Expedia Group, Inc. (NASDAQ:EXPE) Given Average Recommendation of “Hold” by Analysts

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been given a consensus recommendation of “Hold” by the thirty-five brokerages that are currently covering the firm, Marketbeat Ratings reports. Twenty-two analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $282.5484.

EXPE has been the subject of several recent analyst reports. Barclays lifted their target price on shares of Expedia Group from $245.00 to $260.00 and gave the stock an “equal weight” rating in a research note on Friday, February 13th. Wedbush restated a “neutral” rating and set a $260.00 price objective on shares of Expedia Group in a report on Tuesday, February 17th. Sanford C. Bernstein lifted their price objective on Expedia Group from $210.00 to $256.00 and gave the company a “market perform” rating in a research report on Tuesday, January 6th. Oppenheimer increased their target price on Expedia Group from $250.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Finally, B. Riley Financial raised their price target on Expedia Group from $300.00 to $360.00 and gave the stock a “buy” rating in a research note on Monday, January 12th.

Insider Transactions at Expedia Group

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the transaction, the director owned 2,916 shares of the company’s stock, valued at $752,328. This trade represents a 25.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 9.13% of the company’s stock.

Institutional Investors Weigh In On Expedia Group

Several large investors have recently made changes to their positions in the business. Spire Wealth Management raised its stake 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 valued at $25,000 after purchasing an additional 80 shares in the last quarter. Motiv8 Investments LLC bought a new stake in Expedia Group in the fourth quarter valued at about $25,000. Entrust Financial LLC acquired a new stake in Expedia Group during the fourth quarter valued at approximately $26,000. JFS Wealth Advisors LLC lifted its holdings 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 worth $28,000 after buying an additional 44 shares during the last quarter. Finally, Lodestone Wealth Management LLC bought a new position in Expedia Group during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Trading Up 7.0%

Expedia Group stock opened at $217.93 on Friday. The stock has a 50-day moving average price of $260.13 and a 200 day moving average price of $241.20. Expedia Group has a 52 week low of $130.01 and a 52 week high of $303.80. The stock has a market cap of $26.71 billion, a PE ratio of 22.12, a P/E/G ratio of 0.63 and a beta of 1.41. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.75.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.32 by $0.46. The company had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.41 billion. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period last year, the company earned $2.39 EPS. Equities research analysts predict that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be given a $0.48 dividend. This is a boost from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, March 5th. Expedia Group’s dividend payout ratio is 16.24%.

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.