Expedia Group (NASDAQ:EXPE) Price Target Raised to $300.00

Expedia Group (NASDAQ:EXPE) had its price objective increased by Argus from $265.00 to $300.00 in a research note published on Monday, MarketBeat.com reports. Argus currently has a buy rating on the online travel company’s stock.

Other equities research analysts also recently issued reports about the company. Evercore ISI lifted their target price on Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. TD Cowen lifted their price objective on Expedia Group from $220.00 to $256.00 in a report on Friday, November 7th. Jefferies Financial Group boosted their price objective on Expedia Group from $210.00 to $220.00 and gave the company a “hold” rating in a research report on Friday, October 17th. Bank of America raised their target price on Expedia Group from $211.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, Royal Bank Of Canada boosted their price target on shares of Expedia Group from $200.00 to $260.00 and gave the company a “sector perform” rating in a report on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and twenty-two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $262.00.

Expedia Group Price Performance

NASDAQ:EXPE opened at $273.65 on Monday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. Expedia Group has a one year low of $130.01 and a one year high of $277.23. The company has a fifty day moving average price of $222.86 and a 200 day moving average price of $194.64. The stock has a market cap of $33.85 billion, a P/E ratio of 33.54, a PEG ratio of 1.15 and a beta of 1.58.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping 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 company had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same period last year, the business posted $6.13 EPS. The business’s quarterly revenue was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts anticipate that Expedia Group will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 19th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio (DPR) is presently 15.31%.

Insider Activity

In related news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the sale, the director owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents a 8.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total transaction of $175,409.76. Following the transaction, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 9.13% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Expedia Group

Large investors have recently bought and sold shares of the business. Brighton Jones LLC acquired a new position in Expedia Group in the fourth quarter worth $408,000. Envestnet Asset Management Inc. raised its holdings in shares of Expedia Group by 1.8% in the first quarter. Envestnet Asset Management Inc. now owns 186,764 shares of the online travel company’s stock valued at $31,395,000 after buying an additional 3,251 shares during the last quarter. Cerity Partners LLC lifted its position in Expedia Group by 10.6% during the 1st quarter. Cerity Partners LLC now owns 57,546 shares of the online travel company’s stock worth $9,673,000 after buying an additional 5,534 shares in the last quarter. Ballentine Partners LLC grew its holdings in Expedia Group by 5.9% during the 1st quarter. Ballentine Partners LLC now owns 1,987 shares of the online travel company’s stock worth $334,000 after acquiring an additional 111 shares during the last quarter. Finally, CWM LLC raised its stake in shares of Expedia Group by 42.7% in the first quarter. CWM LLC now owns 24,400 shares of the online travel company’s stock worth $4,102,000 after acquiring an additional 7,307 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Expedia Group Company Profile

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.