Expedia Group (NASDAQ:EXPE) Sets New 52-Week High - What's Next?

Key Points

• Expedia Group's stock reached a new 52-week high of $240.98 during trading, closing at $227.31 with a trading volume of over 2.1 million shares.
• Multiple research firms have adjusted their price targets for the stock, with a consensus price target of $209.00, indicating a mix of ratings from strong buy to sell.
• The company recently declared a quarterly dividend of $0.40 per share, resulting in an annualized dividend 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 Monday . The stock traded as high as $240.98 and last traded at $227.31, with a volume of 2166739 shares trading hands. The stock had previously closed at $219.23.

Analyst Ratings Changes

A number of research firms have commented on EXPE. Citigroup raised their target price on shares of Expedia Group from $177.00 to $206.00 and gave the company a "neutral" rating in a research report on Wednesday, August 13th. Wells Fargo & Company increased their price target on Expedia Group from $211.00 to $212.00 and gave the company an "equal weight" rating in a research note on Monday. Morgan Stanley increased 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. Piper Sandler upped their price target on shares of Expedia Group from $135.00 to $190.00 and gave the company an "underweight" rating in a report on Friday, August 8th. Finally, UBS Group lifted their target price on shares of Expedia Group from $182.00 to $209.00 and gave the company a "neutral" rating in a report on Friday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $209.00.

Expedia Group Stock Performance

The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14. The stock has a market capitalization of $27.69 billion, a price-to-earnings ratio of 27.43, a price-to-earnings-growth ratio of 1.15 and a beta of 1.56. The firm's fifty day moving average price is $208.99 and its 200 day moving average price is $181.36.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released 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 return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $3.79 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same period last year, the business posted $3.51 earnings per share. The company'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. Analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 28th. Expedia Group's payout ratio is 19.61%.

Insider Activity at Expedia Group

In other Expedia Group news, Director Craig A. Jacobson sold 3,000 shares of the firm's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total transaction of $623,340.00. Following the transaction, the director owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 approximately $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. Insiders sold 9,816 shares of company stock valued at $2,009,132 over the last three months. 9.13% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Spire Wealth Management lifted its position in Expedia Group by 114.3% during the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company's stock worth $25,000 after acquiring an additional 80 shares during the period. McClarren Financial Advisors Inc. purchased a new position in Expedia Group during the first quarter worth about $28,000. Atlas Capital Advisors Inc. purchased a new stake in Expedia Group in the 1st quarter valued at approximately $28,000. GFG Capital LLC acquired a new position in Expedia Group during the 2nd quarter worth approximately $29,000. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of Expedia Group during the 2nd quarter worth approximately $31,000. 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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