Expedia Group, Inc. (NASDAQ:EXPE) Receives Average Rating of “Hold” from Brokerages

Shares of Expedia Group, Inc. (NASDAQ:EXPE) have been assigned an average rating of “Hold” from the thirty-nine brokerages that are currently covering the company, MarketBeat reports. Twenty-three equities research analysts have rated the stock with a hold recommendation and sixteen have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $284.3030.

EXPE has been the topic of a number of research reports. Barclays lifted their price target on shares of Expedia Group from $260.00 to $264.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. TD Cowen raised their target price on Expedia Group from $260.00 to $285.00 and gave the stock a “hold” rating in a research report on Wednesday, April 22nd. Citic Securities lowered their target price on Expedia Group from $337.00 to $320.00 and set a “buy” rating on the stock in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft dropped their price target on Expedia Group from $244.00 to $230.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. Finally, Wall Street Zen raised Expedia Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th.

Insider Activity

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

Institutional Trading of Expedia Group

Institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new stake in Expedia Group during the fourth quarter valued at approximately $408,000. NewEdge Advisors LLC increased its position in shares of Expedia Group by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 5,455 shares of the online travel company’s stock valued at $917,000 after purchasing an additional 259 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Expedia Group during the 2nd quarter valued at about $596,000. Daiwa Securities Group Inc. raised its holdings in shares of Expedia Group by 6.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 21,265 shares of the online travel company’s stock valued at $3,587,000 after buying an additional 1,290 shares in the last quarter. Finally, AXA S.A. lifted its position in Expedia Group by 5.9% in the 2nd quarter. AXA S.A. now owns 11,042 shares of the online travel company’s stock worth $1,863,000 after buying an additional 615 shares during the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Stock Performance

EXPE traded up $7.59 during trading on Thursday, hitting $274.35. 231,651 shares of the company traded hands, compared to its average volume of 2,149,564. The firm has a market cap of $33.62 billion, a P/E ratio of 24.15, a price-to-earnings-growth ratio of 0.71 and a beta of 1.23. The stock’s fifty day moving average is $236.11 and its 200 day moving average is $245.85. 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 has a one year low of $174.05 and a one year high of $303.80.

Expedia Group (NASDAQ:EXPE) last announced 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. The business had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The company’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 earnings per share. As a group, equities analysts predict that Expedia Group will post 16.98 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, May 28th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, May 28th. Expedia Group’s dividend payout ratio (DPR) is currently 16.90%.

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.