The Goldman Sachs Group Increases Expedia Group (NASDAQ:EXPE) Price Target to $295.00

Expedia Group (NASDAQ:EXPE) had its target price boosted by stock analysts at The Goldman Sachs Group from $253.00 to $295.00 in a report issued on Friday, MarketBeat.com reports. The firm currently has a “buy” rating on the online travel company’s stock. The Goldman Sachs Group’s target price would suggest a potential upside of 14.23% from the company’s current price.

Several other analysts have also recently weighed in on the company. Wall Street Zen raised Expedia Group from a “hold” rating to a “buy” rating in a report on Monday, July 28th. Evercore ISI lifted their price target on shares of Expedia Group from $280.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday. Susquehanna increased their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a “neutral” rating in a report on Monday, August 11th. TD Cowen raised their price objective on shares of Expedia Group from $205.00 to $220.00 and gave the company a “hold” rating in a research note on Tuesday, October 21st. Finally, Morgan Stanley upped their target price on shares of Expedia Group from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, July 21st. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twenty-three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $253.00.

Expedia Group Stock Up 17.5%

NASDAQ:EXPE opened at $258.25 on Friday. The company has a market cap of $31.95 billion, a price-to-earnings ratio of 31.65, a P/E/G ratio of 1.15 and a beta of 1.58. 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’s fifty day moving average price is $219.50 and its two-hundred day moving average price is $192.33. Expedia Group has a 52-week low of $130.01 and a 52-week high of $264.20.

Expedia Group (NASDAQ:EXPE) last released its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, topping analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the previous 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. On average, analysts anticipate that Expedia Group will post 12.28 EPS for the current year.

Insider Activity

In related news, insider Robert J. Dzielak sold 3,306 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the completion of the sale, the insider owned 77,075 shares in the company, valued at $15,479,743. This represents a 4.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction, the director 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,816 shares of company stock valued at $2,009,132 in the last quarter. Company insiders own 9.13% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

Several institutional investors and hedge funds have recently modified their holdings of the business. Spire Wealth Management increased its stake in Expedia Group by 114.3% during the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after purchasing an additional 80 shares in the last quarter. McClarren Financial Advisors Inc. acquired a new position in shares of Expedia Group in the first quarter valued at approximately $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Expedia Group during the first quarter worth $28,000. GFG Capital LLC bought a new stake in shares of Expedia Group during the second quarter worth $29,000. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in shares of Expedia Group during the third quarter worth $30,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.

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.