Expedia Group (NASDAQ:EXPE) Given Buy Rating at BTIG Research

Key Points

• BTIG Research has restated its "buy" rating on Expedia Group (NASDAQ:EXPE), with a price target of $250.00, suggesting a potential upside of 15.93% from the current stock price.
• Expedia Group recently reported earnings per share of $4.24, exceeding the consensus estimate of $4.13, with quarterly revenue of $3.79 billion, surpassing expectations of $3.70 billion.
• Insiders sold a total of 9,816 shares valued at over $2 million in the past three months, indicating potential shifts in ownership dynamics within the company.

Expedia Group (NASDAQ:EXPE - Get Free Report)'s stock had its "buy" rating restated by stock analysts at BTIG Research in a note issued to investors on Tuesday,Benzinga reports. They presently have a $250.00 price objective on the online travel company's stock. BTIG Research's price target points to a potential upside of 15.93% from the company's current price.

EXPE has been the topic of several other research reports. Royal Bank Of Canada boosted their price target on shares of Expedia Group from $180.00 to $200.00 and gave the stock a "sector perform" rating in a research report on Friday, August 8th. Wedbush boosted their price objective on shares of Expedia Group from $175.00 to $220.00 and gave the company a "neutral" rating in a research report on Friday, August 8th. Cowen reiterated a "hold" rating on shares of Expedia Group in a research report on Friday, August 8th. Mizuho began coverage on shares of Expedia Group in a research report on Tuesday, September 30th. They set a "neutral" rating and a $240.00 price objective on the stock. Finally, Susquehanna boosted their price objective on shares of Expedia Group from $175.00 to $200.00 and gave the company a "neutral" rating in a research report on Monday, August 11th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $209.00.

Expedia Group Trading Up 2.5%

Shares of EXPE opened at $215.64 on Tuesday. The company's fifty day moving average is $213.04 and its 200 day moving average is $183.14. Expedia Group has a fifty-two week low of $130.01 and a fifty-two week high of $240.98. The stock has a market capitalization of $26.68 billion, a PE ratio of 26.43, a P/E/G ratio of 1.10 and a beta of 1.56. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.75 and a current ratio of 0.75.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, topping the consensus estimate of $4.13 by $0.11. Expedia Group had a net margin of 7.94% and a return on equity of 56.25%. The company had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.70 billion. During the same quarter in the previous year, the business posted $3.51 earnings per share. Expedia Group's quarterly revenue was up 6.4% on a year-over-year basis. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that Expedia Group will post 12.28 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Lance A. Soliday sold 852 shares of the company's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the sale, the chief accounting officer directly owned 12,036 shares of the company's stock, valued at $2,477,971.68. This represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 2,658 shares of the company's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total transaction of $546,405.06. Following the completion of the sale, the insider directly owned 74,417 shares of the company's stock, valued at approximately $15,297,902.69. This trade represents a 3.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,816 shares of company stock valued at $2,009,132 over the last three months. 9.13% of the stock is owned by company insiders.

Institutional Trading of Expedia Group

Hedge funds have recently added to or reduced their stakes in the business. Spire Wealth Management lifted its position in shares of Expedia Group by 114.3% during the second quarter. Spire Wealth Management now owns 150 shares of the online travel company's stock valued at $25,000 after buying an additional 80 shares during the last quarter. McClarren Financial Advisors Inc. purchased a new stake in shares of Expedia Group during the first quarter valued at about $28,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Expedia Group during the first quarter valued at about $28,000. GFG Capital LLC purchased a new stake in shares of Expedia Group during the second quarter valued at about $29,000. Finally, Armstrong Advisory Group Inc. lifted its position in shares of Expedia Group by 212.7% during the third quarter. Armstrong Advisory Group Inc. now owns 172 shares of the online travel company's stock valued at $37,000 after buying an additional 117 shares during the last quarter. 90.76% of the stock is owned by hedge funds and other institutional investors.

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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