Expedia Group (NASDAQ:EXPE) Price Target Raised to $350.00

Expedia Group (NASDAQ:EXPE) had its price objective boosted by Evercore ISI from $280.00 to $350.00 in a research note published on Friday morning, Marketbeat reports. They currently have an outperform rating on the online travel company’s stock.

EXPE has been the topic of a number of other research reports. TD Cowen raised their price target on Expedia Group from $205.00 to $220.00 and gave the stock a “hold” rating in a research note on Tuesday, October 21st. UBS Group increased their price objective on Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 target price on shares of Expedia Group in a research note on Wednesday, July 23rd. Mizuho began coverage on Expedia Group in a report on Tuesday, September 30th. They issued a “neutral” rating and a $240.00 target price for the company. Finally, Sanford C. Bernstein set a $210.00 price objective on shares of Expedia Group in a research note on Monday, August 11th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and twenty-three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $253.00.

Expedia Group Stock Performance

NASDAQ:EXPE opened at $258.25 on Friday. Expedia Group has a 12 month low of $130.01 and a 12 month high of $264.20. 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 market capitalization of $31.95 billion, a PE ratio of 31.65, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58. The business’s fifty day moving average price is $219.50 and its 200 day moving average price is $192.58.

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

Expedia Group Announces Dividend

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

Insider Activity

In related news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the transaction, the director directly owned 33,858 shares in the company, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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 sale, the chief accounting officer owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This trade represents a 6.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 9,816 shares of company stock valued at $2,009,132 over the last 90 days. Insiders own 9.13% of the company’s stock.

Institutional Trading of Expedia Group

Several institutional investors have recently made changes to their positions in EXPE. Bessemer Group Inc. lifted its position in Expedia Group by 0.8% during the 3rd quarter. Bessemer Group Inc. now owns 6,201 shares of the online travel company’s stock worth $1,325,000 after acquiring an additional 52 shares in the last quarter. First Horizon Advisors Inc. boosted its stake in Expedia Group by 4.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,346 shares of the online travel company’s stock valued at $227,000 after acquiring an additional 55 shares during the last quarter. Blue Trust Inc. grew its position in shares of Expedia Group by 8.0% in the 3rd quarter. Blue Trust Inc. now owns 745 shares of the online travel company’s stock worth $159,000 after acquiring an additional 55 shares in the last quarter. Millington Financial Advisors LLC lifted its holdings in Expedia Group by 0.4% in the third quarter. Millington Financial Advisors LLC now owns 13,308 shares of the online travel company’s stock worth $2,870,000 after acquiring an additional 55 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its stake in Expedia Group by 43.2% in the third quarter. Westside Investment Management Inc. now owns 189 shares of the online travel company’s stock valued at $41,000 after acquiring an additional 57 shares during the period. 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.