Expedia Group, Inc. (NASDAQ:EXPE) Given Consensus Rating of “Hold” by Brokerages

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have received an average recommendation of “Hold” from the thirty-five analysts that are presently covering the company, Marketbeat reports. Twenty-two equities research analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $281.6452.

A number of brokerages have weighed in on EXPE. Deutsche Bank Aktiengesellschaft set a $244.00 price objective on Expedia Group in a research report on Friday, February 13th. DA Davidson reduced their target price on Expedia Group from $294.00 to $260.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Citizens Jmp reiterated a “market perform” rating on shares of Expedia Group in a research note on Tuesday, February 17th. BTIG Research reissued a “buy” rating and issued a $330.00 price target on shares of Expedia Group in a report on Monday, March 16th. Finally, Morgan Stanley increased their price objective on shares of Expedia Group from $180.00 to $270.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 13th.

Expedia Group Price Performance

NASDAQ EXPE opened at $236.65 on Tuesday. The company has a 50 day simple moving average of $240.71 and a 200-day simple moving average of $244.35. Expedia Group has a 52-week low of $130.01 and a 52-week high of $303.80. The firm has a market capitalization of $29.00 billion, a price-to-earnings ratio of 24.03, a price-to-earnings-growth ratio of 0.73 and a beta of 1.41. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.73 and a quick ratio of 0.73.

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

Expedia Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.48 per share. This is a positive change from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, March 5th. Expedia Group’s payout ratio is currently 19.49%.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the transaction, the insider owned 102,480 shares of the company’s stock, valued at approximately $22,629,633.60. This represents a 7.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.13% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Expedia Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Motiv8 Investments LLC bought a new position in Expedia Group during the 4th quarter worth about $25,000. Entrust Financial LLC bought a new stake in shares of Expedia Group in the fourth quarter valued at about $26,000. JFS Wealth Advisors LLC boosted its position in shares of Expedia Group by 78.6% during the fourth 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 period. Lodestone Wealth Management LLC bought a new position in shares of Expedia Group during the fourth quarter worth about $29,000. Finally, Grey Fox Wealth Advisors LLC bought a new position in shares of Expedia Group during the third quarter worth about $30,000. Institutional investors own 90.76% of the company’s stock.

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.