Expedia Group (NASDAQ:EXPE) Sets New 1-Year Low - Time to Sell?

Expedia Group, Inc. (NASDAQ:EXPE - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $144.69 and last traded at $156.93, with a volume of 2837102 shares trading hands. The stock had previously closed at $160.15.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on EXPE. Truist Financial lifted their target price on Expedia Group from $163.00 to $175.00 and gave the stock a "hold" rating in a research report on Wednesday, March 12th. Susquehanna raised their price target on Expedia Group from $190.00 to $205.00 and gave the stock a "neutral" rating in a research note on Monday, February 10th. UBS Group reduced their price objective on Expedia Group from $194.00 to $170.00 and set a "neutral" rating for the company in a research note on Monday, April 28th. BMO Capital Markets raised their target price 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. Finally, Piper Sandler reduced their price target on shares of Expedia Group from $210.00 to $174.00 and set a "neutral" rating for the company in a research report on Monday, April 28th. Eighteen investment analysts have rated the stock with a hold rating, ten have issued a buy rating and four have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Expedia Group currently has a consensus rating of "Moderate Buy" and an average target price of $194.73.

Expedia Group Price Performance

The firm has a market cap of $20.85 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.87. The company has a 50 day moving average price of $164.71 and a 200 day moving average price of $175.59.

Expedia Group (NASDAQ:EXPE - Get Free Report) last posted its earnings results on Thursday, February 6th. The online travel company reported $1.84 EPS for the quarter, missing analysts' consensus estimates of $2.06 by ($0.22). Expedia Group had a return on equity of 52.41% and a net margin of 9.01%. On average, sell-side analysts expect that Expedia Group, Inc. will post 12.28 EPS for the current year.

Expedia Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued a dividend of $0.40 per share. This is an increase from Expedia Group's previous quarterly dividend of $0.34. This represents a $1.60 annualized dividend and a yield of 0.99%. The ex-dividend date was Thursday, March 6th. Expedia Group's dividend payout ratio (DPR) is 17.68%.

Insider Buying and Selling at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $169.79, for a total value of $1,697,900.00. Following the sale, the director now directly owns 158,505 shares in the company, valued at $26,912,563.95. This represents a 5.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert J. Dzielak sold 5,000 shares of Expedia Group stock in a transaction dated 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 of the company's stock, valued at approximately $15,325,061.40. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders own 6.80% of the company's stock.

Hedge Funds Weigh In On Expedia Group

Several institutional investors and hedge funds have recently modified their holdings of EXPE. Minot DeBlois Advisors LLC acquired a new stake in shares of Expedia Group during the fourth quarter worth $27,000. SRH Advisors LLC acquired a new stake in Expedia Group in the 4th quarter worth about $28,000. Sava Infond d.o.o. acquired a new stake in Expedia Group in the 4th quarter worth about $28,000. Grove Bank & Trust grew its holdings in Expedia Group by 676.2% in the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after buying an additional 142 shares during the period. Finally, Prudent Man Investment Management Inc. acquired a new position in shares of Expedia Group during the 4th quarter valued at about $34,000. Hedge funds and other 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.