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

Expedia Group, Inc. (NASDAQ:EXPEGet Free Report) has earned an average rating of “Hold” from the thirty-four brokerages that are presently covering the company, MarketBeat reports. Twenty-one research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $290.8710.

A number of equities research analysts have recently commented on the company. Susquehanna raised their target price on Expedia Group from $200.00 to $265.00 and gave the company a “neutral” rating in a research report on Monday, November 10th. Robert W. Baird boosted their price objective on Expedia Group from $240.00 to $280.00 and gave the company an “outperform” rating in a research report on Friday, November 7th. DA Davidson reaffirmed a “neutral” rating and set a $294.00 target price on shares of Expedia Group in a research note on Thursday, December 11th. Truist Financial set a $210.00 price target on shares of Expedia Group in a research note on Monday, October 27th. Finally, BTIG Research lifted their target price on shares of Expedia Group from $275.00 to $330.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th.

Get Our Latest Research Report on Expedia Group

Expedia Group Trading Up 2.4%

Shares of NASDAQ:EXPE opened at $236.85 on Monday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group has a 12-month low of $130.01 and a 12-month high of $303.80. The business has a 50 day moving average of $276.50 and a two-hundred day moving average of $239.25. The company has a market capitalization of $29.02 billion, a PE ratio of 22.67, a PEG ratio of 0.76 and a beta of 1.42.

Expedia Group (NASDAQ:EXPEGet Free Report) last posted its earnings results 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. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The firm had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same period in the previous year, the firm earned $6.13 EPS. The business’s quarterly revenue was up 8.7% on a year-over-year basis. As a group, analysts forecast that Expedia Group will post 12.28 EPS for the current year.

Expedia Group News Summary

Here are the key news stories impacting Expedia Group this week:

Insider Buying and Selling

In other Expedia Group news, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the completion of the sale, the chief accounting officer directly owned 11,662 shares in the company, valued at approximately $2,893,108.96. The trade was a 6.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction, the director directly owned 2,916 shares of the company’s stock, valued at $752,328. The trade was a 25.54% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 4,849 shares of company stock worth $1,283,270. Insiders own 9.13% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Leith Wheeler Investment Counsel Ltd. raised its position in Expedia Group by 2.6% in the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock valued at $18,213,000 after purchasing an additional 2,767 shares during the period. Rakuten Investment Management Inc. acquired a new stake in Expedia Group in the 3rd quarter valued at about $1,063,000. Railway Pension Investments Ltd lifted its stake in Expedia Group by 19.6% in the third quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock worth $24,624,000 after acquiring an additional 18,900 shares during the last quarter. Convergence Investment Partners LLC acquired a new position in shares of Expedia Group during the third quarter worth $1,001,000. Finally, National Pension Service raised its position in shares of Expedia Group by 6.7% during the 3rd quarter. National Pension Service now owns 248,328 shares of the online travel company’s stock worth $53,080,000 after acquiring an additional 15,611 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

About Expedia Group

(Get Free Report)

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.

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Analyst Recommendations for Expedia Group (NASDAQ:EXPE)

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