Expedia Group, Inc. (NASDAQ:EXPE) Receives $207.77 Consensus Target Price from Brokerages

Expedia Group, Inc. (NASDAQ:EXPE) has been given a consensus recommendation of “Hold” by the thirty-three brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, eleven have given a buy rating and three have assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $208.9630.

EXPE has been the subject of a number of recent research reports. Truist Financial decreased their price target on shares of Expedia Group from $175.00 to $168.00 and set a “hold” rating for the company in a research note on Tuesday, June 24th. Wells Fargo & Company restated a “positive” rating on shares of Expedia Group in a research note on Friday, August 8th. BTIG Research restated a “buy” rating and set a $250.00 price target on shares of Expedia Group in a research note on Tuesday, September 9th. Benchmark boosted their price target on shares of Expedia Group from $215.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Finally, Susquehanna boosted their price target on shares of Expedia Group from $175.00 to $200.00 and gave the company a “neutral” rating in a research note on Monday, August 11th.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $217.69 on Tuesday. The company has a fifty day moving average of $208.36 and a 200-day moving average of $180.87. The firm has a market capitalization of $26.93 billion, a P/E ratio of 26.68, a P/E/G ratio of 1.14 and a beta of 1.56. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. Expedia Group has a twelve month low of $130.01 and a twelve month high of $229.00.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, beating the consensus estimate of $4.13 by $0.11. The company had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Expedia Group will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, August 28th. Expedia Group’s payout ratio is 19.61%.

Insiders Place Their Bets

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total transaction of $175,409.76. Following the transaction, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. The trade was a 6.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the transaction, the director directly owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock valued at $2,009,132 in the last three months. 9.13% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Expedia Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC bought a new position in Expedia Group during the fourth quarter worth about $408,000. Wealth Enhancement Advisory Services LLC boosted its position in Expedia Group by 165.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 26,617 shares of the online travel company’s stock worth $4,960,000 after purchasing an additional 16,587 shares during the period. Wellington Management Group LLP boosted its position in Expedia Group by 34.4% during the fourth quarter. Wellington Management Group LLP now owns 14,055 shares of the online travel company’s stock worth $2,619,000 after purchasing an additional 3,595 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in Expedia Group by 37.8% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 401 shares of the online travel company’s stock worth $67,000 after purchasing an additional 110 shares during the period. Finally, GAMMA Investing LLC boosted its position in Expedia Group by 18,141.9% during the first quarter. GAMMA Investing LLC now owns 353,346 shares of the online travel company’s stock worth $59,397,000 after purchasing an additional 351,409 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.

About Expedia Group

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.