Expedia Group (NASDAQ:EXPE – Free Report) had its target price upped by Morgan Stanley from $290.00 to $300.00 in a report released on Thursday, Marketbeat reports. The brokerage currently has an equal weight rating on the online travel company’s stock.
A number of other research analysts have also weighed in on the stock. Gordon Haskett decreased their target price on shares of Expedia Group from $320.00 to $290.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Piper Sandler increased their price target on Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Robert W. Baird lifted their price objective on Expedia Group from $290.00 to $294.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Jefferies Financial Group boosted their price objective on Expedia Group from $300.00 to $310.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, Dbs Bank raised Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Seventeen equities research analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the stock. According to MarketBeat, Expedia Group presently has an average rating of “Hold” and a consensus price target of $290.76.
Get Our Latest Analysis on Expedia Group
Expedia Group Price Performance
Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.55. The firm had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same period last year, the firm posted $0.40 earnings per share. On average, equities analysts anticipate that Expedia Group will post 17.04 EPS for the current fiscal year.
Expedia Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, May 28th. Expedia Group’s dividend payout ratio is presently 16.90%.
Insider Buying and Selling at Expedia Group
In other news, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the transaction, the insider directly owned 105,448 shares in the company, valued at approximately $24,569,384. This represents a 4.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 940 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total value of $208,548.40. Following the sale, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at $3,124,454.38. The trade was a 6.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.20% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of EXPE. Corient Private Wealth LLC lifted its holdings in shares of Expedia Group by 17.8% in the 4th quarter. Corient Private Wealth LLC now owns 61,211 shares of the online travel company’s stock worth $17,344,000 after acquiring an additional 9,256 shares during the last quarter. Monument Capital Management purchased a new position in shares of Expedia Group during the 4th quarter worth approximately $2,781,000. Lmcg Investments LLC increased its holdings in Expedia Group by 276.0% in the 4th quarter. Lmcg Investments LLC now owns 9,655 shares of the online travel company’s stock valued at $2,735,000 after purchasing an additional 7,087 shares during the last quarter. North Dakota State Investment Board acquired a new stake in Expedia Group in the 4th quarter valued at approximately $3,027,000. Finally, Lombard Odier Asset Management Switzerland SA acquired a new stake in Expedia Group in the 1st quarter valued at approximately $910,000. Institutional investors and hedge funds own 90.76% of the company’s stock.
Key Expedia Group News
Here are the key news stories impacting Expedia Group this week:
- Positive Sentiment: UBS raised its price target for Expedia from $262 to $322, implying approximately 9.9% upside from the referenced share price. However, it maintained a Neutral rating, suggesting valuation and execution risks remain balanced. Benzinga article
- Positive Sentiment: Expedia’s 50-day moving average recently crossed above its 200-day moving average, creating a “golden cross.” This technical signal is often viewed as evidence of improving momentum and may attract technical-focused buyers. Expedia golden cross article
- Positive Sentiment: Zacks identified Expedia as a strong value and momentum stock, which could support investor interest following its recent rally. Expedia value stock article Expedia momentum stock article
- Neutral Sentiment: Morgan Stanley increased its target from $290 to $300 but retained an Equal Weight rating, indicating limited expected outperformance at current levels. The Fly article
- Neutral Sentiment: Wall Street commentary remains mixed ahead of Expedia’s upcoming earnings report. Analysts are expecting earnings growth and a potential beat, making guidance and forward booking trends key catalysts. Expedia earnings expectations article
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.
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