Analysts Set Expedia Group, Inc. (NASDAQ:EXPE) Price Target at $283.87

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been assigned a consensus recommendation of “Hold” from the thirty-nine research firms that are currently covering the firm, MarketBeat reports. Twenty-two analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $285.1515.

A number of equities research analysts have recently commented on EXPE shares. Weiss Ratings cut Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Wedbush reiterated a “neutral” rating and issued a $260.00 price target on shares of Expedia Group in a research note on Tuesday, February 17th. Piper Sandler raised their price objective on shares of Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Jefferies Financial Group raised shares of Expedia Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from $240.00 to $300.00 in a report on Monday, March 30th. Finally, B. Riley Financial dropped their target price on shares of Expedia Group from $360.00 to $350.00 and set a “buy” rating on the stock in a research note on Monday, April 27th.

Insider Transactions at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the 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 sale, the insider directly owned 102,480 shares in the company, valued at approximately $22,629,633.60. This trade represents a 7.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 9.81% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of EXPE. Brighton Jones LLC purchased a new position in Expedia Group in the 4th quarter worth about $408,000. NewEdge Advisors LLC grew its stake in shares of Expedia Group by 5.0% in the first quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after acquiring an additional 259 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Expedia Group in the second quarter worth approximately $596,000. Daiwa Securities Group Inc. raised its holdings in shares of Expedia Group by 6.5% during the second quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock valued at $3,587,000 after purchasing an additional 1,290 shares during the last quarter. Finally, AXA S.A. lifted its position in Expedia Group by 5.9% during the second quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock valued at $1,863,000 after purchasing an additional 615 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Price Performance

Shares of EXPE opened at $217.73 on Wednesday. The stock has a market cap of $26.68 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 0.68 and a beta of 1.30. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group has a fifty-two week low of $156.05 and a fifty-two week high of $303.80. The firm’s 50-day simple moving average is $238.81 and its two-hundred day simple moving average is $249.39.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same period last year, the business earned $0.40 earnings per share. The business’s revenue was up 14.7% on a year-over-year basis. Analysts anticipate that Expedia Group will post 16.64 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, May 28th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, May 28th. Expedia Group’s payout ratio is presently 16.90%.

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.