The Goldman Sachs Group Increases Expedia Group (NASDAQ:EXPE) Price Target to $295.00

Expedia Group (NASDAQ:EXPEGet Free Report) had its price target increased by investment analysts at The Goldman Sachs Group from $253.00 to $295.00 in a note issued to investors on Friday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the online travel company’s stock. The Goldman Sachs Group’s target price suggests a potential upside of 11.86% from the company’s previous close.

EXPE has been the subject of several other research reports. Bank of America boosted their target price on shares of Expedia Group from $211.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, August 8th. TD Cowen raised their target price on shares of Expedia Group from $205.00 to $220.00 and gave the stock a “hold” rating in a research report on Tuesday, October 21st. Jefferies Financial Group lifted their target price on shares of Expedia Group from $210.00 to $220.00 and gave the stock a “hold” rating in a research note on Friday, October 17th. Mizuho initiated coverage on Expedia Group in a research note on Tuesday, September 30th. They issued a “neutral” rating and a $240.00 target price for the company. Finally, Barclays raised their target price on shares of Expedia Group from $197.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Friday. Three 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 company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $244.03.

Read Our Latest Analysis on EXPE

Expedia Group Price Performance

Expedia Group stock traded up $44.03 during mid-day trading on Friday, reaching $263.73. The company had a trading volume of 5,292,702 shares, compared to its average volume of 2,013,682. Expedia Group has a 1 year low of $130.01 and a 1 year high of $262.45. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The company has a market capitalization of $32.63 billion, a P/E ratio of 32.31, a P/E/G ratio of 1.15 and a beta of 1.58. The stock’s 50-day simple moving average is $218.64 and its 200-day simple moving average is $191.28.

Expedia Group (NASDAQ:EXPEGet Free Report) last released its quarterly earnings data 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. The business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period 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. On average, equities analysts predict that Expedia Group will post 12.28 EPS for the current year.

Insider Buying and Selling at Expedia Group

In related news, insider Robert J. Dzielak sold 2,658 shares of the company’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $205.57, for a total value of $546,405.06. Following the sale, the insider directly owned 74,417 shares of the company’s stock, valued at $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 SEC, which is accessible through this link. Also, CAO Lance A. Soliday sold 852 shares of the stock in a transaction on Wednesday, August 20th. The shares were 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 in the company, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,816 shares of company stock worth $2,009,132 in the last 90 days. 9.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Expedia Group

A number of institutional investors have recently modified their holdings of the stock. Spire Wealth Management grew its stake in 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 purchasing an additional 80 shares in 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 stake in shares of Expedia Group during the 1st quarter valued at approximately $28,000. GFG Capital LLC bought a new stake in Expedia Group during the second quarter valued at $29,000. Finally, Grey Fox Wealth Advisors LLC acquired a new stake in shares of Expedia Group during the third quarter worth $30,000. Institutional investors and hedge funds own 90.76% of the company’s stock.

About Expedia Group

(Get Free Report)

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.

See Also

Analyst Recommendations for Expedia Group (NASDAQ:EXPE)

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