Piper Sandler downgraded shares of Expedia Group (NASDAQ:EXPE - Free Report) from a neutral rating to an underweight rating in a research report report published on Friday, MarketBeat.com reports. The brokerage currently has $135.00 price target on the online travel company's stock, down from their prior price target of $174.00.
A number of other analysts have also recently issued reports on EXPE. Wells Fargo & Company set a $143.00 target price on shares of Expedia Group and gave the company an "equal weight" rating in a research note on Monday, April 7th. Barclays boosted their target price on shares of Expedia Group from $166.00 to $187.00 and gave the company an "equal weight" rating in a research note on Friday, February 7th. BMO Capital Markets upped their price target on shares of Expedia Group from $165.00 to $190.00 and gave the stock a "market perform" rating in a research report on Monday, February 10th. Truist Financial boosted their price objective on Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a report on Wednesday, March 12th. Finally, The Goldman Sachs Group upped their price target on Expedia Group from $208.00 to $236.00 and gave the company a "buy" rating in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $187.88.
View Our Latest Analysis on Expedia Group
Expedia Group Stock Performance
Shares of EXPE stock traded up $10.59 during trading hours on Friday, reaching $167.25. The stock had a trading volume of 3,188,359 shares, compared to its average volume of 1,939,249. The firm has a 50-day simple moving average of $161.69 and a 200-day simple moving average of $175.85. The firm has a market capitalization of $21.55 billion, a PE ratio of 18.48, a price-to-earnings-growth ratio of 0.92 and a beta of 1.62. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.72 and a quick ratio of 0.72. Expedia Group has a twelve month low of $107.25 and a twelve month high of $207.73.
Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The online travel company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.02). Expedia Group had a net margin of 9.01% and a return on equity of 52.41%. The business had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter last year, the business posted $0.21 EPS. The business's revenue for the quarter was up 3.4% on a year-over-year basis. As a group, equities analysts forecast that Expedia Group will post 12.28 earnings per share for the current year.
Expedia Group Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, May 29th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date is Thursday, May 29th. Expedia Group's dividend payout ratio (DPR) is presently 18.87%.
Insider Activity at Expedia Group
In related news, insider Robert J. Dzielak sold 5,000 shares of the stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $205.70, for a total value of $1,028,500.00. Following the sale, the insider now owns 74,502 shares in the company, valued at approximately $15,325,061.40. This represents a 6.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.80% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in EXPE. Minot DeBlois Advisors LLC bought a new position in Expedia Group during the 4th quarter worth $27,000. SRH Advisors LLC bought a new position in Expedia Group during the 4th quarter worth $28,000. Sava Infond d.o.o. bought a new position in Expedia Group during the 4th quarter worth $28,000. McClarren Financial Advisors Inc. acquired a new stake in Expedia Group in the first quarter valued at about $28,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in Expedia Group in the first quarter valued at about $28,000. Institutional investors own 90.76% of the company's stock.
Expedia Group Company Profile
(
Get Free Report)
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.
See Also
Before you consider Expedia Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Expedia Group wasn't on the list.
While Expedia Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
