Brokerages Set Expedia Group, Inc. (NASDAQ:EXPE) PT at $276.84

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been given an average rating of “Hold” by the thirty-eight brokerages that are covering the firm, Marketbeat Ratings reports. Twenty-four analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $278.6774.

A number of equities research analysts recently commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Expedia Group in a report on Monday, December 29th. JPMorgan Chase & Co. increased their target price on Expedia Group from $225.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. BTIG Research lifted their price target on Expedia Group from $275.00 to $330.00 and gave the company a “buy” rating in a research note on Tuesday. The Goldman Sachs Group boosted their price target on Expedia Group from $253.00 to $295.00 and gave the company a “buy” rating in a report on Friday, November 7th. Finally, UBS Group increased their price objective on Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a report on Friday, October 24th.

Insider Activity

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction 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 sale, the director directly owned 2,916 shares in the company, valued at approximately $752,328. The trade was a 25.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $248.08, for a total transaction of $210,619.92. Following the sale, the chief accounting officer directly owned 11,662 shares in the company, valued at $2,893,108.96. This trade represents a 6.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 4,849 shares of company stock worth $1,283,270 over the last ninety days. Insiders own 9.13% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

Several hedge funds have recently modified their holdings of EXPE. OMNI 360 Wealth Inc. acquired a new stake in shares of Expedia Group during the 2nd quarter worth approximately $325,000. Leith Wheeler Investment Counsel Ltd. lifted its stake in Expedia Group by 2.6% during the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 107,973 shares of the online travel company’s stock worth $18,213,000 after purchasing an additional 2,767 shares during the last quarter. Railway Pension Investments Ltd lifted its stake in Expedia Group by 19.6% during the third quarter. Railway Pension Investments Ltd now owns 115,200 shares of the online travel company’s stock worth $24,624,000 after purchasing an additional 18,900 shares during the last quarter. Vise Technologies Inc. acquired a new stake in shares of Expedia Group in the 2nd quarter valued at $2,351,000. Finally, Brighton Jones LLC increased its stake in shares of Expedia Group by 44.1% in the 3rd quarter. Brighton Jones LLC now owns 16,311 shares of the online travel company’s stock valued at $3,486,000 after purchasing an additional 4,988 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Down 1.7%

NASDAQ:EXPE opened at $296.33 on Thursday. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. The business’s 50-day simple moving average is $267.43 and its 200-day simple moving average is $226.02. Expedia Group has a fifty-two week low of $130.01 and a fifty-two week high of $303.80. The stock has a market capitalization of $36.31 billion, a PE ratio of 28.36, a price-to-earnings-growth ratio of 1.07 and a beta of 1.43.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.The business had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the prior year, the business earned $6.13 EPS. Expedia Group’s revenue for the quarter was up 8.7% compared to the same quarter last year. Sell-side analysts expect that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is currently 15.31%.

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.