Expedia Group (NASDAQ:EXPE) Upgraded at Mizuho

Mizuho upgraded shares of Expedia Group (NASDAQ:EXPE) to a hold rating in a report issued on Monday morning,Zacks.com reports.

A number of other equities analysts have also weighed in on EXPE. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 price objective on shares of Expedia Group in a research note on Wednesday, July 23rd. Barclays upped their price objective on Expedia Group from $190.00 to $197.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Cowen reaffirmed a “hold” rating on shares of Expedia Group in a research note on Friday, August 8th. Sanford C. Bernstein set a $210.00 price objective on Expedia Group in a research note on Monday, August 11th. Finally, Royal Bank Of Canada upped their price objective on Expedia Group from $180.00 to $200.00 and gave the stock a “sector perform” rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $208.96.

Expedia Group Stock Performance

Shares of EXPE opened at $217.95 on Monday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The business has a 50-day simple moving average of $207.81 and a two-hundred day simple moving average of $180.51. The stock has a market cap of $26.96 billion, a price-to-earnings ratio of 26.71, a PEG ratio of 1.12 and a beta of 1.56. Expedia Group has a 52 week low of $130.01 and a 52 week high of $229.00.

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

Expedia Group Announces Dividend

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

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the transaction, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction that occurred 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 transaction, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Expedia Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Spire Wealth Management boosted its holdings in shares of Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after purchasing an additional 80 shares during the period. McClarren Financial Advisors Inc. bought a new stake in shares of Expedia Group during the 1st quarter worth approximately $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Expedia Group during the 1st quarter worth approximately $28,000. GFG Capital LLC bought a new stake in shares of Expedia Group during the 2nd quarter worth approximately $29,000. Finally, Trust Co. of Toledo NA OH bought a new stake in shares of Expedia Group during the 2nd quarter worth approximately $31,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

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.