Expedia Group (NASDAQ:EXPE) Stock Price Expected to Rise, TD Cowen Analyst Says

Expedia Group (NASDAQ:EXPE) had its price objective lifted by equities researchers at TD Cowen from $220.00 to $256.00 in a research report issued to clients and investors on Friday,MarketScreener reports. TD Cowen’s price objective suggests a potential downside of 0.87% from the company’s previous close.

A number of other equities analysts have also commented on EXPE. Bank of America lifted their price objective on Expedia Group from $211.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 price target on shares of Expedia Group in a research report on Wednesday, July 23rd. UBS Group upped their price target on Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Jefferies Financial Group raised their price objective on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “hold” rating in a research note on Friday, October 17th. Finally, Oppenheimer upped their target price on shares of Expedia Group from $250.00 to $290.00 and gave the company an “outperform” rating in a research note on Friday. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and twenty-three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Expedia Group currently has an average rating of “Hold” and a consensus price target of $253.00.

Expedia Group Trading Up 17.5%

NASDAQ:EXPE opened at $258.25 on Friday. The company’s 50 day moving average is $219.50 and its 200-day moving average is $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. Expedia Group has a 12 month low of $130.01 and a 12 month high of $264.20. 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 (NASDAQ:EXPE) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 7.94% and a return on equity of 56.25%. Expedia Group’s revenue was up 8.7% compared to the same quarter last year. During the same period last year, the business posted $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts anticipate that Expedia Group will post 12.28 EPS for the current year.

Insider Buying and Selling at Expedia Group

In related news, 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 completion of the transaction, the director directly owned 33,858 shares of the company’s stock, valued at $7,035,015.24. The trade was a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at approximately $2,477,971.68. This represents a 6.61% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 9,816 shares of company stock worth $2,009,132. 9.13% of the stock is currently owned by insiders.

Institutional Trading of Expedia Group

Several hedge funds have recently modified their holdings of EXPE. Vanguard Group Inc. lifted its holdings in Expedia Group by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 15,304,305 shares of the online travel company’s stock worth $2,581,530,000 after buying an additional 102,494 shares in the last quarter. Norges Bank bought a new position in Expedia Group in the second quarter valued at about $663,882,000. Geode Capital Management LLC increased its position in Expedia Group by 1.7% in the second quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock worth $574,364,000 after purchasing an additional 58,244 shares during the period. AQR Capital Management LLC lifted its position in Expedia Group by 102.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock valued at $492,152,000 after purchasing an additional 1,473,386 shares during the period. Finally, Alkeon Capital Management LLC boosted its stake in shares of Expedia Group by 4.2% in the 2nd quarter. Alkeon Capital Management LLC now owns 2,475,276 shares of the online travel company’s stock valued at $417,530,000 after purchasing an additional 100,000 shares during the last quarter. 90.76% of the stock is owned by 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.