Expedia Group (NASDAQ:EXPE) Stock Rating Upgraded by Dbs Bank

Expedia Group (NASDAQ:EXPE) was upgraded by equities research analysts at Dbs Bank from a “hold” rating to a “moderate buy” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other research firms have also weighed in on EXPE. Deutsche Bank Aktiengesellschaft set a $244.00 target price on Expedia Group in a report on Friday, February 13th. Weiss Ratings lowered shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday. UBS Group reduced their price objective on shares of Expedia Group from $266.00 to $262.00 and set a “neutral” rating for the company in a research note on Friday. Citizens Jmp reaffirmed a “market perform” rating on shares of Expedia Group in a report on Tuesday, February 17th. Finally, Morgan Stanley raised their price target on shares of Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Fifteen research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus price target of $283.87.

Expedia Group Trading Up 0.0%

Shares of EXPE stock opened at $221.48 on Monday. The stock has a market capitalization of $27.14 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 0.69 and a beta of 1.30. The company’s fifty day simple moving average is $238.77 and its two-hundred day simple moving average is $249.61. Expedia Group has a 1 year low of $156.05 and a 1 year high of $303.80. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73.

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

Insider Buying and Selling

In other news, insider Robert J. Dzielak sold 8,225 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total value of $1,816,244.50. Following the transaction, the insider owned 102,480 shares of the company’s stock, valued at $22,629,633.60. This represents a 7.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 9.81% of the stock is currently owned by corporate insiders.

Institutional Trading of Expedia Group

A number of hedge funds have recently made changes to their positions in EXPE. Orion Porfolio Solutions LLC raised its position in shares of Expedia Group by 0.4% in the third quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock worth $2,098,000 after acquiring an additional 38 shares during the period. RHS Financial LLC grew its position in shares of Expedia Group by 4.0% during 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 period. Petredis Investment Advisors LLC increased its stake in shares of Expedia Group by 3.2% in the 1st quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock valued at $301,000 after purchasing an additional 40 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Expedia Group by 8.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock worth $161,000 after purchasing an additional 43 shares during the period. Finally, Harbor Investment Advisory LLC raised its holdings in Expedia Group by 16.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock worth $90,000 after purchasing an additional 44 shares during the period. 90.76% of the stock is owned by institutional investors.

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.