Expedia Group (NASDAQ:EXPE) Given New $300.00 Price Target at B. Riley

Expedia Group (NASDAQ:EXPE) had its target price raised by investment analysts at B. Riley from $260.00 to $300.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage presently has a “buy” rating on the online travel company’s stock. B. Riley’s target price suggests a potential upside of 16.17% from the company’s previous close.

Several other analysts have also recently weighed in on EXPE. Robert W. Baird upped their price objective on shares of Expedia Group from $240.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday. Jefferies Financial Group boosted their target price on Expedia Group from $210.00 to $220.00 and gave the stock a “hold” rating in a research report on Friday, October 17th. Wedbush raised their price target on Expedia Group from $230.00 to $250.00 and gave the company a “neutral” rating in a report on Friday. Truist Financial set a $210.00 price objective on Expedia Group in a research report on Monday, October 27th. Finally, Oppenheimer boosted their price objective on Expedia Group from $250.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twenty-three have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $253.00.

Expedia Group Trading Up 17.5%

Shares of EXPE opened at $258.25 on Friday. 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 stock has a market cap of $31.95 billion, a PE ratio of 31.65, a PEG ratio of 1.15 and a beta of 1.58. Expedia Group has a 1 year low of $130.01 and a 1 year high of $264.20. The stock has a 50 day simple moving average of $219.50 and a 200-day simple moving average of $192.05.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, November 6th. The online travel company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $7.10 by $0.47. The firm 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 business’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the business posted $6.13 earnings per share. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts predict that Expedia Group will post 12.28 EPS for the current fiscal year.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the sale, the director directly owned 33,858 shares in the company, valued at $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of Expedia Group stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value 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 position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders 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

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of 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 acquiring an additional 102,494 shares during the period. Norges Bank bought a new position in Expedia Group during the 2nd quarter worth about $663,882,000. Geode Capital Management LLC raised its stake in shares of Expedia Group by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company’s stock valued at $574,364,000 after purchasing an additional 58,244 shares during the period. AQR Capital Management LLC boosted its position in shares of 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 grew its holdings 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 buying an additional 100,000 shares in the last quarter. Institutional investors 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.