Brokerages Set Expedia Group, Inc. (NASDAQ:EXPE) PT at $290.10

Expedia Group, Inc. (NASDAQ:EXPE) has been given an average recommendation of “Hold” by the thirty-six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Twenty-two investment analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $291.5161.

EXPE has been the topic of several research reports. BTIG Research raised their price objective on Expedia Group from $275.00 to $330.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Expedia Group in a research report on Monday, December 29th. Bank of America lifted their price objective on Expedia Group from $285.00 to $326.00 and gave the company a “buy” rating in a report on Friday, December 19th. Oppenheimer increased their target price on shares of Expedia Group from $250.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Finally, B. Riley raised their target price on shares of Expedia Group from $300.00 to $360.00 and gave the company a “buy” rating in a research report on Monday, January 12th.

Expedia Group Trading Up 0.9%

Shares of EXPE opened at $236.48 on Monday. The firm has a market capitalization of $28.98 billion, a price-to-earnings ratio of 22.63, a PEG ratio of 0.76 and a beta of 1.41. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.74 and a quick ratio of 0.74. Expedia Group has a 1-year low of $130.01 and a 1-year high of $303.80. The company has a 50-day moving average of $277.40 and a 200 day moving average of $238.27.

Expedia Group (NASDAQ:EXPE) last issued its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping 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 9.66% and a return on equity of 64.15%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the company posted $6.13 earnings per share. On average, research analysts expect that Expedia Group will post 12.28 EPS for the current year.

Insider Activity at Expedia Group

In related news, CAO Lance A. Soliday sold 849 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $248.08, for a total value of $210,619.92. Following the completion of the transaction, the chief accounting officer owned 11,662 shares of the company’s stock, valued at $2,893,108.96. The trade was a 6.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Madhumita Moina Banerjee sold 1,000 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $258.00, for a total value of $258,000.00. Following the sale, the director owned 2,916 shares of the company’s stock, valued at approximately $752,328. This represents a 25.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,849 shares of company stock valued at $1,283,270 over the last ninety days. 9.13% of the stock is owned by company insiders.

Hedge Funds Weigh In On Expedia Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Spire Wealth Management lifted its position in shares of Expedia Group by 114.3% during the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. JFS Wealth Advisors LLC grew its position in shares of Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock worth $28,000 after buying an additional 44 shares during the last quarter. GFG Capital LLC bought a new position in shares of Expedia Group during the 2nd quarter worth approximately $29,000. Lodestone Wealth Management LLC purchased a new stake in Expedia Group during the fourth quarter valued at approximately $29,000. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in Expedia Group in the third quarter valued at approximately $30,000. Hedge funds and other institutional investors 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.