Dbs Bank Upgrades Expedia Group (NASDAQ:EXPE) to Moderate Buy

Expedia Group (NASDAQ:EXPE) was upgraded by stock analysts at Dbs Bank from a “hold” rating to a “moderate buy” rating in a report issued on Monday,Zacks.com reports.

Several other research analysts have also recently issued reports on EXPE. Susquehanna lifted their target price on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday. Robert W. Baird set a $290.00 price objective on shares of Expedia Group in a report on Friday. Wells Fargo & Company reduced their target price on shares of Expedia Group from $310.00 to $307.00 and set an “equal weight” rating for the company in a report on Friday. BTIG Research reaffirmed a “buy” rating and set a $330.00 price objective on shares of Expedia Group in a research report on Friday, May 8th. Finally, BMO Capital Markets increased their price objective on shares of Expedia Group from $250.00 to $255.00 and gave the stock a “market perform” rating in a research note on Friday, February 13th. Fifteen analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to MarketBeat.com, Expedia Group currently has an average rating of “Hold” and an average price target of $283.87.

Expedia Group Trading Up 0.0%

Shares of EXPE opened at $221.48 on Monday. Expedia Group has a 1-year low of $156.05 and a 1-year high of $303.80. 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 price is $238.77 and its 200-day moving average price is $249.61. The firm has a market capitalization of $27.14 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 0.69 and a beta of 1.30.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. During the same quarter in the previous year, the firm posted $0.40 earnings per share. Expedia Group’s quarterly revenue was up 14.7% on a year-over-year basis. Sell-side analysts anticipate that Expedia Group will post 16.64 EPS for the current year.

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total value of $1,816,244.50. Following the completion of the sale, the insider owned 102,480 shares in the company, valued at approximately $22,629,633.60. This trade represents a 7.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.81% of the stock is owned by insiders.

Institutional Investors Weigh In On Expedia Group

Institutional investors have recently made changes to their positions in the company. Motiv8 Investments LLC bought a new stake in shares of Expedia Group in the 4th quarter worth about $25,000. Entrust Financial LLC purchased a new position in Expedia Group during the 4th quarter valued at about $26,000. JFS Wealth Advisors LLC increased its position in Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after purchasing an additional 44 shares during the period. Lodestone Wealth Management LLC purchased a new position in Expedia Group during the 4th quarter valued at about $29,000. Finally, Grey Fox Wealth Advisors LLC purchased a new position in Expedia Group during the 3rd quarter valued at about $30,000. Institutional investors own 90.76% of the company’s stock.

Expedia Group Company Profile

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.