Expedia Group (NASDAQ:EXPE) Hits New 1-Year High – Here’s What Happened

Shares of Expedia Group, Inc. (NASDAQ:EXPE) hit a new 52-week high during trading on Friday . The stock traded as high as $213.60 and last traded at $213.50, with a volume of 299994 shares. The stock had previously closed at $205.35.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on EXPE shares. Wells Fargo & Company reaffirmed a “positive” rating on shares of Expedia Group in a research report on Friday, August 8th. The Goldman Sachs Group reduced their target price on Expedia Group from $219.00 to $183.00 and set a “buy” rating for the company in a research report on Friday, May 9th. Benchmark raised their target price on Expedia Group from $215.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Cowen reaffirmed a “hold” rating on shares of Expedia Group in a research report on Friday, August 8th. Finally, Susquehanna raised their target price on Expedia Group from $175.00 to $200.00 and gave the stock a “neutral” rating in a research report on Monday, August 11th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Expedia Group currently has a consensus rating of “Hold” and a consensus price target of $205.63.

Expedia Group Stock Up 4.6%

The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a 50 day simple moving average of $183.52 and a 200-day simple moving average of $175.12. The stock has a market capitalization of $26.58 billion, a price-to-earnings ratio of 26.32, a price-to-earnings-growth ratio of 1.10 and a beta of 1.61.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The firm had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same period in the prior year, the company posted $3.51 earnings per share. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be paid a $0.40 dividend. The ex-dividend date is Thursday, August 28th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio (DPR) is 19.61%.

Insider Activity at Expedia Group

In related news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the transaction, the director directly owned 33,858 shares of the company’s stock, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the transaction, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,816 shares of company stock valued at $2,009,132 over the last ninety days. 9.13% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Spire Wealth Management raised its holdings in shares of Expedia Group by 114.3% in the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Minot DeBlois Advisors LLC bought a new position in shares of Expedia Group in the fourth quarter valued at about $27,000. McClarren Financial Advisors Inc. bought a new position in shares of Expedia Group in the first quarter valued at about $28,000. Atlas Capital Advisors Inc. bought a new position in shares of Expedia Group in the first quarter valued at about $28,000. Finally, GFG Capital LLC bought a new position in shares of Expedia Group in the second quarter valued at about $29,000. 90.76% of the stock is owned by institutional investors.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.