Expedia Group, Inc. (NASDAQ:EXPE) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been given a consensus rating of “Hold” by the thirty-nine research firms that are covering the company, MarketBeat.com reports. Twenty-three analysts have rated the stock with a hold recommendation and sixteen have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $284.3030.

EXPE has been the subject of a number of recent analyst reports. Truist Financial lowered their price objective on Expedia Group from $252.00 to $246.00 and set a “hold” rating for the company in a research note on Monday, April 6th. Gordon Haskett cut their target price on Expedia Group from $320.00 to $290.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Robert W. Baird set a $290.00 target price on Expedia Group in a research note on Friday, May 8th. Dbs Bank raised shares of Expedia Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, May 11th. Finally, Susquehanna lifted their price target on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th.

Expedia Group Stock Up 3.4%

Shares of Expedia Group stock opened at $264.54 on Thursday. The business has a 50-day moving average of $236.13 and a 200-day moving average of $245.99. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market capitalization of $32.42 billion, a PE ratio of 23.29, a P/E/G ratio of 0.67 and a beta of 1.23. Expedia Group has a 1-year low of $169.23 and a 1-year high of $303.80.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping 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 business had revenue of $3.43 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter in the previous year, the firm posted $0.40 earnings per share. The company’s revenue was up 14.7% compared to the same quarter last year. As a group, equities analysts forecast that Expedia Group will post 16.98 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, May 28th. Expedia Group’s dividend payout ratio is 16.90%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction that occurred 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 sale, the chief accounting officer owned 14,083 shares in the company, valued at $3,124,454.38. This represents a 6.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the transaction, the insider directly owned 105,448 shares in the company, valued at approximately $24,569,384. This represents a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Expedia Group

Several institutional investors and hedge funds have recently made changes to their positions in the company. Motiv8 Investments LLC bought a new stake in Expedia Group in the fourth quarter valued at $25,000. Entrust Financial LLC acquired a new position in shares of Expedia Group during the fourth quarter valued at $26,000. JFS Wealth Advisors LLC grew its position in shares of Expedia Group by 78.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in shares of Expedia Group during the fourth quarter worth about $29,000. Finally, Sunbelt Securities Inc. increased its holdings in shares of Expedia Group by 970.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after acquiring an additional 165 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

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.