Brokerages Set Expedia Group, Inc. (NASDAQ:EXPE) PT at $284.42

Expedia Group, Inc. (NASDAQ:EXPE) has earned an average recommendation of “Hold” from the thirty-nine ratings firms that are covering the firm, Marketbeat Ratings reports. Twenty-three analysts have rated the stock with a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $284.4242.

A number of brokerages recently commented on EXPE. Morgan Stanley raised their price objective on shares of Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Cantor Fitzgerald restated a “neutral” rating and issued a $240.00 price objective on shares of Expedia Group in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Expedia Group from $244.00 to $230.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Citigroup restated a “neutral” rating on shares of Expedia Group in a research report on Monday, May 18th. Finally, Wall Street Zen upgraded shares of Expedia Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th.

Insider Transactions at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the completion of the transaction, the chief accounting officer directly 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 filing with the SEC, which is accessible through the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction dated Friday, June 5th. The shares were 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 of the company’s stock, valued at approximately $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in EXPE. Orion Porfolio Solutions LLC increased its stake in shares of Expedia Group by 0.4% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock worth $2,098,000 after purchasing an additional 38 shares in the last quarter. RHS Financial LLC increased its stake in shares of Expedia Group by 4.0% during the 4th quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock worth $292,000 after purchasing an additional 40 shares in the last quarter. Petredis Investment Advisors LLC increased its stake in shares of Expedia Group by 3.2% during the 1st quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock worth $301,000 after purchasing an additional 40 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Expedia Group by 8.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock worth $161,000 after purchasing an additional 43 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its stake in shares of Expedia Group by 16.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock worth $90,000 after purchasing an additional 44 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

Expedia Group Price Performance

Shares of NASDAQ:EXPE opened at $224.89 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43. The company has a market cap of $27.56 billion, a P/E ratio of 19.80, a PEG ratio of 0.59 and a beta of 1.25. Expedia Group has a 52 week low of $160.00 and a 52 week high of $303.80. The company has a 50-day moving average price of $233.97 and a 200 day moving average price of $247.19.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.55. The firm had revenue of $3.43 billion during 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 firm’s revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.40 earnings per share. Research analysts predict that Expedia Group will post 17.07 earnings per share for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.9%. Expedia Group’s dividend payout ratio (DPR) is 16.90%.

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.