Expedia Group (NASDAQ:EXPE) Price Target Raised to $290.00

Expedia Group (NASDAQ:EXPE) had its price target upped by Oppenheimer from $250.00 to $290.00 in a research report report published on Friday,MarketScreener reports. Oppenheimer currently has an outperform rating on the online travel company’s stock.

Several other brokerages also recently weighed in on EXPE. Barclays lifted their target price on Expedia Group from $190.00 to $197.00 and gave the company an “equal weight” rating in a research note on Friday, August 8th. Piper Sandler raised shares of Expedia Group from an “underweight” rating to a “neutral” rating and raised their target price for the company from $190.00 to $250.00 in a research note on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of Expedia Group in a report on Wednesday, October 8th. Truist Financial set a $210.00 price objective on Expedia Group in a research note on Monday, October 27th. Finally, Rothschild & Co Redburn upped their price objective on Expedia Group from $290.00 to $350.00 and gave the company a “buy” rating in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and twenty-three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $253.00.

Expedia Group Stock Up 17.5%

EXPE stock opened at $258.25 on Friday. The stock has a market cap of $31.95 billion, a PE ratio of 31.65, a price-to-earnings-growth ratio of 1.15 and a beta of 1.58. The firm’s 50-day simple moving average is $219.50 and its 200 day simple moving average is $192.58. Expedia Group has a fifty-two week low of $130.01 and a fifty-two week high of $264.20. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The firm had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the prior year, the firm earned $6.13 EPS. Expedia Group’s quarterly revenue was up 8.7% on a year-over-year basis. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts predict that Expedia Group will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 19th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, November 19th. Expedia Group’s dividend payout ratio is currently 15.31%.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 3,306 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total value of $663,977.04. Following the completion of the sale, the insider owned 77,075 shares in the company, valued at $15,479,743. This represents a 4.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the sale, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 9,816 shares of company stock valued at $2,009,132 in the last 90 days. 9.13% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Grey Fox Wealth Advisors LLC acquired a new position in Expedia Group during the third quarter worth $30,000. Spire Wealth Management lifted its stake in shares of Expedia Group by 114.3% in the second quarter. Spire Wealth Management now owns 150 shares of the online travel company’s stock worth $25,000 after buying an additional 80 shares during the last quarter. McClarren Financial Advisors Inc. bought a new stake in shares of Expedia Group in the first quarter valued at approximately $28,000. Atlas Capital Advisors Inc. bought a new position in shares of Expedia Group during the 1st quarter worth about $28,000. Finally, GFG Capital LLC acquired a new position in shares of Expedia Group during the second quarter valued at about $29,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

About Expedia Group

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.