Expedia Group (NASDAQ:EXPE) Sets New 1-Year High – Still a Buy?

Expedia Group, Inc. (NASDAQ:EXPE)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $332.00 and last traded at $324.1070, with a volume of 416 shares. The stock had previously closed at $325.57.

Analyst Ratings Changes

Several brokerages have issued reports on EXPE. Evercore reaffirmed an “outperform” rating on shares of Expedia Group in a research report on Thursday, August 6th. Citic Securities reduced their price target on Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, May 15th. TD Cowen upped their price objective on Expedia Group from $285.00 to $320.00 and gave the stock a “hold” rating in a research note on Friday, August 7th. Wall Street Zen downgraded Expedia Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, DA Davidson cut their target price on Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. Seventeen research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and a consensus price target of $311.76.

Expedia Group Stock Down 0.9%

The company’s fifty day simple moving average is $266.45 and its 200-day simple moving average is $245.16. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market capitalization of $39.55 billion, a PE ratio of 20.04, a price-to-earnings-growth ratio of 0.78 and a beta of 1.22.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Wednesday, August 5th. The online travel company reported $5.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.22 by $0.54. The business had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.17 billion. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%.The business’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the prior year, the firm posted $4.24 earnings per share. On average, analysts forecast that Expedia Group, Inc. will post 17.18 EPS for the current year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 27th. Expedia Group’s dividend payout ratio is currently 11.97%.

Insider Transactions at Expedia Group

In other Expedia Group news, 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 completion of the sale, the chief accounting officer owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total value of $1,095,566.00. Following the sale, the insider owned 105,448 shares in the company, valued at $24,569,384. The trade was a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 5.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Motiv8 Investments LLC acquired a new position in shares of Expedia Group in the 4th quarter valued at $25,000. Entrust Financial LLC acquired a new stake in Expedia Group during the 4th quarter worth about $26,000. Sunbelt Securities Inc. lifted its position in Expedia Group by 970.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 182 shares of the online travel company’s stock worth $39,000 after acquiring an additional 165 shares during the period. Elevation Wealth Partners LLC grew its stake in Expedia Group by 272.9% during the 2nd quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock valued at $46,000 after purchasing an additional 131 shares during the last quarter. Finally, DV Equities LLC purchased a new stake in Expedia Group during the 4th quarter valued at about $46,000. Hedge funds and other 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.