Rothschild & Co Redburn Issues Positive Forecast for Expedia Group (NASDAQ:EXPE) Stock Price

Expedia Group (NASDAQ:EXPE) had its target price upped by Rothschild & Co Redburn from $290.00 to $350.00 in a research note issued to investors on Friday morning,MarketScreener reports. The brokerage currently has a buy rating on the online travel company’s stock.

A number of other equities research analysts have also recently commented on the stock. Barclays increased their price target on shares of Expedia Group from $190.00 to $197.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. BTIG Research upped their price objective on Expedia Group from $250.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 target price on shares of Expedia Group in a research note on Wednesday, July 23rd. UBS Group lifted their target price on Expedia Group from $209.00 to $234.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Finally, Mizuho assumed coverage on Expedia Group in a research note on Tuesday, September 30th. They issued a “neutral” rating and a $240.00 price target for the company. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twenty-three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Expedia Group currently has an average rating of “Hold” and an average price target of $253.00.

Expedia Group Stock Up 17.5%

Shares of NASDAQ:EXPE traded up $38.55 on Friday, hitting $258.25. 7,650,683 shares of the company traded hands, compared to its average volume of 2,026,855. The stock has a 50 day simple moving average of $219.50 and a 200-day simple moving average of $192.05. 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 company 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 52 week low of $130.01 and a 52 week high of $264.20.

Expedia Group (NASDAQ:EXPE) last announced its quarterly earnings data on Thursday, November 6th. The online travel company reported $7.57 EPS for the quarter, beating the consensus estimate of $7.10 by $0.47. The company 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%. Expedia Group’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the prior year, the firm posted $6.13 EPS. Expedia Group has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts expect that Expedia Group will post 12.28 earnings per share for the current year.

Expedia Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 19th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Wednesday, November 19th. Expedia Group’s dividend payout ratio (DPR) is 15.31%.

Insider Buying and Selling

In other Expedia Group news, 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 transaction, the chief accounting officer directly owned 12,036 shares of the company’s stock, valued at approximately $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Craig A. Jacobson sold 3,000 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total value of $623,340.00. Following the sale, the director owned 33,858 shares of the company’s stock, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 9,816 shares of company stock valued at $2,009,132 over the last 90 days. Company insiders own 9.13% of the company’s stock.

Hedge Funds Weigh In On Expedia Group

Several institutional investors have recently made changes to their positions in EXPE. Norges Bank bought a new stake in Expedia Group during the second quarter valued at approximately $663,882,000. AQR Capital Management LLC boosted its stake in shares of Expedia Group by 102.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company’s stock worth $492,152,000 after acquiring an additional 1,473,386 shares during the last quarter. Nuveen LLC purchased a new position in shares of Expedia Group during the 1st quarter worth $227,174,000. Los Angeles Capital Management LLC grew its position in shares of Expedia Group by 3,369.4% during the 1st quarter. Los Angeles Capital Management LLC now owns 1,029,117 shares of the online travel company’s stock valued at $172,995,000 after acquiring an additional 999,454 shares during the period. Finally, LSV Asset Management increased its stake in shares of Expedia Group by 497.0% in the 2nd quarter. LSV Asset Management now owns 871,837 shares of the online travel company’s stock worth $147,061,000 after purchasing an additional 725,797 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.