Expedia Group, Inc. (NASDAQ:EXPE) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Expedia Group has received a consensus rating of "Moderate Buy" from 32 brokerages, with 11 analysts issuing a buy rating and 3 giving a strong buy.
• The company reported earnings of $4.24 per share for the last quarter, beating analyst expectations, along with a revenue of $3.79 billion.
• Expedia Group also announced a quarterly dividend of $0.40, representing an annualized yield of 0.8% and a payout ratio of 18.87%.

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the thirty-two ratings firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating, eleven have issued a buy rating and three have issued a strong buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $203.4444.

A number of analysts have issued reports on EXPE shares. Oppenheimer reduced their target price on shares of Expedia Group from $230.00 to $210.00 and set an "outperform" rating for the company in a research note on Friday, May 9th. Sanford C. Bernstein restated a "market perform" rating and issued a $215.00 price objective on shares of Expedia Group in a research note on Sunday. Citigroup restated a "buy" rating on shares of Expedia Group in a research note on Friday. Wedbush boosted their price objective on shares of Expedia Group from $175.00 to $220.00 and gave the stock a "neutral" rating in a research note on Friday. Finally, Barclays boosted their price objective on shares of Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a research note on Friday.

Institutional Investors Weigh In On Expedia Group

Several large investors have recently made changes to their positions in the company. Minot DeBlois Advisors LLC bought a new stake in shares of Expedia Group in the 4th quarter worth about $27,000. Spire Wealth Management grew its holdings in shares of Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company's stock worth $25,000 after purchasing an additional 80 shares during the last quarter. McClarren Financial Advisors Inc. bought a new stake in shares of Expedia Group in the 1st quarter worth about $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Expedia Group in the 1st quarter worth about $28,000. Finally, GFG Capital LLC bought a new stake in shares of Expedia Group in the 2nd quarter worth about $29,000. Institutional investors own 90.76% of the company's stock.

Expedia Group Price Performance

NASDAQ EXPE opened at $195.26 on Monday. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a market capitalization of $24.82 billion, a PE ratio of 23.93, a price-to-earnings-growth ratio of 0.93 and a beta of 1.61. The company has a 50 day moving average price of $176.65 and a two-hundred day moving average price of $172.67. Expedia Group has a 12-month low of $125.50 and a 12-month high of $213.00.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.13 by $0.11. The firm had revenue of $3.79 billion during the quarter, compared to analysts' expectations of $3.70 billion. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company's revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company earned $3.51 earnings per share. As a group, equities analysts predict that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group's payout ratio is 18.87%.

Expedia Group Company Profile

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.

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