Argus Issues Positive Forecast for Expedia Group (NASDAQ:EXPE) Stock Price

Expedia Group (NASDAQ:EXPE) had its target price increased by equities researchers at Argus from $265.00 to $300.00 in a note issued to investors on Monday,MarketScreener reports. Argus’ price objective would suggest a potential upside of 13.35% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Mizuho initiated coverage on Expedia Group in a research report on Tuesday, September 30th. They set a “neutral” rating and a $240.00 target price on the stock. B. Riley upped their price objective on Expedia Group from $260.00 to $300.00 and gave the stock a “buy” rating in a report on Friday. Evercore ISI raised their target price on Expedia Group from $280.00 to $350.00 and gave the company an “outperform” rating in a report on Friday. Wells Fargo & Company upped their price target on shares of Expedia Group from $212.00 to $272.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, Royal Bank Of Canada increased their price target on shares of Expedia Group from $200.00 to $260.00 and gave the company a “sector perform” rating in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and twenty-three have assigned a Hold rating to the company. According to data from MarketBeat, Expedia Group currently has a consensus rating of “Hold” and a consensus target price of $259.66.

Expedia Group Stock Up 2.5%

Expedia Group stock opened at $264.66 on Monday. The stock’s fifty day moving average is $219.50 and its two-hundred day moving average is $192.58. The stock has a market cap of $32.74 billion, a PE ratio of 32.58, a P/E/G 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 company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75.

Expedia Group (NASDAQ:EXPE) last released its quarterly 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. The company had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.28 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The firm’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the company 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 expect that Expedia Group will post 12.28 EPS for the current fiscal year.

Insider Buying and Selling at Expedia Group

In related news, Director Craig A. Jacobson sold 3,000 shares of Expedia Group 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 transaction, the director owned 33,858 shares in the company, valued at approximately $7,035,015.24. This trade 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 can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 852 shares of the firm’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the transaction, the chief accounting officer owned 12,036 shares in the company, valued at approximately $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. In the last three months, insiders sold 9,816 shares of company stock worth $2,009,132. Insiders own 9.13% of the company’s stock.

Institutional Trading of Expedia Group

A number of institutional investors have recently added to or reduced their stakes in EXPE. Stevens Capital Management LP purchased a new stake in shares of Expedia Group during the third quarter valued at approximately $598,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in Expedia Group during the 3rd quarter worth approximately $220,000. Essex Financial Services Inc. acquired a new stake in shares of Expedia Group during the third quarter worth approximately $210,000. Cercano Management LLC acquired a new stake in Expedia Group in the third quarter valued at $271,000. Finally, Syon Capital LLC grew its holdings in Expedia Group by 83.9% during the 3rd quarter. Syon Capital LLC now owns 4,844 shares of the online travel company’s stock worth $1,035,000 after acquiring an additional 2,210 shares in the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

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.