Expedia Group (NASDAQ:EXPE) Price Target Raised to $322.00

Expedia Group (NASDAQ:EXPE) had its target price hoisted by UBS Group from $262.00 to $322.00 in a research note published on Thursday,Benzinga reports. They currently have a neutral rating on the online travel company’s stock.

EXPE has been the topic of a number of other reports. Robert W. Baird raised their price target on Expedia Group from $290.00 to $294.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Dbs Bank upgraded Expedia Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, May 11th. Cantor Fitzgerald reissued a “neutral” rating and issued a $255.00 target price on shares of Expedia Group in a report on Monday, July 20th. Jefferies Financial Group raised their target price on Expedia Group from $300.00 to $310.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Finally, TD Cowen boosted their price target on Expedia Group from $260.00 to $285.00 and gave the company a “hold” rating in a research note on Wednesday, April 22nd. Seventeen research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $290.76.

Expedia Group Trading Up 0.6%

Shares of EXPE stock opened at $294.74 on Thursday. Expedia Group has a 12-month low of $174.05 and a 12-month high of $312.40. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. The firm’s 50 day moving average is $252.25 and its 200 day moving average is $243.89. The stock has a market capitalization of $36.12 billion, a P/E ratio of 25.95, a P/E/G ratio of 0.77 and a beta of 1.23.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. The business had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 EPS. Research analysts expect that Expedia Group will post 17.04 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Thursday, May 28th. Expedia Group’s dividend payout ratio is 16.90%.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the transaction, the insider directly owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the transaction, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. This trade represents a 6.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EXPE. RHS Financial LLC increased its holdings in Expedia Group by 4.0% in the 4th quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock worth $292,000 after acquiring an additional 40 shares in the last quarter. Petredis Investment Advisors LLC raised its stake in Expedia Group by 3.2% during the 1st quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock worth $301,000 after acquiring an additional 40 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Expedia Group by 8.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after purchasing an additional 43 shares in the last quarter. Ballentine Partners LLC lifted its holdings in Expedia Group by 2.2% during the fourth quarter. Ballentine Partners LLC now owns 2,225 shares of the online travel company’s stock valued at $630,000 after purchasing an additional 47 shares in the last quarter. Finally, Beacon Financial Advisory LLC boosted its position in shares of Expedia Group by 3.0% in the first quarter. Beacon Financial Advisory LLC now owns 1,628 shares of the online travel company’s stock worth $376,000 after purchasing an additional 48 shares during the period. Institutional investors own 90.76% of the company’s stock.

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.