Expedia Group (NASDAQ:EXPE) Reaches New 12-Month High - Should You Buy?

Key Points

• Expedia Group's stock reached a new 52-week high of $219.51, indicating a positive trend in the company's market performance.
• Analyst ratings for Expedia Group show strong confidence, with several brokerages raising their price targets, including Bank of America to $240 and Benchmark to $265, both maintaining a "buy" rating.
• The company reported a quarterly earnings per share (EPS) of $4.24, exceeding analyst expectations, and announced a dividend of $0.40 per share with a yield of 0.7%.

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $219.51 and last traded at $219.11, with a volume of 311181 shares. The stock had previously closed at $215.49.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on EXPE. Bank of America raised their target price on Expedia Group from $211.00 to $240.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Benchmark lifted their price objective on shares of Expedia Group from $215.00 to $265.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. DA Davidson lifted their price target on shares of Expedia Group from $174.00 to $218.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Morgan Stanley lifted their price objective on Expedia Group from $150.00 to $165.00 and gave the company an "equal weight" rating in a report on Monday, July 21st. Finally, Wall Street Zen raised shares of Expedia Group from a "hold" rating to a "buy" rating in a research note on Monday, July 28th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Expedia Group presently has an average rating of "Hold" and an average price target of $205.63.

Expedia Group Stock Performance

The stock's 50-day moving average price is $195.95 and its 200 day moving average price is $176.62. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market cap of $27.39 billion, a P/E ratio of 27.13, a price-to-earnings-growth ratio of 1.14 and a beta of 1.57.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The online travel company reported $4.24 EPS 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 firm had revenue of $3.79 billion for the quarter, compared to analysts' expectations of $3.70 billion. During the same period in the previous year, the firm posted $3.51 EPS. The company's revenue for the quarter 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. As a group, equities analysts predict that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Thursday, August 28th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, August 28th. Expedia Group's dividend payout ratio is presently 19.61%.

Insider Buying and Selling

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the company's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $207.78, for a total transaction of $623,340.00. Following the sale, the director directly owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Lance A. Soliday sold 852 shares of the company's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total transaction of $175,409.76. Following the sale, the chief accounting officer directly owned 12,036 shares in the company, valued at $2,477,971.68. This trade represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,816 shares of company stock worth $2,009,132. Corporate insiders own 9.13% of the company's stock.

Institutional Trading of Expedia Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Minot DeBlois Advisors LLC bought a new stake in Expedia Group in the 4th quarter valued at $27,000. Spire Wealth Management raised its holdings in Expedia Group by 114.3% in the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company's stock valued at $25,000 after acquiring an additional 80 shares during the period. McClarren Financial Advisors Inc. bought a new position in Expedia Group in the 1st quarter valued at about $28,000. Atlas Capital Advisors Inc. bought a new position in shares of Expedia Group during the first quarter worth approximately $28,000. Finally, GFG Capital LLC bought a new position in shares of Expedia Group during the second quarter worth approximately $29,000. Institutional investors own 90.76% of the company's stock.

About Expedia Group

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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