Expedia Group (NASDAQ:EXPE) Price Target Raised to $285.00 at Jefferies Financial Group

Expedia Group (NASDAQ:EXPE) had its price target upped by equities research analysts at Jefferies Financial Group from $270.00 to $285.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The firm currently has a “hold” rating on the online travel company’s stock. Jefferies Financial Group’s target price suggests a potential upside of 1.73% from the company’s current price.

A number of other research firms have also commented on EXPE. UBS Group raised their price target on Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. TD Cowen increased their target price on Expedia Group from $220.00 to $256.00 in a research note on Friday, November 7th. The Goldman Sachs Group lifted their price target on shares of Expedia Group from $253.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Argus upped their price target on shares of Expedia Group from $265.00 to $300.00 and gave the company a “buy” rating in a report on Monday, November 10th. Finally, Mizuho increased their price objective on shares of Expedia Group from $240.00 to $270.00 and gave the stock a “neutral” rating in a research report on Friday, November 14th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and twenty-five have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $265.78.

Expedia Group Stock Performance

Shares of EXPE stock opened at $280.15 on Thursday. The stock has a market cap of $34.33 billion, a PE ratio of 26.64, a price-to-earnings-growth ratio of 1.18 and a beta of 1.44. The stock has a 50-day moving average of $237.29 and a 200-day moving average of $207.62. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. Expedia Group has a one year low of $130.01 and a one year high of $279.61.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $7.10 by $0.47. The company had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period last year, the business posted $6.13 earnings per share. As a group, sell-side analysts expect that Expedia Group will post 12.28 earnings per share for the current year.

Insider Buying and Selling at Expedia Group

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $258.00, for a total value of $258,000.00. Following the completion of the transaction, the director owned 2,916 shares in the company, valued at $752,328. This trade represents a 25.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Lance A. Soliday sold 849 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $248.08, for a total value of $210,619.92. Following the sale, the chief accounting officer owned 11,662 shares in the company, valued at $2,893,108.96. The trade was a 6.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 4,849 shares of company stock worth $1,283,270. Insiders own 9.13% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EXPE. Allworth Financial LP boosted its holdings in shares of Expedia Group by 112.7% in the 3rd quarter. Allworth Financial LP now owns 2,463 shares of the online travel company’s stock valued at $527,000 after buying an additional 1,305 shares during the last quarter. IFP Advisors Inc lifted its stake in Expedia Group by 102.0% in the third quarter. IFP Advisors Inc now owns 6,937 shares of the online travel company’s stock valued at $1,483,000 after acquiring an additional 3,503 shares during the last quarter. Swiss Life Asset Management Ltd lifted its stake in Expedia Group by 48.6% in the third quarter. Swiss Life Asset Management Ltd now owns 43,222 shares of the online travel company’s stock valued at $9,239,000 after acquiring an additional 14,143 shares during the last quarter. Investment Research Partners LLC bought a new position in shares of Expedia Group in the 3rd quarter valued at about $340,000. Finally, Cambria Investment Management L.P. increased its stake in shares of Expedia Group by 6.2% during the 3rd quarter. Cambria Investment Management L.P. now owns 1,701 shares of the online travel company’s stock worth $364,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

About Expedia Group

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.