Expedia Group (NASDAQ:EXPE – Get Free Report) had its target price lifted by equities research analysts at B. Riley from $260.00 to $300.00 in a research report issued on Friday,MarketScreener reports. The firm currently has a “buy” rating on the online travel company’s stock. B. Riley’s price target indicates a potential upside of 16.17% from the company’s previous close.
A number of other research firms have also issued reports on EXPE. Weiss Ratings restated a “hold (c)” rating on shares of Expedia Group in a report on Wednesday, October 8th. Cowen restated a “hold” rating on shares of Expedia Group in a research report on Friday, August 8th. Jefferies Financial Group lifted their target price on Expedia Group from $210.00 to $220.00 and gave the company a “hold” rating in a research note on Friday, October 17th. Cantor Fitzgerald restated a “neutral” rating and set a $200.00 price target on shares of Expedia Group in a report on Wednesday, July 23rd. Finally, Robert W. Baird increased their target price on shares of Expedia Group from $240.00 to $280.00 and gave the stock an “outperform” rating in a research report on Friday. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and twenty-three have issued a Hold rating to the company. According to data from MarketBeat.com, Expedia Group has an average rating of “Hold” and an average price target of $253.00.
Check Out Our Latest Research Report on Expedia Group
Expedia Group Price Performance
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the prior year, the firm earned $6.13 EPS. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts forecast that Expedia Group will post 12.28 earnings per share for the current year.
Insider Buying and Selling at Expedia Group
In other Expedia Group news, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the transaction, the insider directly owned 74,417 shares of the company’s stock, valued at $15,297,902.69. The trade was a 3.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares of the company’s stock, valued at $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 9,816 shares of company stock valued at $2,009,132 in the last 90 days. 9.13% of the stock is currently owned by insiders.
Institutional Trading of Expedia Group
Several hedge funds and other institutional investors have recently bought and sold shares of EXPE. Spire Wealth Management lifted its stake in shares of Expedia Group by 114.3% in the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after buying an additional 80 shares during the period. McClarren Financial Advisors Inc. acquired a new stake in shares of Expedia Group during the 1st quarter worth approximately $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Expedia Group during the first quarter valued at approximately $28,000. GFG Capital LLC acquired a new position in shares of Expedia Group in the second quarter valued at $29,000. Finally, Grey Fox Wealth Advisors LLC bought a new position in Expedia Group in the third quarter worth $30,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.
Expedia Group Company Profile
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.
Featured Articles
- Five stocks we like better than Expedia Group
- Airline Stocks – Top Airline Stocks to Buy Now
- MarketBeat Week in Review – 11/03 – 11/07
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- Top Stocks Investing in 5G Technology
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.
