Expedia Group (NASDAQ:EXPE – Get Free Report) had its price target lowered by research analysts at Susquehanna from $315.00 to $310.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the online travel company’s stock. Susquehanna‘s target price would indicate a potential upside of 13.77% from the stock’s previous close.
Several other research analysts also recently weighed in on the stock. Wells Fargo & Company upped their price objective on shares of Expedia Group from $275.00 to $278.00 and gave the stock a “cautious” rating in a report on Thursday. Wall Street Zen cut shares of Expedia Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 10th. Morgan Stanley downgraded shares of Expedia Group from an “equal weight” rating to an “underweight” rating and set a $235.00 target price for the company. in a research report on Wednesday, September 16th. Bank of America reissued a “buy” rating on shares of Expedia Group in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada upped their target price on shares of Expedia Group from $290.00 to $330.00 and gave the stock a “sector perform” rating in a report on Thursday, August 6th. Eighteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $312.06.
Get Our Latest Stock Analysis on EXPE
Expedia Group Price Performance
Shares of NASDAQ:EXPE opened at $272.48 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.21. Expedia Group has a twelve month low of $185.34 and a twelve month high of $342.00. The stock’s 50 day moving average is $282.99 and its 200-day moving average is $259.54. The firm has a market capitalization of $32.70 billion, a price-to-earnings ratio of 15.91, a PEG ratio of 0.76 and a beta of 1.39.
Expedia Group (NASDAQ:EXPE – Get Free Report) last issued its earnings results on Wednesday, November 4th. The online travel company reported $9.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.85 by $0.54. Expedia Group had a return on equity of 97.32% and a net margin of 12.98%. The company had revenue of $4.94 billion for the quarter, compared to analysts’ expectations of $4.73 billion. During the same period last year, the business earned $7.57 EPS. Expedia Group’s quarterly revenue was up 11.9% compared to the same quarter last year. Sell-side analysts forecast that Expedia Group will post 17.37 EPS for the current fiscal year.
Insider Activity at Expedia Group
In other Expedia Group news, Director Craig Jacobson sold 3,133 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $328.52, for a total transaction of $1,029,253.16. Following the transaction, the director directly owned 29,832 shares in the company, valued at approximately $9,800,408.64. This trade represents a 9.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Dzielak sold 1,004 shares of Expedia Group stock in a transaction on Monday, August 24th. The stock was sold at an average price of $335.00, for a total transaction of $336,340.00. Following the transaction, the insider directly owned 104,331 shares in the company, valued at $34,950,885. This represents a 0.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 11,950 shares of company stock valued at $3,881,995. 5.20% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP increased its holdings in shares of Expedia Group by 104.1% in the first quarter. First Trust Advisors LP now owns 1,191,528 shares of the online travel company’s stock worth $275,112,000 after purchasing an additional 607,698 shares during the period. Dimensional Fund Advisors LP boosted its stake in Expedia Group by 1.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,190,874 shares of the online travel company’s stock valued at $274,948,000 after buying an additional 17,378 shares during the period. Pacer Advisors Inc. boosted its stake in Expedia Group by 13.3% during the first quarter. Pacer Advisors Inc. now owns 1,069,524 shares of the online travel company’s stock valued at $246,942,000 after buying an additional 125,749 shares during the period. Wellington Management Group LLP grew its position in Expedia Group by 67.7% during the second quarter. Wellington Management Group LLP now owns 780,140 shares of the online travel company’s stock worth $199,622,000 after buying an additional 314,984 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in Expedia Group during the second quarter worth about $166,203,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Expedia Group
Here are the key news stories impacting Expedia Group this week:
- Positive Sentiment: Expedia beat Q3 earnings and revenue estimates: adjusted earnings were $9.39 per share and revenue was $4.94 billion, with revenue up 11.9% year over year. The company also raised its 2026 revenue and bookings outlook, citing resilient travel demand, B2B growth and improving margins. Expedia Group Q3 Earnings & Revenues Beat Estimates
- Positive Sentiment: The company declared a quarterly dividend of $0.48 per share, payable December 10 to shareholders of record November 18. Expedia declares dividend
- Neutral Sentiment: Analyst actions were mixed: JPMorgan cut its target to $315 and Barclays to $310, while Cantor Fitzgerald raised its target to $320 and Piper Sandler lifted its target to $335, retaining a neutral rating. Cantor Fitzgerald raises Expedia target
- Negative Sentiment: The main concern is Expedia’s softer Q4 revenue and bookings outlook, as weaker demand and geopolitical tensions weigh on travel. The outlook disappointed investors despite the Q3 beat and full-year forecast increase, and shares declined following the report. Expedia shares slide after below-par quarterly revenue forecast
Expedia Group Company Profile
Expedia Group, Inc is an online travel company that connects travelers with a broad range of travel products and services. Its offerings include hotel and vacation-rental accommodations, flights, car rentals, cruises, activities, and travel packages. The company serves consumers through its online travel brands and also provides technology, distribution, and marketing solutions to travel suppliers and other business partners.
Expedia Group’s consumer brands include Expedia, Hotels.com, Vrbo, Orbitz, Travelocity, Wotif, ebookers, CheapTickets, Abritel, and FeWo-direkt, among others.
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