Analysts Set Expedia Group, Inc. (NASDAQ:EXPE) Target Price at $284.42

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been assigned an average recommendation of “Hold” from the thirty-nine brokerages that are presently covering the firm, Marketbeat.com reports. Twenty-three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $284.4242.

Several equities analysts recently issued reports on the stock. Zacks Research cut shares of Expedia Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Wedbush reaffirmed a “neutral” rating and set a $260.00 price objective on shares of Expedia Group in a research report on Tuesday, February 17th. Dbs Bank upgraded Expedia Group from a “hold” rating to a “moderate buy” rating in a report on Monday, May 11th. Citic Securities decreased their target price on Expedia Group from $337.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Finally, Susquehanna raised their target price on Expedia Group from $240.00 to $250.00 and gave the company a “neutral” rating in a research note on Monday, May 11th.

Insider Transactions at Expedia Group

In other news, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total value of $208,548.40. Following the sale, the chief accounting officer directly owned 14,083 shares of the company’s stock, valued at $3,124,454.38. This represents a 6.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 4,702 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the completion of the transaction, the insider owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. The trade was a 4.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 5.20% of the stock is owned by corporate insiders.

Institutional Trading of Expedia Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Motiv8 Investments LLC bought a new position in Expedia Group during the 4th quarter valued at about $25,000. Entrust Financial LLC bought a new stake in shares of Expedia Group in the fourth quarter worth approximately $26,000. JFS Wealth Advisors LLC raised its holdings in shares of Expedia Group by 78.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after purchasing an additional 44 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in Expedia Group during the fourth quarter valued at approximately $29,000. Finally, Rossby Financial LCC lifted its position in Expedia Group by 103.8% during the third quarter. Rossby Financial LCC now owns 161 shares of the online travel company’s stock valued at $35,000 after purchasing an additional 82 shares during the period. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

Shares of EXPE stock opened at $224.66 on Friday. The firm has a market capitalization of $27.53 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 0.57 and a beta of 1.25. The stock has a fifty day moving average of $234.02 and a 200 day moving average of $247.35. Expedia Group has a 52 week low of $160.00 and a 52 week high of $303.80. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 2.43.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.41 by $0.55. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.35 billion. During the same period in the prior year, the business earned $0.40 EPS. The company’s revenue for the quarter was up 14.7% on a year-over-year basis. As a group, research analysts expect that Expedia Group will post 17.07 earnings per share for the current year.

Expedia Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, May 28th. This represents a $1.92 annualized dividend and a yield of 0.9%. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.

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.