Expedia Group (NASDAQ:EXPE) Given New $108.00 Price Target at UBS Group

Expedia Group (NASDAQ:EXPEGet Rating) had its price target reduced by UBS Group from $183.00 to $108.00 in a research report released on Monday morning, Stock Target Advisor reports. UBS Group currently has a neutral rating on the online travel company’s stock.

A number of other analysts have also issued reports on the stock. Citigroup dropped their price target on shares of Expedia Group from $200.00 to $118.00 and set a neutral rating for the company in a research note on Thursday, June 16th. Credit Suisse Group lowered their target price on shares of Expedia Group from $231.00 to $225.00 in a research note on Tuesday, May 3rd. JMP Securities reiterated a mkt perform rating on shares of Expedia Group in a research note on Wednesday, June 22nd. Barclays boosted their target price on shares of Expedia Group from $226.00 to $229.00 in a research note on Tuesday, May 3rd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Expedia Group from $206.00 to $125.00 and set a neutral rating for the company in a research note on Wednesday, June 29th. Fourteen research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of Hold and an average target price of $184.63.

Expedia Group Trading Down 3.1 %

EXPE opened at $102.79 on Monday. The firm has a market capitalization of $16.15 billion, a P/E ratio of 88.61, a P/E/G ratio of 1.69 and a beta of 1.60. The firm’s 50 day moving average is $106.53 and its 200-day moving average is $152.92. Expedia Group has a 52-week low of $88.70 and a 52-week high of $217.72. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.16.

Expedia Group (NASDAQ:EXPEGet Rating) last issued its quarterly earnings results on Monday, May 2nd. The online travel company reported ($0.93) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.69) by ($0.24). The company had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.27 billion. Expedia Group had a return on equity of 11.93% and a net margin of 4.87%. During the same quarter last year, the firm posted ($2.59) EPS. Analysts expect that Expedia Group will post 4.49 EPS for the current fiscal year.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 376 shares of the company’s stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $124.12, for a total value of $46,669.12. Following the completion of the sale, the chief accounting officer now directly owns 8,949 shares of the company’s stock, valued at approximately $1,110,749.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.00% of the stock is owned by corporate insiders.

Institutional Trading of Expedia Group

Several institutional investors and hedge funds have recently bought and sold shares of EXPE. MCF Advisors LLC acquired a new stake in Expedia Group during the 1st quarter worth about $28,000. FNY Investment Advisers LLC acquired a new stake in Expedia Group during the 1st quarter worth about $29,000. Parkside Financial Bank & Trust increased its holdings in shares of Expedia Group by 41.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the online travel company’s stock valued at $36,000 after purchasing an additional 58 shares during the period. J.W. Cole Advisors Inc. acquired a new position in shares of Expedia Group in the 1st quarter valued at about $36,000. Finally, Private Ocean LLC acquired a new position in shares of Expedia Group in the 2nd quarter valued at about $36,000. Institutional investors and hedge funds own 96.08% of the company’s stock.

Expedia Group Company Profile

(Get Rating)

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.

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Analyst Recommendations for Expedia Group (NASDAQ:EXPE)

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