Expedia Group (NASDAQ:EXPE – Free Report) had its target price hoisted by Oppenheimer from $250.00 to $290.00 in a research report released on Friday,MarketScreener reports. They currently have an outperform rating on the online travel company’s stock.
A number of other equities analysts also recently commented on EXPE. Cowen reissued a “hold” rating on shares of Expedia Group in a research note on Friday, August 8th. BTIG Research lifted their price target on Expedia Group from $250.00 to $275.00 and gave the company a “buy” rating in a report on Thursday. Truist Financial set a $210.00 price target on Expedia Group in a research report on Monday, October 27th. TD Cowen upped their price objective on Expedia Group from $205.00 to $220.00 and gave the stock a “hold” rating in a research note on Tuesday, October 21st. Finally, Royal Bank Of Canada raised their price objective on Expedia Group from $180.00 to $200.00 and gave the company a “sector perform” rating in a research report on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twenty-three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $253.00.
Read Our Latest Research Report on EXPE
Expedia Group Stock Up 17.5%
Expedia Group (NASDAQ:EXPE – Get Free Report) last posted 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 analyst estimates of $4.28 billion. During the same quarter in the previous year, the business posted $6.13 EPS. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts forecast that Expedia Group will post 12.28 earnings per share for the current year.
Expedia Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s payout ratio is 15.31%.
Insider Activity at Expedia Group
In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 3,306 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total value of $663,977.04. Following the completion of the sale, the insider directly owned 77,075 shares of the company’s stock, valued at approximately $15,479,743. This represents a 4.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,816 shares of company stock valued at $2,009,132 in the last ninety days. Corporate insiders own 9.13% of the company’s stock.
Institutional Trading of Expedia Group
Institutional investors have recently bought and sold shares of the stock. Norges Bank acquired a new position in Expedia Group during the 2nd quarter valued at approximately $663,882,000. AQR Capital Management LLC grew its holdings in shares of Expedia Group by 102.0% during the second quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock valued at $492,152,000 after buying an additional 1,473,386 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Expedia Group during the first quarter valued at $227,174,000. Los Angeles Capital Management LLC increased its position in shares of Expedia Group by 3,369.4% in the 1st quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock valued at $172,995,000 after acquiring an additional 999,454 shares during the period. Finally, LSV Asset Management raised its stake in Expedia Group by 497.0% in the 2nd quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock worth $147,061,000 after acquiring an additional 725,797 shares during the last quarter. 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.
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