Expedia Group Inc (NASDAQ:EXPE) Director Jon T. Gieselman bought 2,393 shares of Expedia Group stock in a transaction that occurred on Thursday, December 5th. The stock was bought at an average price of $105.68 per share, with a total value of $252,892.24.
NASDAQ:EXPE opened at $107.58 on Friday. The stock has a market cap of $15.59 billion, a P/E ratio of 22.37, a PEG ratio of 1.61 and a beta of 0.99. Expedia Group Inc has a one year low of $93.53 and a one year high of $144.00. The company has a fifty day moving average price of $114.87 and a 200 day moving average price of $126.06. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.75 and a quick ratio of 0.75.
Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Wednesday, November 6th. The online travel company reported $3.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.18). The company had revenue of $3.37 billion during the quarter, compared to analyst estimates of $3.57 billion. Expedia Group had a return on equity of 13.45% and a net margin of 4.26%. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.65 earnings per share. As a group, equities research analysts anticipate that Expedia Group Inc will post 5.04 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Tuesday, November 19th will be given a $0.34 dividend. The ex-dividend date is Monday, November 18th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.26%. Expedia Group’s dividend payout ratio is 28.27%.
A number of equities research analysts have issued reports on EXPE shares. Needham & Company LLC reiterated a “hold” rating on shares of Expedia Group in a report on Thursday. Wells Fargo & Co lowered shares of Expedia Group from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. SunTrust Banks restated a “buy” rating and issued a $172.00 price objective on shares of Expedia Group in a research note on Thursday, November 21st. Oppenheimer downgraded shares of Expedia Group from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $160.00 to $110.00 in a report on Monday, November 11th. Finally, Bank of America lowered shares of Expedia Group from a “buy” rating to a “neutral” rating in a research note on Thursday, November 7th. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and eleven have given a buy rating to the stock. Expedia Group presently has an average rating of “Hold” and an average price target of $139.46.
A number of hedge funds and other institutional investors have recently modified their holdings of EXPE. Lenox Wealth Advisors LLC increased its position in shares of Expedia Group by 113.3% in the 3rd quarter. Lenox Wealth Advisors LLC now owns 192 shares of the online travel company’s stock valued at $26,000 after buying an additional 102 shares in the last quarter. WealthStone Inc. acquired a new stake in Expedia Group during the 2nd quarter worth $27,000. FNY Investment Advisers LLC acquired a new stake in Expedia Group during the 2nd quarter worth $28,000. Signaturefd LLC raised its stake in Expedia Group by 75.8% during the 3rd quarter. Signaturefd LLC now owns 276 shares of the online travel company’s stock worth $37,000 after buying an additional 119 shares during the period. Finally, Steward Partners Investment Advisory LLC bought a new position in Expedia Group during the second quarter worth about $41,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.
About Expedia Group
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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