Expedia Group (NASDAQ:EXPE) Releases Earnings Results

Expedia Group (NASDAQ:EXPE) posted its quarterly earnings results on Thursday. The online travel company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.22), Zacks reports. Expedia Group had a net margin of 7.97% and a return on equity of 49.25%.

Expedia Group Stock Up 1.7 %

Shares of Expedia Group stock traded up $2.84 on Thursday, hitting $172.57. 3,251,658 shares of the company’s stock traded hands, compared to its average volume of 1,687,231. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.03. The firm’s 50-day moving average is $182.31 and its 200 day moving average is $159.83. The stock has a market cap of $22.15 billion, a P/E ratio of 22.21, a PEG ratio of 0.77 and a beta of 1.82. Expedia Group has a 52-week low of $107.25 and a 52-week high of $192.34.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 1,951 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the sale, the insider now directly owns 85,250 shares in the company, valued at approximately $15,345,000. This trade represents a 2.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dara Khosrowshahi sold 10,000 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the transaction, the director now owns 168,505 shares of the company’s stock, valued at approximately $31,198,700.75. This trade represents a 5.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 28,951 shares of company stock worth $5,174,510 in the last ninety days. 6.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on EXPE shares. Wells Fargo & Company reduced their price objective on shares of Expedia Group from $172.00 to $168.00 and set an “equal weight” rating for the company in a research report on Thursday, January 16th. Argus upped their price target on Expedia Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Melius Research upgraded shares of Expedia Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Susquehanna boosted their target price on shares of Expedia Group from $145.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, November 11th. Finally, Bank of America upgraded Expedia Group from a “neutral” rating to a “buy” rating and upped their price target for the stock from $187.00 to $221.00 in a report on Wednesday, December 18th. Twenty equities research analysts have rated the stock with a hold rating, ten have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, Expedia Group has an average rating of “Hold” and a consensus price target of $177.75.

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.