Expedia Group (NASDAQ:EXPE) Reaches New 12-Month High – Should You Buy?

Expedia Group, Inc. (NASDAQ:EXPE) hit a new 52-week high on Wednesday . The company traded as high as $305.46 and last traded at $301.8590, with a volume of 293032 shares traded. The stock had previously closed at $295.79.

Key Headlines Impacting Expedia Group

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

Analysts Set New Price Targets

A number of equities analysts have commented on EXPE shares. TD Cowen boosted their target price on shares of Expedia Group from $260.00 to $285.00 and gave the stock a “hold” rating in a report on Wednesday, April 22nd. Gordon Haskett cut their price objective on shares of Expedia Group from $320.00 to $290.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. UBS Group boosted their price objective on shares of Expedia Group from $262.00 to $322.00 and gave the stock a “neutral” rating in a research note on Thursday. Piper Sandler increased their target price on shares of Expedia Group from $225.00 to $245.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $255.00 target price on shares of Expedia Group in a research note on Monday, July 20th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company. Based on data from MarketBeat, Expedia Group currently has an average rating of “Hold” and a consensus target price of $290.76.

Expedia Group Price Performance

The firm has a market capitalization of $35.90 billion, a PE ratio of 25.79, a P/E/G ratio of 0.80 and a beta of 1.23. The firm’s fifty day moving average price is $250.65 and its 200 day moving average price is $243.53. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, May 7th. The online travel company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The firm had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter last year, the company posted $0.40 earnings per share. The firm’s revenue was up 14.7% compared to the same quarter last year. As a group, equities analysts forecast that Expedia Group, Inc. will post 17.04 earnings per share for the current year.

Expedia Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, May 28th were paid a $0.48 dividend. The ex-dividend date was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.7%. Expedia Group’s dividend payout ratio is presently 16.90%.

Insider Activity

In related news, insider Robert J. Dzielak sold 4,702 shares of the firm’s stock in a transaction dated 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 sale, the insider directly owned 105,448 shares of the company’s stock, valued at $24,569,384. This trade represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the transaction, the chief accounting officer owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. This represents a 6.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 5.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Expedia Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. RHS Financial LLC raised its holdings in Expedia Group by 4.0% in the fourth quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock valued at $292,000 after buying an additional 40 shares during the period. Petredis Investment Advisors LLC grew its stake in Expedia Group by 3.2% during the first quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock worth $301,000 after buying an additional 40 shares during the period. Geneos Wealth Management Inc. increased its position in shares of Expedia Group by 8.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock worth $161,000 after acquiring an additional 43 shares in the last quarter. Ballentine Partners LLC increased its position in shares of Expedia Group by 2.2% in the fourth quarter. Ballentine Partners LLC now owns 2,225 shares of the online travel company’s stock worth $630,000 after acquiring an additional 47 shares in the last quarter. Finally, Beacon Financial Advisory LLC raised its stake in shares of Expedia Group by 3.0% in the 1st quarter. Beacon Financial Advisory LLC now owns 1,628 shares of the online travel company’s stock valued at $376,000 after acquiring an additional 48 shares during the period. Institutional investors and hedge funds 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.