Expedia Group, Inc. (NASDAQ:EXPE) Receives $276.84 Average Price Target from Analysts

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have received an average recommendation of “Hold” from the thirty-eight brokerages that are currently covering the firm, MarketBeat.com reports. Twenty-four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $280.6129.

Several equities research analysts have recently commented on EXPE shares. Evercore ISI lifted their price target on shares of Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 25th. JPMorgan Chase & Co. upped their target price on shares of Expedia Group from $225.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Royal Bank Of Canada increased their price target on Expedia Group from $260.00 to $290.00 and gave the company a “sector perform” rating in a research note on Wednesday, December 17th. BNP Paribas started coverage on Expedia Group in a research note on Monday, November 24th. They set a “hold” rating for the company. Finally, Truist Financial set a $210.00 price objective on Expedia Group in a report on Monday, October 27th.

Insider Activity at Expedia Group

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction on Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the transaction, the director directly owned 2,916 shares of the company’s stock, valued at $752,328. This trade represents a 25.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the transaction, the chief accounting officer directly owned 11,662 shares of the company’s stock, valued at $2,893,108.96. This trade represents a 6.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 4,849 shares of company stock worth $1,283,270. 9.13% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EXPE. OMNI 360 Wealth Inc. acquired a new stake in shares of Expedia Group during the second quarter worth $325,000. Leith Wheeler Investment Counsel Ltd. increased its position in Expedia Group by 2.6% during the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock worth $18,213,000 after acquiring an additional 2,767 shares during the period. Railway Pension Investments Ltd raised its stake in Expedia Group by 19.6% in the 3rd quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock worth $24,624,000 after purchasing an additional 18,900 shares in the last quarter. Vise Technologies Inc. bought a new stake in Expedia Group in the 2nd quarter valued at about $2,351,000. Finally, Brighton Jones LLC grew its position in shares of Expedia Group by 44.1% during the 3rd quarter. Brighton Jones LLC now owns 16,311 shares of the online travel company’s stock worth $3,486,000 after purchasing an additional 4,988 shares in the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Stock Down 1.6%

NASDAQ EXPE opened at $291.53 on Thursday. The stock has a market capitalization of $35.72 billion, a P/E ratio of 27.90, a price-to-earnings-growth ratio of 1.07 and a beta of 1.43. Expedia Group has a 52 week low of $130.01 and a 52 week high of $303.80. The company has a debt-to-equity ratio of 1.72, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a fifty day moving average of $268.94 and a 200-day moving average of $227.32.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.10 by $0.47. The business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.13 earnings per share. On average, equities research analysts forecast that Expedia Group will post 12.28 EPS for the current year.

Expedia Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, November 19th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is currently 15.31%.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.