Expedia Group (NASDAQ:EXPE) Given New $285.00 Price Target at Cantor Fitzgerald

Expedia Group (NASDAQ:EXPE) had its target price boosted by Cantor Fitzgerald from $220.00 to $285.00 in a report published on Friday morning,MarketScreener reports. The brokerage currently has a neutral rating on the online travel company’s stock.

A number of other research firms have also weighed in on EXPE. DA Davidson boosted their target price on Expedia Group from $174.00 to $218.00 and gave the stock a “neutral” rating in a report on Friday, August 8th. Morgan Stanley lifted their price objective on shares of Expedia Group from $150.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Monday, July 21st. JPMorgan Chase & Co. increased their price objective on shares of Expedia Group from $225.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday. KeyCorp started coverage on shares of Expedia Group in a research note on Wednesday, October 22nd. They set a “sector weight” rating for the company. Finally, Wells Fargo & Company upped their price target on shares of Expedia Group from $212.00 to $272.00 and gave the company an “equal weight” rating in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twenty-three have given 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 $253.00.

Expedia Group Stock Performance

Shares of EXPE stock traded up $38.55 on Friday, reaching $258.25. The stock had a trading volume of 7,650,683 shares, compared to its average volume of 2,026,855. Expedia Group has a 12 month low of $130.01 and a 12 month high of $264.20. The firm has a market capitalization of $31.95 billion, a price-to-earnings ratio of 31.65, a P/E/G ratio of 1.15 and a beta of 1.58. The firm’s 50-day moving average is $219.50 and its two-hundred day moving average is $192.05. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 56.25% and a net margin of 7.94%.The business’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.13 earnings per share. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts expect that Expedia Group will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders 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 yield of 0.6%. Expedia Group’s payout ratio is 15.31%.

Insiders Place Their Bets

In related news, insider Robert J. Dzielak sold 3,306 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $200.84, for a total transaction of $663,977.04. Following the sale, the insider owned 77,075 shares of the company’s stock, valued at $15,479,743. This represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the firm’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 transaction, the chief accounting officer owned 12,036 shares in the company, valued at approximately $2,477,971.68. This trade represents a 6.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 9,816 shares of company stock worth $2,009,132 in the last quarter. Corporate insiders own 9.13% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Norges Bank bought a new stake in Expedia Group during the second quarter worth about $663,882,000. AQR Capital Management LLC raised its position 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 valued at $492,152,000 after buying an additional 1,473,386 shares in the last quarter. Nuveen LLC bought a new stake in shares of Expedia Group during the 1st quarter worth approximately $227,174,000. Los Angeles Capital Management LLC boosted its position 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 in the last quarter. Finally, LSV Asset Management increased its stake in Expedia Group by 497.0% in the second quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock valued at $147,061,000 after acquiring an additional 725,797 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

About Expedia Group

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.