Expedia Group (NASDAQ:EXPE) Hits New 1-Year High – Should You Buy?

Expedia Group, Inc. (NASDAQ:EXPE) reached a new 52-week high on Thursday . The stock traded as high as $332.00 and last traded at $324.1070, with a volume of 416 shares changing hands. The stock had previously closed at $325.57.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on EXPE. DA Davidson reduced their target price on shares of Expedia Group from $260.00 to $250.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. Wells Fargo & Company lifted their price target on shares of Expedia Group from $303.00 to $307.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. TD Cowen upped their price target on shares of Expedia Group from $285.00 to $320.00 and gave the company a “hold” rating in a report on Friday, August 7th. Morgan Stanley increased their price objective on shares of Expedia Group from $290.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Finally, Evercore reissued an “outperform” rating on shares of Expedia Group in a research note on Thursday, August 6th. Seventeen analysts have rated the stock with a Buy rating and twenty-two have assigned a Hold rating to the company. According to data from MarketBeat.com, Expedia Group currently has a consensus rating of “Hold” and a consensus price target of $311.76.

Expedia Group Trading Up 1.3%

The stock has a market capitalization of $39.93 billion, a P/E ratio of 20.74, a price-to-earnings-growth ratio of 0.80 and a beta of 1.22. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 2.21. The company has a 50-day moving average price of $270.55 and a 200 day moving average price of $246.18.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Wednesday, August 5th. The online travel company reported $5.76 EPS for the quarter, beating analysts’ consensus estimates of $5.22 by $0.54. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. The company had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.17 billion. During the same quarter in the prior year, the company posted $4.24 earnings per share. Expedia Group’s revenue for the quarter was up 14.0% compared to the same quarter last year. On average, research analysts forecast that Expedia Group, Inc. will post 17.15 earnings per share for the current fiscal year.

Expedia Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, August 27th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 0.6%. Expedia Group’s payout ratio is 11.97%.

Insider Activity at Expedia Group

In other Expedia Group news, insider Robert J. Dzielak sold 3,003 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $315.00, for a total value of $945,945.00. Following the completion of the transaction, the insider directly owned 103,829 shares of the company’s stock, valued at approximately $32,706,135. The trade was a 2.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Lance A. Soliday sold 940 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the transaction, the chief accounting officer owned 14,083 shares of the company’s stock, valued at approximately $3,124,454.38. This represents a 6.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 8,645 shares of company stock valued at $2,250,059. Company insiders own 5.20% of the company’s stock.

Institutional Investors Weigh In On Expedia Group

A number of institutional investors have recently added to or reduced their stakes in EXPE. Windacre Partnership LLC grew its holdings in shares of Expedia Group by 9.2% during the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock worth $787,049,000 after buying an additional 309,900 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Expedia Group by 25.0% in the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock valued at $779,275,000 after buying an additional 728,063 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Expedia Group by 8.0% in the third quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock worth $667,507,000 after buying an additional 230,176 shares in the last quarter. Norges Bank purchased a new position in shares of Expedia Group in the fourth quarter worth about $861,979,000. Finally, Wellington Management Group LLP boosted its position in Expedia Group by 24,899.5% during the third quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock worth $386,560,000 after acquiring an additional 1,801,232 shares during the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

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.