Expedia Group (NASDAQ:EXPE) Price Target Raised to $300.00 at Argus

Expedia Group (NASDAQ:EXPE) had its price target hoisted by Argus from $265.00 to $300.00 in a research note published on Monday, MarketBeat Ratings reports. Argus currently has a buy rating on the online travel company’s stock.

Several other research firms also recently weighed in on EXPE. BTIG Research increased their price target on shares of Expedia Group from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Susquehanna lifted their target price on Expedia Group from $200.00 to $265.00 and gave the company a “neutral” rating in a research report on Monday. Truist Financial set a $210.00 price target on Expedia Group in a research report on Monday, October 27th. Evercore ISI lifted their price objective on Expedia Group from $280.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday. Finally, B. Riley boosted their price objective on Expedia Group from $260.00 to $300.00 and gave the company a “buy” rating in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and twenty-two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $259.66.

Expedia Group Price Performance

EXPE opened at $268.04 on Monday. The company’s 50-day simple moving average is $220.57 and its two-hundred day simple moving average is $193.34. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a market capitalization of $33.16 billion, a P/E ratio of 32.85, a P/E/G ratio of 1.15 and a beta of 1.58. Expedia Group has a 52-week low of $130.01 and a 52-week high of $270.22.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter last year, the company posted $6.13 earnings per share. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts predict that Expedia Group will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, November 19th. Expedia Group’s payout ratio is 15.31%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the transaction, the director owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents a 8.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,510 shares of company stock valued at $1,345,155 in the last 90 days. Insiders own 9.13% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EXPE. Spire Wealth Management lifted its position in Expedia Group by 114.3% during the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after purchasing an additional 80 shares during the last quarter. McClarren Financial Advisors Inc. purchased a new stake in shares of Expedia Group during the 1st quarter valued at about $28,000. Atlas Capital Advisors Inc. bought a new position in shares of Expedia Group in the 1st quarter valued at about $28,000. GFG Capital LLC purchased a new position in Expedia Group in the second quarter worth about $29,000. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in Expedia Group during the third quarter valued at approximately $30,000. 90.76% of the stock is owned by hedge funds and other 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.