Expedia Group (NASDAQ:EXPE) Stock Price Expected to Rise, Citigroup Analyst Says

Expedia Group (NASDAQ:EXPE) had its price objective increased by equities researchers at Citigroup from $200.00 to $217.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the online travel company’s stock. Citigroup’s price target points to a potential upside of 7.10% from the company’s previous close.

Other analysts also recently issued reports about the company. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $210.00 target price (up from $180.00) on shares of Expedia Group in a research note on Friday, February 7th. Susquehanna raised their price objective on shares of Expedia Group from $190.00 to $205.00 and gave the stock a “neutral” rating in a research report on Monday. Wedbush reiterated a “neutral” rating and issued a $215.00 target price (up from $180.00) on shares of Expedia Group in a report on Friday, February 7th. BTIG Research lifted their price target on shares of Expedia Group from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Finally, Bank of America upgraded Expedia Group from a “neutral” rating to a “buy” rating and upped their price objective for the company from $187.00 to $221.00 in a report on Wednesday, December 18th. Nineteen analysts have rated the stock with a hold rating, twelve have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $192.64.

Expedia Group Price Performance

Expedia Group stock opened at $202.61 on Tuesday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.73 and a current ratio of 0.73. The company’s fifty day moving average price is $183.05 and its 200 day moving average price is $161.87. The stock has a market capitalization of $26.00 billion, a P/E ratio of 22.39, a P/E/G ratio of 0.82 and a beta of 1.82. Expedia Group has a 1 year low of $107.25 and a 1 year high of $207.73.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, February 6th. The online travel company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.22). Expedia Group had a net margin of 9.01% and a return on equity of 55.42%. As a group, equities research analysts anticipate that Expedia Group will post 10.75 earnings per share for the current fiscal year.

Insider Transactions at Expedia Group

In other news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $180.00, for a total transaction of $351,180.00. Following the completion of the transaction, the insider now directly owns 85,250 shares of the company’s stock, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dara Khosrowshahi sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $169.79, for a total transaction of $1,697,900.00. Following the transaction, the director now owns 158,505 shares of the company’s stock, valued at approximately $26,912,563.95. This represents a 5.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,951 shares of company stock worth $3,900,580 over the last three months. 6.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Expedia Group

A number of institutional investors and hedge funds have recently bought and sold shares of EXPE. Caprock Group LLC raised its position in shares of Expedia Group by 33.7% during the third quarter. Caprock Group LLC now owns 10,191 shares of the online travel company’s stock worth $1,508,000 after acquiring an additional 2,569 shares during the last quarter. Teamwork Financial Advisors LLC acquired a new stake in Expedia Group in the fourth quarter worth about $1,791,000. Cozad Asset Management Inc. raised its holdings in Expedia Group by 16.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 30,823 shares of the online travel company’s stock worth $4,562,000 after purchasing an additional 4,449 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Expedia Group by 13.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 649,716 shares of the online travel company’s stock valued at $96,171,000 after purchasing an additional 75,120 shares during the last quarter. Finally, Integrated Investment Consultants LLC bought a new position in shares of Expedia Group in the 3rd quarter valued at about $527,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.