Fintel reports that on September 6, 2024, Truist Securities initiated coverage of Expedia Group (NasdaqGS:EXPE) with a Hold recommendation.
Analyst Price Forecast Suggests 14.83% Upside
As of August 26, 2024, the average one-year price target for Expedia Group is $151.88/share. The forecasts range from a low of $119.18 to a high of $210.00. The average price target represents an increase of 14.83% from its latest reported closing price of $132.26 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Expedia Group is 14,263MM, an increase of 7.54%. The projected annual non-GAAP EPS is 11.53.
What is the Fund Sentiment?
There are 1,588 funds or institutions reporting positions in Expedia Group. This is an decrease of 34 owner(s) or 2.10% in the last quarter. Average portfolio weight of all funds dedicated to EXPE is 0.26%, an increase of 9.78%. Total shares owned by institutions decreased in the last three months by 1.62% to 139,130K shares. 
The put/call ratio of EXPE is 1.24, indicating a bearish outlook.
What are Other Shareholders Doing?
Jpmorgan Chase holds 4,831K shares representing 3.88% ownership of the company. In its prior filing, the firm reported owning 4,852K shares , representing a decrease of 0.43%. The firm decreased its portfolio allocation in EXPE by 86.15% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 4,019K shares representing 3.22% ownership of the company. In its prior filing, the firm reported owning 4,119K shares , representing a decrease of 2.50%. The firm decreased its portfolio allocation in EXPE by 13.23% over the last quarter.
Invesco holds 3,865K shares representing 3.10% ownership of the company. In its prior filing, the firm reported owning 3,913K shares , representing a decrease of 1.24%. The firm decreased its portfolio allocation in EXPE by 92.17% over the last quarter.
Norges Bank holds 3,649K shares representing 2.93% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
ValueAct Holdings holds 3,415K shares representing 2.74% ownership of the company. No change in the last quarter.
Expedia Group Background Information
(This description is provided by the company.)
Expedia Group helps knock down the barriers to travel, making it easier, more enjoyable, more attainable and more accessible. Company is here to bring the world within reach for customers and partners around the globe. Expedia leverages its platform and technology capabilities across an extensive portfolio of businesses and brands to orchestrate the movement of people and the delivery of travel experiences on both a local and global basis. Expedia family of travel brands includes: Brand Expedia®, Hotels.com®, Expedia® Partner Solutions, Vrbo®, Egencia®, trivago®, HomeAway®, Orbitz®, Travelocity®, Hotwire®, Wotif®, ebookers®, CheapTickets®, Expedia Group™ Media Solutions, Expedia Local Expert®, CarRentals.com™, Expedia® CruiseShipCenters®, Classic Vacations®, Traveldoo®, VacationRentals.com and SilverRail™.
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