Expedia Group (NASDAQ:EXPE) Raised to “Outperform” at CICC Research

Expedia Group (NASDAQ:EXPE) was upgraded by equities research analysts at CICC Research from a “market perform” rating to an “outperform” rating in a research note issued on Monday,MarketScreener reports. The firm presently has a $271.00 price target on the online travel company’s stock. CICC Research’s target price points to a potential upside of 2.14% from the stock’s previous close.

Several other brokerages also recently weighed in on EXPE. Benchmark lifted their price target on shares of Expedia Group from $265.00 to $310.00 and gave the company a “buy” rating in a report on Friday. BTIG Research raised their price objective on shares of Expedia Group from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Mizuho began coverage on shares of Expedia Group in a research note on Tuesday, September 30th. They set a “neutral” rating and a $240.00 target price on the stock. Cantor Fitzgerald increased their price target on Expedia Group from $220.00 to $285.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Finally, KeyCorp began coverage on Expedia Group in a report on Wednesday, October 22nd. They set a “sector weight” rating on the stock. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $262.00.

Expedia Group Stock Performance

Shares of EXPE opened at $265.32 on Monday. The business has a 50-day simple moving average of $221.63 and a two-hundred day simple moving average of $194.08. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. Expedia Group has a 52 week low of $130.01 and a 52 week high of $270.22. The stock has a market cap of $32.82 billion, a price-to-earnings ratio of 32.51, a PEG ratio of 1.15 and a beta of 1.58.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. The firm had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.28 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 8.7% on a year-over-year basis. During the same period in the previous year, the firm earned $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts expect that Expedia Group will post 12.28 EPS for the current year.

Insider Activity

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the transaction, the director owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents a 8.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, 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 sale, the chief accounting officer directly owned 12,036 shares in the company, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 9.13% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in Expedia Group by 0.7% in the second quarter. Vanguard Group Inc. now owns 15,304,305 shares of the online travel company’s stock worth $2,581,530,000 after purchasing an additional 102,494 shares during the last quarter. Norges Bank bought a new position in Expedia Group during the second quarter valued at $663,882,000. Geode Capital Management LLC grew its stake in shares of Expedia Group by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock worth $574,364,000 after buying an additional 58,244 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Expedia Group by 102.0% in the 2nd quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock worth $492,152,000 after buying an additional 1,473,386 shares in the last quarter. Finally, Alkeon Capital Management LLC increased its holdings in shares of Expedia Group by 4.2% in the 2nd quarter. Alkeon Capital Management LLC now owns 2,475,276 shares of the online travel company’s stock worth $417,530,000 after buying an additional 100,000 shares during the last quarter. 90.76% of the stock is currently owned by 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.