Expedia Group (NASDAQ:EXPE – Get Free Report) had its target price dropped by investment analysts at Barclays from $320.00 to $310.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has an “equal weight” rating on the online travel company’s stock. Barclays‘s price target points to a potential upside of 12.70% from the stock’s previous close.
Several other equities research analysts have also weighed in on EXPE. Cantor Fitzgerald lifted their price objective on Expedia Group from $310.00 to $320.00 and gave the stock a “neutral” rating in a report on Thursday. Morgan Stanley downgraded shares of Expedia Group from an “equal weight” rating to an “underweight” rating and set a $235.00 price objective on the stock. in a report on Wednesday, September 16th. Royal Bank Of Canada increased their target price on shares of Expedia Group from $290.00 to $330.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 6th. Rosenblatt Securities started coverage on shares of Expedia Group in a research note on Tuesday, September 1st. They issued a “neutral” rating and a $360.00 target price for the company. Finally, Truist Financial reduced their target price on shares of Expedia Group from $309.00 to $288.00 and set a “hold” rating for the company in a research note on Wednesday, September 30th. Eighteen investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Expedia Group presently has an average rating of “Hold” and an average price target of $310.67.
Check Out Our Latest Stock Analysis on EXPE
Expedia Group Stock Performance
Shares of NASDAQ:EXPE traded down $40.80 during mid-day trading on Thursday, reaching $275.07. The company had a trading volume of 3,385,499 shares, compared to its average volume of 2,010,861. 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 firm has a market cap of $33.01 billion, a price-to-earnings ratio of 17.03, a PEG ratio of 0.69 and a beta of 1.39. The company’s 50-day moving average price is $284.21 and its 200-day moving average price is $259.60. Expedia Group has a one year low of $185.34 and a one year high of $342.00.
Expedia Group (NASDAQ:EXPE – Get Free Report) last announced its quarterly earnings data on Wednesday, November 4th. The online travel company reported $9.39 earnings per share for the quarter, beating the consensus estimate of $8.85 by $0.54. The business had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.73 billion. Expedia Group had a return on equity of 87.32% and a net margin of 12.97%. Expedia Group’s revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the company earned $7.57 earnings per share. As a group, equities research analysts anticipate that Expedia Group will post 17.37 EPS for the current fiscal year.
Insider Buying and Selling
In other Expedia Group news, CAO Lance A. Soliday sold 2,810 shares of Expedia Group stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $323.65, for a total transaction of $909,456.50. Following the completion of the transaction, the chief accounting officer owned 12,006 shares of the company’s stock, valued at $3,885,741.90. The trade was a 18.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Craig A. Jacobson sold 3,133 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $328.52, for a total value of $1,029,253.16. Following the sale, the director owned 29,832 shares in the company, valued at approximately $9,800,408.64. This represents a 9.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 11,950 shares of company stock valued at $3,881,995. Corporate insiders own 5.20% of the company’s stock.
Institutional Investors Weigh In On Expedia Group
A number of institutional investors and hedge funds have recently modified their holdings of EXPE. Team Financial Group LLC bought a new stake in Expedia Group during the 3rd quarter worth approximately $26,000. Valley National Advisers Inc. lifted its stake in Expedia Group by 900.0% in the 3rd quarter. Valley National Advisers Inc. now owns 100 shares of the online travel company’s stock worth $26,000 after purchasing an additional 90 shares in the last quarter. First Bancorp Inc ME bought a new position in Expedia Group in the 2nd quarter valued at $28,000. Elevation Wealth Partners LLC boosted its holdings in Expedia Group by 272.9% in the 2nd quarter. Elevation Wealth Partners LLC now owns 179 shares of the online travel company’s stock valued at $46,000 after purchasing an additional 131 shares during the period. Finally, Covestor Ltd boosted its holdings in Expedia Group by 34.2% in the 3rd quarter. Covestor Ltd now owns 263 shares of the online travel company’s stock valued at $69,000 after purchasing an additional 67 shares during the period. 90.76% of the stock is owned by hedge funds and other institutional investors.
Expedia Group News Roundup
Here are the key news stories impacting Expedia Group this week:
- Positive Sentiment: Q3 results topped expectations: Expedia reported adjusted earnings of $9.39 per share and $4.94 billion in revenue, with revenue up 11.9% year over year. The company also raised its 2026 revenue outlook to $16.37 billion–$16.43 billion and projected gross bookings of $131.4 billion–$131.9 billion, alongside EBITDA margin expansion. Reuters: Expedia raises annual forecasts
- Neutral Sentiment: Analyst views were mixed: Piper Sandler maintained a Neutral rating but raised its price target to $335, while HSBC lowered its target to $378 from $417. Expedia also declared a quarterly dividend of $0.48 per share. Piper Sandler rating
- Negative Sentiment: The immediate pressure came from Expedia’s Q4 forecast: projected revenue and bookings growth were below market expectations. Management cited softer demand and geopolitical risks, raising concern that travel momentum may cool near term despite the improved full-year outlook. Reuters: Expedia quarterly forecast
Expedia Group Company Profile
Expedia Group, Inc is an online travel company that connects travelers with a broad range of travel products and services. Its offerings include hotel and vacation-rental accommodations, flights, car rentals, cruises, activities, and travel packages. The company serves consumers through its online travel brands and also provides technology, distribution, and marketing solutions to travel suppliers and other business partners.
Expedia Group’s consumer brands include Expedia, Hotels.com, Vrbo, Orbitz, Travelocity, Wotif, ebookers, CheapTickets, Abritel, and FeWo-direkt, among others.
Recommended Stories
- Five stocks we like better than Expedia Group
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
- South Korea’s Chip Exports Are Soaring—So Why Is This ETF Down 20%?
Receive News & Ratings for Expedia Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Group and related companies with MarketBeat.com's FREE daily email newsletter.
