In a report released on September 29, Jake Fuller from BTIG maintained a Buy rating on Expedia (EXPE – Research Report), with a price target of $150.00. The company’s shares closed yesterday at $93.69.
Fuller covers the Services sector, focusing on stocks such as Booking Holdings, Expedia, and TripAdvisor. According to TipRanks, Fuller has an average return of 3.4% and a 47.42% success rate on recommended stocks.
Expedia has an analyst consensus of Moderate Buy, with a price target consensus of $141.59.
Based on Expedia’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.18 billion and a GAAP net loss of $185 million. In comparison, last year the company earned a revenue of $2.11 billion and had a GAAP net loss of $172 million
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EXPE in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Expedia Group, Inc. is an online travel company, which engages in the provision of travel products and services to leisure and corporate travellers. It operates through the following business segments: Core Online Travel Agency(OTA), Trivago, Vrbo, and Egencia. The Core OTA segment offers full range of travel and advertising services to worldwide customers through a variety of brands including: Expedia.com and Hotels.com. The Trivago segment involves in sending referrals to online travel companies and travel service providers from its hotel metasearch websites. The Vrbo segment operates an online marketplace for the alternative accommodations industry. The Egencia segment manages travel services to corporate customers worldwide. The company was founded in 1994 and is headquartered in Seattle, WA.
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