Barclays Forecasts Strong Price Appreciation for Expedia Group (NASDAQ:EXPE) Stock

Expedia Group (NASDAQ:EXPE) had its price target lifted by Barclays from $197.00 to $220.00 in a report issued on Friday, MarketBeat Ratings reports. The firm currently has an “equal weight” rating on the online travel company’s stock. Barclays‘s price objective would suggest a potential downside of 16.58% from the company’s current price.

A number of other research firms have also commented on EXPE. DA Davidson raised their price objective on Expedia Group from $174.00 to $218.00 and gave the stock a “neutral” rating in a research note on Friday, August 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Expedia Group in a report on Wednesday, October 8th. BTIG Research raised their price target on Expedia Group from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday. Wells Fargo & Company boosted their price target on Expedia Group from $212.00 to $272.00 and gave the company an “equal weight” rating in a research note on Friday. Finally, Cowen reiterated a “hold” rating on shares of Expedia Group in a research note on Friday, August 8th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twenty-three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $244.03.

Expedia Group Stock Performance

Shares of EXPE traded up $44.03 during midday trading on Friday, reaching $263.73. 5,292,702 shares of the stock were exchanged, compared to its average volume of 2,013,682. Expedia Group has a twelve month low of $130.01 and a twelve month high of $262.45. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The company has a market cap of $32.63 billion, a P/E ratio of 32.31, a PEG ratio of 1.15 and a beta of 1.58. The stock’s 50 day simple moving average is $218.64 and its 200 day simple moving average is $191.28.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same period in the prior year, the company posted $6.13 earnings per share. Expedia Group’s revenue was up 8.7% compared to the same quarter last year. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts expect that Expedia Group will post 12.28 earnings per share for the current year.

Insider Activity

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the sale, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Robert J. Dzielak sold 2,658 shares of Expedia Group stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the completion of the transaction, the insider directly owned 74,417 shares of the company’s stock, valued at approximately $15,297,902.69. This trade represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 9,816 shares of company stock valued at $2,009,132. 9.13% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Expedia Group

Several large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC bought a new position in shares of Expedia Group during the 4th quarter worth approximately $408,000. Envestnet Asset Management Inc. increased its stake in shares of Expedia Group by 1.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 186,764 shares of the online travel company’s stock valued at $31,395,000 after acquiring an additional 3,251 shares in the last quarter. Brown Advisory Inc. lifted its position in shares of Expedia Group by 4.1% during the 1st quarter. Brown Advisory Inc. now owns 40,067 shares of the online travel company’s stock valued at $6,735,000 after acquiring an additional 1,578 shares during the period. DekaBank Deutsche Girozentrale boosted its stake in Expedia Group by 12.4% during the first quarter. DekaBank Deutsche Girozentrale now owns 70,790 shares of the online travel company’s stock worth $11,723,000 after acquiring an additional 7,818 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in Expedia Group by 10.6% during the first quarter. Cerity Partners LLC now owns 57,546 shares of the online travel company’s stock worth $9,673,000 after acquiring an additional 5,534 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

About Expedia Group

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.