.12. Following the sale, 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 filing with the SEC, which can be accessed through this hyperlink. Company insiders own 5.00% of the company's stock.