Expedia Group (NASDAQ:EXPE) Shares Pass Above Fifty Day Moving Average of $127.33

Expedia Group Inc (NASDAQ:EXPE) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $127.33 and traded as high as $135.94. Expedia Group shares last traded at $135.33, with a volume of 29,538 shares trading hands.

A number of equities analysts have weighed in on the stock. ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Argus lowered shares of Expedia Group from a “buy” rating to a “hold” rating in a report on Wednesday, May 22nd. Barclays lifted their price target on shares of WEX from $222.00 to $238.00 and gave the company an “overweight” rating in a report on Monday, May 6th. Citigroup lowered shares of Barrick Gold to a “neutral” rating in a report on Thursday, May 23rd. Finally, Piper Jaffray Companies lifted their price target on shares of Marvell Technology Group from $22.00 to $30.00 and gave the company an “overweight” rating in a report on Friday, May 3rd. Twelve equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $146.32.

The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.74. The stock has a market cap of $19.83 billion, a PE ratio of 28.35, a price-to-earnings-growth ratio of 1.91 and a beta of 1.08. The business has a fifty day simple moving average of $127.73.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 2nd. The online travel company reported ($0.27) EPS for the quarter, topping analysts’ consensus estimates of ($0.61) by $0.34. Expedia Group had a net margin of 3.89% and a return on equity of 13.41%. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.69 billion. During the same quarter in the previous year, the business posted ($0.36) EPS. The firm’s revenue was up 4.0% compared to the same quarter last year. On average, research analysts anticipate that Expedia Group Inc will post 5.75 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. North Star Investment Management Corp. bought a new stake in shares of Expedia Group in the 1st quarter worth about $25,000. Liberty Wealth Management LLC bought a new stake in shares of Expedia Group in the 4th quarter worth about $32,000. Shine Investment Advisory Services Inc. increased its position in shares of Expedia Group by 50.7% in the 1st quarter. Shine Investment Advisory Services Inc. now owns 345 shares of the online travel company’s stock worth $41,000 after purchasing an additional 116 shares during the last quarter. Private Capital Group LLC increased its position in shares of Expedia Group by 788.6% in the 1st quarter. Private Capital Group LLC now owns 391 shares of the online travel company’s stock worth $47,000 after purchasing an additional 347 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in shares of Expedia Group by 95.2% in the 1st quarter. Parallel Advisors LLC now owns 406 shares of the online travel company’s stock worth $48,000 after purchasing an additional 198 shares during the last quarter. 81.95% of the stock is owned by institutional investors.

About Expedia Group (NASDAQ:EXPE)

Expedia Group, Inc, together with its subsidiaries, operates as an online travel company in the United States and internationally. It operates through Core OTA, Trivago, HomeAway, and Egencia segments. The company facilitates the booking of hotel rooms, alternative accommodations, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

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