Expedia Group (NASDAQ:EXPE) Price Target Raised to $300.00

Expedia Group (NASDAQ:EXPE) had its target price raised by TD Cowen from $256.00 to $300.00 in a research report report published on Tuesday morning,MarketScreener reports.

EXPE has been the subject of several other reports. Truist Financial set a $210.00 price objective on Expedia Group in a research report on Monday, October 27th. Susquehanna boosted their target price on Expedia Group from $200.00 to $265.00 and gave the company a “neutral” rating in a research note on Monday, November 10th. HSBC upped their price target on Expedia Group from $272.00 to $365.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. DA Davidson reiterated a “neutral” rating and issued a $294.00 price objective on shares of Expedia Group in a report on Thursday, December 11th. Finally, BTIG Research boosted their price objective on shares of Expedia Group from $275.00 to $330.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and twenty-two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Expedia Group has a consensus rating of “Hold” and a consensus price target of $291.84.

Expedia Group Stock Down 2.2%

Shares of EXPE stock opened at $231.30 on Tuesday. The firm has a fifty day moving average of $276.87 and a 200-day moving average of $238.22. The company has a quick ratio of 0.74, a current 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 company has a market capitalization of $28.34 billion, a price-to-earnings ratio of 22.13, a P/E/G ratio of 0.76 and a beta of 1.41.

Expedia Group (NASDAQ:EXPE) last posted its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating the consensus estimate of $7.10 by $0.47. The business had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Expedia Group had a net margin of 9.66% and a return on equity of 64.15%. The firm’s revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.13 EPS. As a group, equities research analysts predict that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $271.55, for a total transaction of $814,650.00. Following the sale, the director directly owned 30,858 shares of the company’s stock, valued at approximately $8,379,489.90. This represents a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 completion of the transaction, the chief accounting officer directly owned 11,662 shares of the company’s stock, valued at approximately $2,893,108.96. This trade represents a 6.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over 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.

Hedge Funds Weigh In On Expedia Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Expedia Group by 0.7% in the second quarter. Vanguard Group Inc. now owns 15,304,305 shares of the online travel company’s stock valued at $2,581,530,000 after buying an additional 102,494 shares during the last quarter. Norges Bank acquired a new position in shares of Expedia Group during the 2nd quarter worth approximately $663,882,000. Windacre Partnership LLC raised its stake in Expedia Group by 9.2% in the 3rd quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock valued at $787,049,000 after acquiring an additional 309,900 shares during the period. AQR Capital Management LLC lifted its holdings in Expedia Group by 25.0% during the 3rd quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after purchasing an additional 728,063 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Expedia Group by 1.7% during the 2nd quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock valued at $574,364,000 after purchasing an additional 58,244 shares during the last quarter. Institutional investors own 90.76% of the company’s stock.

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.