BTIG Research Forecasts Strong Price Appreciation for Expedia Group (NASDAQ:EXPE) Stock

Expedia Group (NASDAQ:EXPE) had its price target boosted by equities research analysts at BTIG Research from $250.00 to $275.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the online travel company’s stock. BTIG Research’s price target would suggest a potential upside of 25.17% from the company’s current price.

A number of other brokerages also recently issued reports on EXPE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Expedia Group in a research report on Wednesday, October 8th. Wedbush boosted their target price on Expedia Group from $220.00 to $230.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Susquehanna lifted their price target on Expedia Group from $175.00 to $200.00 and gave the stock a “neutral” rating in a report on Monday, August 11th. Mizuho initiated coverage on Expedia Group in a research report on Tuesday, September 30th. They set a “neutral” rating and a $240.00 target price for the company. Finally, Jefferies Financial Group boosted their price target on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “hold” rating in a report on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and twenty-three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $217.32.

Expedia Group Stock Up 2.8%

Shares of NASDAQ:EXPE opened at $219.70 on Thursday. The stock has a market cap of $27.18 billion, a price-to-earnings ratio of 26.92, a PEG ratio of 1.15 and a beta of 1.58. 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 12-month low of $130.01 and a 12-month high of $240.98. The business’s 50 day moving average is $218.64 and its 200 day moving average is $191.28.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. The business had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.Expedia Group’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts forecast that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Spire Wealth Management boosted its stake in shares of Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after purchasing an additional 80 shares in the last quarter. McClarren Financial Advisors Inc. bought a new stake in Expedia Group in the first quarter worth $28,000. Atlas Capital Advisors Inc. purchased a new stake in Expedia Group during the first quarter valued at about $28,000. GFG Capital LLC purchased a new stake in Expedia Group during the second quarter valued at about $29,000. Finally, Grey Fox Wealth Advisors LLC bought a new position in shares of Expedia Group during the third quarter valued at about $30,000. 90.76% of the stock is currently owned by 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.