Expedia Group (NASDAQ:EXPE) Coverage Initiated by Analysts at Mizuho

Mizuho began coverage on shares of Expedia Group (NASDAQ:EXPE) in a report issued on Tuesday morning, Marketbeat reports. The firm issued a neutral rating and a $240.00 price objective on the online travel company’s stock.

Several other brokerages have also issued reports on EXPE. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price target on shares of Expedia Group in a report on Wednesday, July 23rd. Oppenheimer restated an “outperform” rating on shares of Expedia Group in a report on Friday, August 8th. Wall Street Zen upgraded Expedia Group from a “hold” rating to a “buy” rating in a report on Monday, July 28th. DA Davidson raised their target price on Expedia Group from $174.00 to $218.00 and gave the company a “neutral” rating in a report on Friday, August 8th. Finally, Morgan Stanley raised their target price on Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a report on Monday, July 21st. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Expedia Group has a consensus rating of “Hold” and a consensus target price of $208.96.

Expedia Group Stock Down 3.1%

Shares of NASDAQ:EXPE opened at $213.75 on Tuesday. The business’s 50 day simple moving average is $207.30 and its two-hundred day simple moving average is $180.25. The firm has a market cap of $26.45 billion, a P/E ratio of 26.19, a PEG ratio of 1.16 and a beta of 1.57. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. Expedia Group has a 52-week low of $130.01 and a 52-week high of $229.00.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.13 by $0.11. The business had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.51 earnings per share. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts forecast that Expedia Group will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group’s dividend payout ratio (DPR) is currently 19.61%.

Insiders Place Their Bets

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares of the company’s stock, valued at $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 2,658 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the completion of the sale, the insider directly owned 74,417 shares of the company’s stock, valued at $15,297,902.69. This represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock valued at $2,009,132 over the last ninety days. 9.13% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Expedia Group

Hedge funds have recently made changes to their positions in the stock. Hunter Associates Investment Management LLC grew its position in shares of Expedia Group by 10.2% in the first quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company’s stock valued at $5,051,000 after purchasing an additional 2,776 shares in the last quarter. OMNI 360 Wealth Inc. purchased a new position in shares of Expedia Group in the second quarter valued at $325,000. Praxis Investment Management Inc. grew its position in shares of Expedia Group by 63.5% in the first quarter. Praxis Investment Management Inc. now owns 4,610 shares of the online travel company’s stock valued at $775,000 after purchasing an additional 1,790 shares in the last quarter. Korea Investment CORP grew its position in shares of Expedia Group by 55.1% in the first quarter. Korea Investment CORP now owns 177,934 shares of the online travel company’s stock valued at $29,911,000 after purchasing an additional 63,244 shares in the last quarter. Finally, Monument Capital Management purchased a new position in shares of Expedia Group in the first quarter valued at $2,261,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

About Expedia Group

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.