Expedia Group, Inc. (NASDAQ:EXPE) Given Consensus Recommendation of “Hold” by Analysts

Expedia Group, Inc. (NASDAQ:EXPE) has received an average recommendation of “Hold” from the thirty-five brokerages that are currently covering the firm, Marketbeat Ratings reports. Twenty-two research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $282.5484.

Several research firms recently weighed in on EXPE. The Goldman Sachs Group increased their price objective on shares of Expedia Group from $325.00 to $355.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Mizuho upped their target price on Expedia Group from $240.00 to $270.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Wells Fargo & Company dropped their price target on Expedia Group from $329.00 to $315.00 and set an “equal weight” rating on the stock in a research report on Friday, February 13th. CICC Research raised Expedia Group from a “market perform” rating to an “outperform” rating and set a $271.00 price target on the stock in a report on Monday, November 10th. Finally, Citizens Jmp restated a “market perform” rating on shares of Expedia Group in a research report on Tuesday, February 17th.

Insider Buying and Selling at Expedia Group

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $258.00, for a total value of $258,000.00. Following the completion of the transaction, the director directly owned 2,916 shares in the company, valued at $752,328. This trade represents a 25.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 9.13% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

Several hedge funds have recently modified their holdings of the company. Norges Bank bought a new position in shares of Expedia Group in the second quarter valued at $663,882,000. Wellington Management Group LLP boosted its stake in shares of Expedia Group by 24,899.5% during the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock worth $386,560,000 after acquiring an additional 1,801,232 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Expedia Group by 102.0% in the 2nd quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock worth $492,152,000 after acquiring an additional 1,473,386 shares during the last quarter. LSV Asset Management grew its holdings in shares of Expedia Group by 497.0% in the 2nd quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock worth $147,061,000 after acquiring an additional 725,797 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of Expedia Group by 594.0% during the fourth quarter. First Trust Advisors LP now owns 583,830 shares of the online travel company’s stock worth $165,405,000 after purchasing an additional 499,706 shares during the period. 90.76% of the stock is currently owned by institutional investors and hedge funds.

Expedia Group Stock Performance

Expedia Group stock opened at $217.93 on Friday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.73 and a quick ratio of 0.73. Expedia Group has a 12 month low of $130.01 and a 12 month high of $303.80. The company has a fifty day moving average price of $260.13 and a two-hundred day moving average price of $241.20. The company has a market cap of $26.71 billion, a PE ratio of 22.12, a P/E/G ratio of 0.63 and a beta of 1.41.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share for the quarter, topping analysts’ consensus estimates of $3.32 by $0.46. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. The company had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.41 billion. During the same period in the prior year, the company earned $2.39 earnings per share. The firm’s revenue was up 11.4% compared to the same quarter last year. Research analysts expect that Expedia Group will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 annualized dividend and a yield of 0.9%. Expedia Group’s dividend payout ratio is currently 16.24%.

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.