Citigroup Issues Pessimistic Forecast for Expedia Group (NASDAQ:EXPE) Stock Price

Expedia Group (NASDAQ:EXPE) had its price target decreased by equities research analysts at Citigroup from $281.00 to $225.00 in a research note issued on Friday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the online travel company’s stock. Citigroup’s price target would indicate a potential upside of 10.58% from the stock’s current price.

A number of other research analysts have also recently weighed in on EXPE. Susquehanna restated a “neutral” rating and set a $240.00 target price on shares of Expedia Group in a research note on Tuesday. Sanford C. Bernstein raised their price target on Expedia Group from $210.00 to $256.00 and gave the company a “market perform” rating in a report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft set a $244.00 price objective on Expedia Group in a research note on Friday, February 13th. TD Cowen decreased their target price on Expedia Group from $300.00 to $260.00 and set a “hold” rating on the stock in a research note on Friday, February 13th. Finally, JPMorgan Chase & Co. boosted their price target on Expedia Group from $225.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. Thirteen investment analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $282.55.

Expedia Group Stock Up 1.9%

EXPE stock opened at $203.48 on Friday. The business’s 50-day moving average price is $266.70 and its 200-day moving average price is $241.21. The stock has a market cap of $24.93 billion, a P/E ratio of 20.66, a PEG ratio of 0.64 and a beta of 1.41. The company has a quick ratio of 0.74, a current ratio of 0.73 and a debt-to-equity ratio of 1.75. Expedia Group has a twelve month low of $130.01 and a twelve month high of $303.80.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, topping analysts’ consensus estimates 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 was up 11.4% compared to the same quarter last year. During the same quarter last year, the business earned $2.39 EPS. On average, equities research analysts forecast that Expedia Group will post 12.28 EPS for the current year.

Insider Activity

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the transaction, the director directly owned 2,916 shares in the company, valued at approximately $752,328. This represents a 25.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.13% of the stock is owned by company insiders.

Institutional Investors Weigh In On Expedia Group

Large investors have recently bought and sold shares of the business. Orion Porfolio Solutions LLC grew its stake in shares of Expedia Group by 0.4% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock worth $2,098,000 after buying an additional 38 shares in the last quarter. RHS Financial LLC lifted its holdings in shares of Expedia Group by 4.0% in the 4th quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock valued at $292,000 after acquiring an additional 40 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Expedia Group by 8.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock worth $161,000 after acquiring an additional 43 shares in the last quarter. Harbor Investment Advisory LLC increased its stake in Expedia Group by 16.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock worth $90,000 after acquiring an additional 44 shares during the last quarter. Finally, JFS Wealth Advisors LLC raised its position in Expedia Group by 78.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after purchasing an additional 44 shares during the period. 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.