Oppenheimer set a $155.00 price objective on Expedia Group (NASDAQ:EXPE) in a research report report published on Tuesday, October 23rd. The brokerage currently has a buy rating on the online travel company’s stock. Oppenheimer also issued estimates for Expedia Group’s Q3 2018 earnings at $3.06 EPS, Q4 2018 earnings at $1.13 EPS, FY2018 earnings at $4.55 EPS and FY2020 earnings at $6.82 EPS.
Other research analysts have also issued reports about the company. Guggenheim restated a buy rating and issued a $160.00 price target on shares of Expedia Group in a research report on Friday, July 27th. Credit Suisse Group raised their price target on Expedia Group from $135.00 to $160.00 and gave the stock a buy rating in a research report on Friday, July 27th. Cowen set a $155.00 target price on Expedia Group and gave the stock a buy rating in a report on Friday, July 27th. DA Davidson set a $160.00 target price on Expedia Group and gave the stock a buy rating in a report on Friday, July 27th. Finally, KeyCorp lifted their target price on Expedia Group from $140.00 to $165.00 and gave the stock a buy rating in a report on Friday, July 27th. Twelve analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $147.67.
NASDAQ EXPE opened at $125.03 on Tuesday. The firm has a market capitalization of $18.88 billion, a PE ratio of 33.61, a PEG ratio of 1.71 and a beta of 1.21. Expedia Group has a 52 week low of $98.52 and a 52 week high of $139.77. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.63.
Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, October 25th. The online travel company reported $3.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.12 by $0.53. Expedia Group had a return on equity of 11.79% and a net margin of 4.04%. The company had revenue of $3.28 billion during the quarter, compared to analysts’ expectations of $3.29 billion. During the same period last year, the firm earned $2.51 EPS. As a group, equities research analysts expect that Expedia Group will post 4.5 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 6th. Investors of record on Thursday, November 15th will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date of this dividend is Wednesday, November 14th. Expedia Group’s dividend payout ratio is currently 34.41%.
Large investors have recently added to or reduced their stakes in the stock. IMA Wealth Inc. acquired a new stake in shares of Expedia Group in the second quarter valued at about $105,000. Dupont Capital Management Corp increased its position in shares of Expedia Group by 62.8% in the second quarter. Dupont Capital Management Corp now owns 1,410 shares of the online travel company’s stock valued at $169,000 after acquiring an additional 544 shares during the last quarter. Buckley Wealth Management LLC acquired a new stake in shares of Expedia Group in the third quarter valued at about $203,000. Advisor Partners LLC acquired a new stake in shares of Expedia Group in the third quarter valued at about $203,000. Finally, Hilltop Holdings Inc. acquired a new stake in shares of Expedia Group in the second quarter valued at about $206,000. 79.19% of the stock is currently owned by institutional investors and hedge funds.
Expedia Group Company Profile
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, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.
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