Expedia Group (NASDAQ:EXPE) Releases Quarterly Earnings Results, Misses Expectations By $0.22 EPS

Expedia Group (NASDAQ:EXPE) issued its earnings results on Thursday. The online travel company reported $3.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.32 by ($0.22), Zacks reports. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.

Expedia Group Stock Performance

Expedia Group stock traded down $6.36 during mid-day trading on Thursday, reaching $227.24. The company had a trading volume of 6,009,628 shares, compared to its average volume of 2,376,813. The company has a 50 day moving average of $275.04 and a 200-day moving average of $239.91. 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 52 week low of $130.01 and a 52 week high of $303.80. The firm has a market cap of $27.84 billion, a price-to-earnings ratio of 21.75, a PEG ratio of 0.77 and a beta of 1.41.

Insider Activity

In other Expedia Group 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 owned 2,916 shares in the company, valued at $752,328. This trade represents a 25.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Lance A. Soliday sold 849 shares of Expedia Group stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $248.08, for a total value 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. The trade was a 6.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.13% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Expedia Group

A number of hedge funds have recently added to or reduced their stakes in EXPE. Zions Bancorporation National Association UT raised its position in Expedia Group by 13.0% in the 4th quarter. Zions Bancorporation National Association UT now owns 617 shares of the online travel company’s stock worth $175,000 after purchasing an additional 71 shares during the last quarter. Larson Financial Group LLC boosted its position in Expedia Group by 28.3% in the 3rd quarter. Larson Financial Group LLC now owns 326 shares of the online travel company’s stock valued at $70,000 after buying an additional 72 shares during the last quarter. Benjamin Edwards Inc. increased its stake in shares of Expedia Group by 4.3% in the 2nd quarter. Benjamin Edwards Inc. now owns 1,916 shares of the online travel company’s stock valued at $323,000 after buying an additional 79 shares during the period. Rakuten Securities Inc. lifted its stake in shares of Expedia Group by 23.8% during the second quarter. Rakuten Securities Inc. now owns 489 shares of the online travel company’s stock valued at $82,000 after acquiring an additional 94 shares during the period. Finally, IFM Investors Pty Ltd lifted its stake in shares of Expedia Group by 0.6% during the fourth quarter. IFM Investors Pty Ltd now owns 21,212 shares of the online travel company’s stock valued at $6,010,000 after acquiring an additional 117 shares during the period. Institutional investors own 90.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on EXPE. HSBC lifted their target price on Expedia Group from $272.00 to $365.00 and gave the company a “buy” rating in a research note on Friday, January 9th. Sanford C. Bernstein boosted their price objective on shares of Expedia Group from $210.00 to $256.00 and gave the company a “market perform” rating in a research report on Tuesday, January 6th. Bank of America upped their price objective on shares of Expedia Group from $285.00 to $326.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Royal Bank Of Canada increased their target price on shares of Expedia Group from $260.00 to $290.00 and gave the stock a “sector perform” rating in a research report on Wednesday, December 17th. Finally, Mizuho boosted their price target on shares of Expedia Group from $240.00 to $270.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Fourteen research analysts have rated the stock with a Buy rating and twenty have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $292.23.

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.