Expedia Group, Inc. (NASDAQ:EXPE – Get Free Report) has been given a consensus recommendation of “Hold” by the thirty-six analysts that are presently covering the stock, Marketbeat Ratings reports. Twenty-three equities research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $282.2903.
Several research firms have weighed in on EXPE. BMO Capital Markets increased their price objective on Expedia Group from $250.00 to $255.00 and gave the stock a “market perform” rating in a report on Friday, February 13th. Susquehanna reissued a “neutral” rating and set a $240.00 target price on shares of Expedia Group in a research note on Tuesday, February 17th. Zacks Research downgraded Expedia Group from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft set a $244.00 price target on Expedia Group in a research note on Friday, February 13th. Finally, Weiss Ratings cut shares of Expedia Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th.
Get Our Latest Stock Report on Expedia Group
Expedia Group Stock Performance
Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.32 by $0.46. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.The company had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.41 billion. During the same period last year, the firm earned $2.39 earnings per share. Expedia Group’s quarterly revenue was up 11.4% on a year-over-year basis. As a group, equities analysts anticipate that Expedia Group will post 12.28 EPS for the current year.
Expedia Group Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were given a $0.48 dividend. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $1.92 annualized dividend and a dividend yield of 0.9%. This is a positive change from Expedia Group’s previous quarterly dividend of $0.40. Expedia Group’s dividend payout ratio is 19.49%.
Insider Buying and Selling at Expedia Group
In related news, insider Robert J. Dzielak sold 8,225 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the transaction, the insider owned 102,480 shares in the company, valued at $22,629,633.60. The trade was a 7.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 9.13% of the company’s stock.
Institutional Trading of Expedia Group
Several institutional investors and hedge funds have recently bought and sold shares of EXPE. Motiv8 Investments LLC purchased a new position in shares of Expedia Group during the 4th quarter worth approximately $25,000. Entrust Financial LLC purchased a new position in shares of Expedia Group in the 4th quarter valued at approximately $26,000. JFS Wealth Advisors LLC lifted its stake in shares of Expedia Group by 78.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 100 shares of the online travel company’s stock valued at $28,000 after purchasing an additional 44 shares during the period. Lodestone Wealth Management LLC bought a new stake in shares of Expedia Group during the fourth quarter valued at approximately $29,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in shares of Expedia Group during the third quarter valued at approximately $30,000. 90.76% of the stock is currently owned by hedge funds and other institutional investors.
About Expedia Group
Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.
Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.
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