Expedia Group's (EXPE) Buy Rating Reiterated at BTIG Research

Key Points

• BTIG Research has reiterated a "buy" rating on Expedia Group (NASDAQ: EXPE) with a target price of $250.00, indicating a potential upside of 15.10% from the previous close.
• Expedia Group's recent quarterly earnings showed an EPS of $4.24, beating estimates and representing a 6.4% revenue increase year-over-year.
• Analyst consensus indicates a mixed outlook with 3 Strong Buy ratings, 11 Buy, and a Hold rating from 18 analysts, averaging a price target of $205.63.

Expedia Group (NASDAQ:EXPE - Get Free Report)'s stock had its "buy" rating reissued by BTIG Research in a research note issued on Tuesday,Benzinga reports. They currently have a $250.00 price target on the online travel company's stock. BTIG Research's target price would indicate a potential upside of 15.10% from the company's previous close.

Several other brokerages have also recently commented on EXPE. Piper Sandler boosted their price target on Expedia Group from $135.00 to $190.00 and gave the stock an "underweight" rating in a research report on Friday, August 8th. Barclays boosted their price target on Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Wells Fargo & Company reiterated a "positive" rating on shares of Expedia Group in a research report on Friday, August 8th. DA Davidson boosted their price target on Expedia Group from $174.00 to $218.00 and gave the stock a "neutral" rating in a research report on Friday, August 8th. Finally, Cowen reiterated a "hold" rating on shares of Expedia Group in a research report on Friday, August 8th. Three 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's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $205.63.

Expedia Group Stock Up 1.0%

Expedia Group stock opened at $217.20 on Tuesday. The firm has a market cap of $26.87 billion, a price-to-earnings ratio of 26.62, a price-to-earnings-growth ratio of 1.10 and a beta of 1.57. Expedia Group has a 52 week low of $126.46 and a 52 week high of $219.10. The business's 50-day moving average price is $194.19 and its 200 day moving average price is $176.06. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 EPS for the quarter, beating 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 company had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.70 billion. During the same period last year, the company earned $3.51 earnings per share. Expedia Group's quarterly revenue was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Expedia Group will post 12.28 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Craig A. Jacobson sold 3,000 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the transaction, the director owned 33,858 shares in the company, valued at approximately $7,035,015.24. This represents a 8.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robert J. Dzielak sold 2,658 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $205.57, for a total value of $546,405.06. Following the transaction, the insider owned 74,417 shares in the company, valued at $15,297,902.69. This represents a 3.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,816 shares of company stock worth $2,009,132 in the last quarter. 9.13% of the stock is owned by company insiders.

Institutional Trading of Expedia Group

Several hedge funds have recently modified their holdings of EXPE. Brighton Jones LLC purchased a new position in Expedia Group during the fourth quarter worth $408,000. Centiva Capital LP purchased a new stake in shares of Expedia Group in the fourth quarter valued at $291,000. CoreCap Advisors LLC grew its position in shares of Expedia Group by 194.3% in the fourth quarter. CoreCap Advisors LLC now owns 412 shares of the online travel company's stock valued at $77,000 after purchasing an additional 272 shares during the period. Lighthouse Investment Partners LLC grew its position in shares of Expedia Group by 4.5% in the fourth quarter. Lighthouse Investment Partners LLC now owns 25,044 shares of the online travel company's stock valued at $4,666,000 after purchasing an additional 1,073 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Expedia Group by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,947 shares of the online travel company's stock valued at $9,120,000 after purchasing an additional 1,772 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

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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