Expedia Group (NASDAQ:EXPE) Stock Price Expected to Rise, TD Cowen Analyst Says

Expedia Group (NASDAQ:EXPE) had its price target hoisted by investment analysts at TD Cowen from $256.00 to $300.00 in a note issued to investors on Tuesday,MarketScreener reports. TD Cowen’s price objective would suggest a potential upside of 26.86% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Bank of America raised their price objective on shares of Expedia Group from $285.00 to $326.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. The Goldman Sachs Group lifted their price target on Expedia Group from $295.00 to $325.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Mizuho boosted their price target on Expedia Group from $240.00 to $270.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. KeyCorp assumed coverage on Expedia Group in a research report on Wednesday, October 22nd. They set a “sector weight” rating on the stock. Finally, Piper Sandler raised shares of Expedia Group from an “underweight” rating to a “neutral” rating and boosted their target price for the company from $190.00 to $250.00 in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and twenty-two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $291.52.

Expedia Group Trading Up 0.9%

Shares of Expedia Group stock opened at $236.48 on Tuesday. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. The business has a fifty day simple moving average of $277.40 and a two-hundred day simple moving average of $238.27. Expedia Group has a 1 year low of $130.01 and a 1 year high of $303.80. The company has a market capitalization of $28.98 billion, a price-to-earnings ratio of 22.63, a P/E/G ratio of 0.76 and a beta of 1.41.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data 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. The firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The company’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the company earned $6.13 earnings per share. Research analysts forecast that Expedia Group will post 12.28 EPS for the current year.

Insider Buying and Selling

In other news, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the completion of the sale, the director owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. This represents a 8.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 sale, the director owned 2,916 shares in the company, valued at $752,328. This represents a 25.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 4,849 shares of company stock valued at $1,283,270 over the last quarter. 9.13% of the stock is owned by company insiders.

Institutional Investors Weigh In On Expedia Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC bought a new position in shares of Expedia Group in the 4th quarter valued at $408,000. NewEdge Advisors LLC boosted its stake in Expedia Group by 5.0% in the first quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after buying an additional 259 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Expedia Group in the second quarter valued at about $596,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Expedia Group by 7.9% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,803 shares of the online travel company’s stock worth $2,666,000 after acquiring an additional 1,162 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in shares of Expedia Group in the second quarter worth about $64,000. 90.76% of the stock is currently 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.