Expedia Group (NASDAQ:EXPE – Get Free Report) had its price objective upped by analysts at Evercore ISI from $280.00 to $350.00 in a research report issued on Friday, MarketBeat Ratings reports. The brokerage presently has an “outperform” rating on the online travel company’s stock. Evercore ISI’s price target would suggest a potential upside of 35.53% from the stock’s current price.
A number of other brokerages have also issued reports on EXPE. Royal Bank Of Canada boosted their target price on Expedia Group from $180.00 to $200.00 and gave the stock a “sector perform” rating in a research report on Friday, August 8th. Morgan Stanley lifted their price target on Expedia Group from $150.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Monday, July 21st. Jefferies Financial Group boosted their price objective on Expedia Group from $210.00 to $220.00 and gave the stock a “hold” rating in a report on Friday, October 17th. Robert W. Baird raised their target price on shares of Expedia Group from $240.00 to $280.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Wedbush lifted their target price on shares of Expedia Group from $220.00 to $230.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twenty-three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $253.00.
Check Out Our Latest Analysis on EXPE
Expedia Group Stock Up 17.5%
Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, beating 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 56.25% and a net margin of 7.94%.The firm’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.13 earnings per share. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts forecast that Expedia Group will post 12.28 earnings per share for the current fiscal year.
Insider Activity at Expedia Group
In other Expedia Group news, insider Robert J. Dzielak sold 3,306 shares of Expedia Group stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total transaction of $663,977.04. Following the completion of the sale, the insider owned 77,075 shares of the company’s stock, valued at $15,479,743. This trade represents a 4.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the company’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the completion of the transaction, the chief accounting officer directly owned 12,036 shares in the company, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 9,816 shares of company stock valued at $2,009,132. Corporate insiders own 9.13% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of EXPE. Spire Wealth Management increased its position in Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after purchasing an additional 80 shares during the last quarter. McClarren Financial Advisors Inc. bought a new stake in shares of Expedia Group in the 1st quarter valued at approximately $28,000. Atlas Capital Advisors Inc. acquired a new position in Expedia Group in the first quarter worth approximately $28,000. GFG Capital LLC bought a new position in Expedia Group during the second 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.
Expedia Group Company Profile
Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.
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