Expedia Group (NASDAQ:EXPE) Price Target Raised to $272.00 at HSBC

Expedia Group (NASDAQ:EXPE) had its target price lifted by HSBC from $232.00 to $272.00 in a report released on Friday morning,MarketScreener reports. HSBC currently has a buy rating on the online travel company’s stock.

Other research analysts have also issued reports about the company. Morgan Stanley upped their target price on Expedia Group from $150.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Monday, July 21st. KeyCorp began coverage on Expedia Group in a research note on Wednesday, October 22nd. They issued a “sector weight” rating for the company. Oppenheimer raised their price objective on shares of Expedia Group from $250.00 to $290.00 and gave the company an “outperform” rating in a research report on Friday. Mizuho started coverage on shares of Expedia Group in a research note on Tuesday, September 30th. They issued a “neutral” rating and a $240.00 target price for the company. Finally, UBS Group increased their price target on shares of Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twenty-three have assigned a Hold rating to the company. According to data from MarketBeat.com, Expedia Group currently has an average rating of “Hold” and a consensus price target of $253.00.

Expedia Group Stock Up 17.5%

Shares of EXPE traded up $38.55 during trading hours on Friday, reaching $258.25. The company’s stock had a trading volume of 7,650,683 shares, compared to its average volume of 2,026,855. The company has a 50 day moving average of $219.50 and a two-hundred day moving average of $192.05. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The firm 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. Expedia Group has a 1-year low of $130.01 and a 1-year high of $264.20.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same period in the previous year, the firm posted $6.13 earnings per share. The firm’s 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, research analysts predict that Expedia Group will post 12.28 EPS for the current fiscal year.

Expedia Group Announces Dividend

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

Insider Activity at Expedia Group

In other news, insider Robert J. Dzielak sold 2,658 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the sale, the insider directly owned 74,417 shares in the company, valued at approximately $15,297,902.69. The trade was a 3.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares in the company, valued at $7,035,015.24. This trade represents a 8.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 9,816 shares of company stock worth $2,009,132. Company 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. Essex Financial Services Inc. acquired a new position in Expedia Group in the third quarter worth about $210,000. Cercano Management LLC bought a new stake in shares of Expedia Group in the 3rd quarter valued at approximately $271,000. Syon Capital LLC raised its holdings in shares of Expedia Group by 83.9% in the 3rd quarter. Syon Capital LLC now owns 4,844 shares of the online travel company’s stock worth $1,035,000 after buying an additional 2,210 shares in the last quarter. Ingalls & Snyder LLC raised its holdings in shares of Expedia Group by 0.9% in the 3rd quarter. Ingalls & Snyder LLC now owns 143,739 shares of the online travel company’s stock worth $30,724,000 after buying an additional 1,311 shares in the last quarter. Finally, Beirne Wealth Consulting Services LLC bought a new position in shares of Expedia Group during the 3rd quarter worth approximately $311,000. 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.