Expedia Group (NASDAQ:EXPE) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Expedia Group (NASDAQ:EXPE) had its target price lifted by stock analysts at Deutsche Bank Aktiengesellschaft from $235.00 to $245.00 in a research report issued on Wednesday,MarketScreener reports. The firm presently has a “hold” rating on the online travel company’s stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 5.97% from the stock’s previous close.

A number of other analysts have also commented on the company. JPMorgan Chase & Co. raised their price target on Expedia Group from $225.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. BNP Paribas Exane started coverage on Expedia Group in a research note on Monday, November 24th. They issued a “hold” rating on the stock. Evercore ISI raised their price objective on Expedia Group from $280.00 to $350.00 and gave the company an “outperform” rating in a research report on Tuesday, November 25th. DA Davidson restated a “neutral” rating and set a $294.00 target price on shares of Expedia Group in a report on Thursday, December 11th. Finally, The Goldman Sachs Group increased their price target on shares of Expedia Group from $295.00 to $325.00 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and twenty-two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $291.84.

Expedia Group Trading Down 2.2%

Shares of EXPE stock traded down $5.29 during mid-day trading on Wednesday, reaching $231.19. The stock had a trading volume of 1,338,416 shares, compared to its average volume of 2,035,269. The firm has a market capitalization of $28.33 billion, a PE ratio of 22.12, a price-to-earnings-growth ratio of 0.76 and a beta of 1.41. The stock’s 50-day moving average price is $277.40 and its two-hundred day moving average price is $238.27. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.72. Expedia Group has a 52-week low of $130.01 and a 52-week high of $303.80.

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, topping the consensus estimate of $7.10 by $0.47. The company had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Expedia Group had a return on equity of 64.15% and a net margin of 9.66%.Expedia Group’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period last year, the firm earned $6.13 earnings per share. Equities analysts expect that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Insider Activity at Expedia Group

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

Hedge Funds Weigh In On Expedia Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Stephens Inc. AR grew its stake in shares of Expedia Group by 261.2% during the 4th quarter. Stephens Inc. AR now owns 8,108 shares of the online travel company’s stock valued at $2,297,000 after purchasing an additional 5,863 shares during the period. AlphaCore Capital LLC bought a new position in Expedia Group in the fourth quarter worth approximately $465,000. DNB Asset Management AS raised its position in Expedia Group by 0.7% in the fourth quarter. DNB Asset Management AS now owns 23,033 shares of the online travel company’s stock worth $6,525,000 after acquiring an additional 166 shares during the period. Richard Young Associates Ltd. purchased a new position in Expedia Group during the fourth quarter valued at $227,000. Finally, AMJ Financial Wealth Management purchased a new position in shares of Expedia Group during the 4th quarter valued at about $3,953,000. 90.76% of the stock is owned by institutional investors.

Expedia Group Company Profile

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.