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

Expedia Group, Inc. (NASDAQ:EXPE) has been assigned an average recommendation of “Hold” from the thirty-nine research firms that are covering the stock, MarketBeat reports. Twenty-three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $284.4242.

EXPE has been the topic of several recent analyst reports. Barclays boosted their target price on shares of Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Weiss Ratings lowered shares of Expedia Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. DA Davidson reduced their price target on shares of Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. Finally, Piper Sandler lifted their price target on shares of Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a research report on Friday, May 8th.

Expedia Group Stock Performance

NASDAQ EXPE opened at $228.88 on Friday. The stock’s fifty day moving average is $234.33 and its two-hundred day moving average is $247.76. The firm has a market capitalization of $28.05 billion, a P/E ratio of 20.15, a price-to-earnings-growth ratio of 0.70 and a beta of 1.25. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group has a fifty-two week low of $160.00 and a fifty-two week high of $303.80.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.55. The company had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a return on equity of 84.33% and a net margin of 9.81%.The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 earnings per share. On average, research analysts anticipate that Expedia Group will post 17.07 earnings per share for the current year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, May 28th. Expedia Group’s dividend payout ratio is 16.90%.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 940 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the transaction, the chief accounting officer directly owned 14,083 shares in the company, valued at approximately $3,124,454.38. This represents a 6.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.20% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

A number of hedge funds have recently modified their holdings of the business. Windacre Partnership LLC grew its holdings in shares of Expedia Group by 9.2% during the 3rd quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock worth $787,049,000 after purchasing an additional 309,900 shares during the period. AQR Capital Management LLC grew its holdings in shares of Expedia Group by 25.0% during the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock worth $779,275,000 after purchasing an additional 728,063 shares during the period. Invesco Ltd. grew its holdings in shares of Expedia Group by 8.0% during the 3rd quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock worth $667,507,000 after purchasing an additional 230,176 shares during the period. Norges Bank purchased a new position in shares of Expedia Group during the 4th quarter worth $861,979,000. Finally, Wellington Management Group LLP grew its holdings 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 purchasing an additional 1,801,232 shares during the period. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

About Expedia Group

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.