Expedia Group (NASDAQ:EXPE) Given New $235.00 Price Target at Deutsche Bank Aktiengesellschaft

Expedia Group (NASDAQ:EXPE) had its price objective raised by Deutsche Bank Aktiengesellschaft from $185.00 to $235.00 in a research report sent to investors on Friday,MarketScreener reports. They currently have a hold rating on the online travel company’s stock.

EXPE has been the topic of several other research reports. Wedbush upped their price objective on shares of Expedia Group from $220.00 to $230.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Truist Financial set a $210.00 target price on Expedia Group in a research report on Monday, October 27th. Sanford C. Bernstein set a $210.00 price target on Expedia Group in a report on Monday, August 11th. Wells Fargo & Company raised their price objective on Expedia Group from $211.00 to $212.00 and gave the company an “equal weight” rating in a research note on Monday, October 6th. Finally, UBS Group upped their target price on Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twenty-three have assigned a Hold rating to the company’s stock. According to MarketBeat, Expedia Group presently has an average rating of “Hold” and an average price target of $253.00.

Expedia Group Trading Up 17.5%

Shares of Expedia Group stock traded up $38.55 on Friday, reaching $258.25. 7,650,683 shares of the company’s stock were exchanged, compared to its average volume of 2,026,855. The company has a market capitalization of $31.95 billion, a P/E ratio of 31.65, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58. Expedia Group has a 52 week low of $130.01 and a 52 week high of $264.20. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The firm’s 50-day moving average is $219.50 and its two-hundred day moving average is $192.05.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating the consensus estimate of $7.10 by $0.47. The company had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts predict that Expedia Group will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th will be paid a $0.40 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio is presently 15.31%.

Insider Activity at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of the company’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the transaction, the chief accounting officer owned 12,036 shares in the company, valued at $2,477,971.68. This represents a 6.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the transaction, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. The trade was a 8.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,816 shares of company stock valued at $2,009,132 over the last ninety days. Corporate insiders own 9.13% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in Expedia Group in the second quarter valued at approximately $663,882,000. AQR Capital Management LLC raised its stake in shares of Expedia Group by 102.0% in the second quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock valued at $492,152,000 after buying an additional 1,473,386 shares during the period. Nuveen LLC purchased a new position in shares of Expedia Group during the 1st quarter valued at $227,174,000. Los Angeles Capital Management LLC grew its stake in shares of Expedia Group by 3,369.4% during the 1st quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock worth $172,995,000 after acquiring an additional 999,454 shares during the period. Finally, LSV Asset Management grew its stake in shares of Expedia Group by 497.0% during 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 period. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.