Expedia Group (NASDAQ:EXPE) Price Target Cut to $230.00 by Analysts at Deutsche Bank Aktiengesellschaft

Expedia Group (NASDAQ:EXPE) had its price target lowered by Deutsche Bank Aktiengesellschaft from $244.00 to $230.00 in a report issued on Monday,MarketScreener reports. The brokerage presently has a “hold” rating on the online travel company’s stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 5.29% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. Piper Sandler lifted their price target on shares of Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Evercore restated an “outperform” rating on shares of Expedia Group in a research report on Monday, February 9th. Citigroup reaffirmed a “neutral” rating on shares of Expedia Group in a research note on Monday. BTIG Research reaffirmed a “buy” rating and issued a $330.00 target price on shares of Expedia Group in a research note on Monday. Finally, Citic Securities dropped their target price on shares of Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a research note on Friday. Sixteen research analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $284.42.

Expedia Group Price Performance

EXPE stock traded up $0.72 during trading on Monday, hitting $218.45. 378,286 shares of the stock traded hands, compared to its average volume of 2,337,917. Expedia Group has a one year low of $156.05 and a one year high of $303.80. The stock has a market cap of $26.77 billion, a price-to-earnings ratio of 19.32, a P/E/G ratio of 0.68 and a beta of 1.30. The company has a 50 day simple moving average of $238.81 and a 200 day simple moving average of $249.58. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm had revenue of $3.43 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same period last year, the firm posted $0.40 EPS. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. Equities analysts expect that Expedia Group will post 16.64 EPS for the current fiscal year.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 8,225 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the completion of the sale, the insider directly owned 102,480 shares of the company’s stock, valued at $22,629,633.60. The trade was a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 5.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Expedia Group

Institutional investors and hedge funds have recently modified their holdings of the business. Motiv8 Investments LLC bought a new stake in shares of Expedia Group during the fourth quarter worth approximately $25,000. Entrust Financial LLC bought a new position in Expedia Group during the 4th quarter worth approximately $26,000. JFS Wealth Advisors LLC boosted its stake in Expedia Group by 78.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after acquiring an additional 44 shares during the last quarter. Lodestone Wealth Management LLC bought a new stake in Expedia Group in the fourth quarter valued at approximately $29,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in Expedia Group in the third quarter valued at approximately $30,000. 90.76% of the stock is 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.