Expedia Group (NASDAQ:EXPE) Given “Market Perform” Rating at Citizens Jmp

Expedia Group (NASDAQ:EXPE)‘s stock had its “market perform” rating reiterated by Citizens Jmp in a report issued on Tuesday,Benzinga reports.

A number of other equities research analysts have also recently issued reports on the stock. Susquehanna restated a “neutral” rating on shares of Expedia Group in a report on Tuesday. Piper Sandler reissued a “neutral” rating and set a $225.00 price objective (down previously from $250.00) on shares of Expedia Group in a research report on Friday. KeyCorp started coverage on Expedia Group in a research note on Wednesday, October 22nd. They set a “sector weight” rating for the company. Citigroup lifted their price target on Expedia Group from $206.00 to $281.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 11th. Finally, Truist Financial upped their price target on Expedia Group from $210.00 to $252.00 and gave the stock a “hold” rating in a report on Tuesday, February 10th. Thirteen equities research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $288.23.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $205.32 on Tuesday. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.73 and a quick ratio of 0.74. The stock has a market capitalization of $25.16 billion, a P/E ratio of 21.01, a P/E/G ratio of 0.66 and a beta of 1.41. The business has a 50-day moving average of $272.36 and a two-hundred day moving average of $241.06. Expedia Group has a fifty-two week low of $130.01 and a fifty-two week high of $303.80.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share for the quarter, topping the consensus estimate of $3.32 by $0.46. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.The firm had revenue of $3.55 billion during the quarter, compared to analyst estimates of $3.41 billion. During the same period in the previous year, the company earned $2.39 EPS. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. On average, equities research analysts predict that Expedia Group will post 12.28 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Madhumita Moina Banerjee sold 1,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the completion of the transaction, the director directly owned 2,916 shares of the company’s stock, valued at approximately $752,328. This trade represents a 25.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Lance A. Soliday sold 849 shares of Expedia Group stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $248.08, for a total transaction of $210,619.92. Following the sale, the chief accounting officer owned 11,662 shares in the company, valued at approximately $2,893,108.96. This trade represents a 6.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 9.13% of the stock is owned by insiders.

Institutional Investors Weigh In On Expedia Group

Several large investors have recently modified their holdings of EXPE. Norges Bank acquired a new position in shares of Expedia Group in the 2nd quarter worth approximately $663,882,000. Wellington Management Group LLP raised its position in Expedia Group by 24,899.5% in the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after purchasing an additional 1,801,232 shares during the last quarter. AQR Capital Management LLC raised its position in 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 purchasing an additional 1,473,386 shares during the last quarter. LSV Asset Management boosted 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 worth $147,061,000 after purchasing an additional 725,797 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Expedia Group by 594.0% during the fourth quarter. First Trust Advisors LP now owns 583,830 shares of the online travel company’s stock worth $165,405,000 after purchasing an additional 499,706 shares during the last quarter. 90.76% of the stock is currently owned by 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.