Expedia Group’s (EXPE) “Buy” Rating Reaffirmed at BTIG Research

Expedia Group (NASDAQ:EXPE)‘s stock had its “buy” rating restated by analysts at BTIG Research in a report released on Tuesday,Benzinga reports. They presently have a $330.00 price objective on the online travel company’s stock. BTIG Research’s price target indicates a potential upside of 46.08% from the stock’s previous close.

Several other analysts have also weighed in on the company. Zacks Research lowered Expedia Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Sanford C. Bernstein cut their price objective on Expedia Group from $256.00 to $253.00 and set a “market perform” rating for the company in a report on Wednesday, March 11th. BMO Capital Markets upped their price objective on Expedia Group from $250.00 to $255.00 and gave the company a “market perform” rating in a report on Friday, February 13th. Barclays upped their price objective on Expedia Group from $260.00 to $264.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Finally, Bank of America upped their price objective on Expedia Group from $303.00 to $306.00 and gave the company a “buy” rating in a report on Friday, February 13th. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have given a Hold rating to the stock. Based on data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and an average price target of $284.42.

Expedia Group Trading Down 1.3%

Shares of EXPE stock opened at $225.90 on Tuesday. Expedia Group has a 1 year low of $160.00 and a 1 year high of $303.80. The firm has a market capitalization of $27.68 billion, a PE ratio of 19.89, a price-to-earnings-growth ratio of 0.60 and a beta of 1.25. The stock has a fifty day moving average of $234.20 and a two-hundred day moving average of $247.69. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.73 and a current ratio of 0.73.

Expedia Group (NASDAQ:EXPE) last announced its 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 firm 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 company earned $0.40 earnings per share. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. As a group, research analysts expect that Expedia Group will post 17.07 EPS for the current year.

Insider Buying and Selling at Expedia Group

In related news, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction 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 transaction, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of the company’s stock in a transaction on Friday, June 5th. The shares were 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 $24,569,384. The trade was a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 5.20% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Brighton Jones LLC acquired a new position in Expedia Group in the 4th quarter worth about $408,000. NewEdge Advisors LLC increased its position in Expedia Group by 5.0% in the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock worth $917,000 after purchasing an additional 259 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Expedia Group in the 2nd quarter worth about $596,000. Daiwa Securities Group Inc. increased its position in Expedia Group by 6.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock worth $3,587,000 after purchasing an additional 1,290 shares during the last quarter. Finally, AXA S.A. increased its position in Expedia Group by 5.9% in the 2nd quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock worth $1,863,000 after purchasing an additional 615 shares during the last quarter. 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.