Expedia Group (NASDAQ:EXPE) Shares Gap Up After Better-Than-Expected Earnings

Shares of Expedia Group, Inc. (NASDAQ:EXPE) gapped up prior to trading on Friday after the company announced better than expected quarterly earnings. The stock had previously closed at $219.70, but opened at $247.00. Expedia Group shares last traded at $257.4430, with a volume of 1,288,805 shares changing hands.

The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.10 by $0.47. The firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. Expedia Group’s dividend payout ratio is presently 19.61%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Royal Bank Of Canada raised their price objective 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. Sanford C. Bernstein set a $210.00 price target on Expedia Group in a research note on Monday, August 11th. Bank of America upped their price objective on shares of Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a report on Friday, August 8th. Citigroup lifted their target price on shares of Expedia Group from $177.00 to $206.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 13th. Finally, Barclays upped their price target on shares of Expedia Group from $197.00 to $220.00 and gave the company an “equal weight” rating in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and twenty-three have assigned a Hold rating to the company. Based on data from MarketBeat, Expedia Group has a consensus rating of “Hold” and an average target price of $237.10.

Insiders Place Their Bets

In related 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 value of $663,977.04. Following the sale, the insider owned 77,075 shares of the company’s stock, valued at approximately $15,479,743. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the business’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the sale, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at $2,477,971.68. This represents a 6.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 9,816 shares of company stock worth $2,009,132. Company insiders own 9.13% of the company’s stock.

Institutional Trading of Expedia Group

Large investors have recently made changes to their positions in the company. Bessemer Group Inc. boosted its position in Expedia Group by 0.8% during the third quarter. Bessemer Group Inc. now owns 6,201 shares of the online travel company’s stock worth $1,325,000 after acquiring an additional 52 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in Expedia Group by 4.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,346 shares of the online travel company’s stock worth $227,000 after purchasing an additional 55 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Expedia Group by 8.0% during the 3rd quarter. Blue Trust Inc. now owns 745 shares of the online travel company’s stock worth $159,000 after purchasing an additional 55 shares during the last quarter. Millington Financial Advisors LLC grew its position in shares of Expedia Group by 0.4% in the third quarter. Millington Financial Advisors LLC now owns 13,308 shares of the online travel company’s stock valued at $2,870,000 after purchasing an additional 55 shares in the last quarter. Finally, Westside Investment Management Inc. increased its holdings in shares of Expedia Group by 43.2% in the third quarter. Westside Investment Management Inc. now owns 189 shares of the online travel company’s stock valued at $41,000 after purchasing an additional 57 shares during the last quarter. 90.76% of the stock is currently owned by hedge funds and other institutional investors.

Expedia Group Stock Performance

The stock has a market cap of $31.84 billion, a PE ratio of 31.33, a P/E/G ratio of 1.15 and a beta of 1.58. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a 50-day moving average of $218.64 and a 200 day moving average of $191.28.

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.