Expedia Group (NASDAQ:EXPE) Rating Increased to Strong-Buy at Wall Street Zen

Expedia Group (NASDAQ:EXPE) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued on Saturday.

Several other research firms also recently commented on EXPE. Argus decreased their target price on Expedia Group from $345.00 to $250.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Mizuho reduced their price target on Expedia Group from $270.00 to $245.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Royal Bank Of Canada upped their price objective on Expedia Group from $260.00 to $290.00 and gave the company a “sector perform” rating in a report on Wednesday, December 17th. Evercore reiterated an “outperform” rating on shares of Expedia Group in a research report on Monday, February 9th. Finally, TD Cowen dropped their target price on Expedia Group from $300.00 to $260.00 and set a “hold” rating for the company in a report on Friday, February 13th. Fourteen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $282.65.

Expedia Group Stock Performance

NASDAQ EXPE opened at $225.30 on Friday. The firm has a 50-day moving average of $231.07 and a 200-day moving average of $244.64. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market cap of $27.61 billion, a PE ratio of 22.87, a P/E/G ratio of 0.69 and a beta of 1.33. Expedia Group has a 52-week low of $130.01 and a 52-week high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.46. The business had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.41 billion. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. Expedia Group’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.39 EPS. On average, sell-side analysts anticipate that Expedia Group will post 12.28 EPS for the current year.

Insider Buying and Selling

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

Institutional Investors Weigh In On Expedia Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Motiv8 Investments LLC acquired a new position in shares of Expedia Group during the fourth quarter worth $25,000. Entrust Financial LLC acquired a new stake in shares of Expedia Group during the 4th quarter valued at $26,000. JFS Wealth Advisors LLC boosted its holdings in shares of Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after acquiring an additional 44 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in Expedia Group during the 4th quarter worth $29,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in Expedia Group during the 3rd quarter worth $30,000. 90.76% of the stock is currently owned by institutional investors.

About Expedia Group

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.