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.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Royal Bank of Canada cut their price target on Expedia Group from $200.00 to $185.00 in a research note on Tuesday, May 3rd. JPMorgan Chase & Co. dropped their price target on shares of Expedia Group from $206.00 to $125.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 29th. Benchmark upped their price objective on shares of Expedia Group from $265.00 to $275.00 in a research report on Tuesday, May 3rd. UBS Group dropped their target price on shares of Expedia Group from $183.00 to $108.00 and set a "neutral" rating on the stock in a research report on Monday, August 1st. Finally, Mizuho cut their target price on shares of Expedia Group from $172.00 to $132.00 and set a "neutral" rating for the company in a research note on Friday, August 5th. Fourteen equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $172.88.

Expedia Group Trading Up 3.5 %

EXPE traded up $3.99 on Tuesday, hitting $117.16. The company had a trading volume of 3,461,576 shares, compared to its average volume of 3,270,735. The company's fifty day moving average price is $102.16 and its 200 day moving average price is $148.07. Expedia Group has a 1 year low of $88.70 and a 1 year high of $217.72. 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 $18.41 billion, a P/E ratio of 56.30, a PEG ratio of 1.64 and a beta of 1.60.

Expedia Group (NASDAQ:EXPE - Get Rating) last announced its quarterly earnings results on Thursday, August 4th. The online travel company reported $1.96 earnings per share 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 business had revenue of $3.18 billion during the quarter, compared to analysts' expectations of $2.99 billion. During the same period last year, the business earned ($1.77) earnings per share. The business's revenue for the quarter was up 50.7% on a year-over-year basis. As a group, equities analysts expect that Expedia Group will post 4.94 earnings per share for the current year.