Expedia Group (NASDAQ:EXPE) Stock Price Expected to Rise, Rothschild & Co Redburn Analyst Says

Expedia Group (NASDAQ:EXPE) had its target price increased by equities researchers at Rothschild & Co Redburn from $290.00 to $350.00 in a research report issued on Friday,MarketScreener reports. The firm currently has a “buy” rating on the online travel company’s stock. Rothschild & Co Redburn’s price target points to a potential upside of 35.44% from the stock’s current price.

A number of other brokerages have also weighed in on EXPE. BTIG Research boosted their target price on Expedia Group from $250.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday. UBS Group increased their price target on shares of Expedia Group from $209.00 to $234.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Wedbush increased their price target on Expedia Group from $220.00 to $230.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft upped their target price on shares of Expedia Group from $185.00 to $235.00 and gave the stock a “hold” rating in a research note on Friday. Finally, Wells Fargo & Company increased their price objective on shares of Expedia Group from $211.00 to $212.00 and gave the company an “equal weight” rating in a research note on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and twenty-three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $239.19.

Expedia Group Stock Up 17.6%

Shares of EXPE traded up $38.73 during trading hours on Friday, reaching $258.43. 4,342,340 shares of the stock traded hands, compared to its average volume of 2,010,686. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The company has a market cap of $31.97 billion, a price-to-earnings ratio of 31.68, a PEG ratio of 1.15 and a beta of 1.58. The stock has a fifty day simple moving average of $218.64 and a 200 day simple moving average of $191.28. Expedia Group has a 52 week low of $130.01 and a 52 week high of $259.80.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.10 by $0.47. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the prior year, the business posted $6.13 earnings per share. The business’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. On average, equities analysts forecast that Expedia Group will post 12.28 EPS for the current year.

Insider Buying and Selling

In other news, insider Robert J. Dzielak sold 2,658 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the sale, the insider owned 74,417 shares of the company’s stock, valued at approximately $15,297,902.69. This represents a 3.45% decrease in their ownership of the stock. 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 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 transaction, the chief accounting officer owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 9,816 shares of company stock worth $2,009,132. Insiders own 9.13% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in Expedia Group by 0.7% during the second quarter. Vanguard Group Inc. now owns 15,304,305 shares of the online travel company’s stock worth $2,581,530,000 after purchasing an additional 102,494 shares in the last quarter. Norges Bank acquired a new position in shares of Expedia Group during the 2nd quarter valued at about $663,882,000. Geode Capital Management LLC increased its stake in Expedia Group by 1.7% during the second quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock worth $574,364,000 after acquiring an additional 58,244 shares during the last quarter. AQR Capital Management LLC grew its stake in Expedia Group by 102.0% during the second quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock worth $492,152,000 after buying an additional 1,473,386 shares during the period. Finally, Alkeon Capital Management LLC lifted its stake in shares of Expedia Group by 4.2% during the second quarter. Alkeon Capital Management LLC now owns 2,475,276 shares of the online travel company’s stock worth $417,530,000 after purchasing an additional 100,000 shares in the last quarter. 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.