Expedia Group, Inc. (NASDAQ:EXPE) Receives $288.64 Average PT from Analysts

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have earned an average rating of “Hold” from the thirty-nine analysts that are covering the company, MarketBeat Ratings reports. Twenty-two equities research analysts have rated the stock with a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $288.6364.

A number of equities research analysts have recently issued reports on EXPE shares. Weiss Ratings lowered shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Susquehanna raised their price target on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Piper Sandler boosted their price target on shares of Expedia Group from $225.00 to $245.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Jefferies Financial Group upped their price objective on shares of Expedia Group from $300.00 to $310.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 price objective on shares of Expedia Group in a report on Monday, July 20th.

Expedia Group Stock Performance

Shares of NASDAQ:EXPE opened at $304.27 on Monday. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group has a 1 year low of $174.05 and a 1 year high of $312.40. The firm has a market capitalization of $37.29 billion, a PE ratio of 26.78, a P/E/G ratio of 0.77 and a beta of 1.23. The business’s 50 day moving average price is $249.15 and its 200-day moving average price is $243.55.

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, beating the consensus estimate of $1.41 by $0.55. The firm had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm’s revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.40 EPS. As a group, equities research analysts expect that Expedia Group will post 17.04 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were given a $0.48 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio is 16.90%.

Insider Buying and Selling

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

Institutional Trading of Expedia Group

A number of hedge funds and other institutional investors have recently modified their holdings of EXPE. Motiv8 Investments LLC purchased a new stake in shares of Expedia Group in the fourth quarter valued at about $25,000. Entrust Financial LLC purchased a new stake in shares of Expedia Group in the 4th quarter valued at approximately $26,000. JFS Wealth Advisors LLC grew its stake in shares of Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after buying an additional 44 shares during the period. Lodestone Wealth Management LLC acquired a new stake in shares of Expedia Group during the 4th quarter worth approximately $29,000. Finally, Sunbelt Securities Inc. raised its position in shares of Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock valued at $39,000 after buying an additional 165 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

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.