Mizuho Begins Coverage on Expedia Group (NASDAQ:EXPE)

Key Points

• Mizuho has initiated coverage on Expedia Group (NASDAQ:EXPE) with a "neutral" rating and a price target of $240.00, suggesting an 8.84% potential upside from its current price.
• Expedia reported $4.24 EPS for its most recent quarter, exceeding analysts' expectations and demonstrating a 6.4% year-over-year revenue increase.
• Analyst ratings for Expedia Group include three Strong Buy, eleven Buy, and eighteen Hold ratings, indicating mixed investor sentiment.

Mizuho began coverage on shares of Expedia Group (NASDAQ:EXPE - Get Free Report) in a research report issued to clients and investors on Tuesday,Briefing.com Automated Import reports. The brokerage set a "neutral" rating and a $240.00 price target on the online travel company's stock. Mizuho's price objective would indicate a potential upside of 8.84% from the stock's current price.

Several other analysts have also recently issued reports on the stock. Barclays increased their target price on shares of Expedia Group from $190.00 to $197.00 and gave the stock an "equal weight" rating in a research note on Friday, August 8th. DA Davidson lifted their price objective on Expedia Group from $174.00 to $218.00 and gave the company a "neutral" rating in a research note on Friday, August 8th. Cantor Fitzgerald restated a "neutral" rating and set a $200.00 target price on shares of Expedia Group in a research report on Wednesday, July 23rd. Susquehanna raised their price target on Expedia Group from $175.00 to $200.00 and gave the company a "neutral" rating in a report on Monday, August 11th. Finally, Benchmark boosted their price target 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. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $208.96.

Expedia Group Stock Performance

Shares of EXPE opened at $220.51 on Tuesday. The stock has a 50 day moving average of $206.81 and a 200 day moving average of $180.02. The company has a market capitalization of $27.28 billion, a price-to-earnings ratio of 27.02, a PEG ratio of 1.17 and a beta of 1.57. Expedia Group has a 12 month low of $130.01 and a 12 month high of $229.00. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The online travel company reported $4.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.13 by $0.11. The firm had revenue of $3.79 billion during the quarter, compared to the consensus estimate of $3.70 billion. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business's revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.51 EPS. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Expedia Group will post 12.28 earnings per share for the current year.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 852 shares of Expedia Group 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 transaction, the chief accounting officer directly owned 12,036 shares of the company's stock, valued at approximately $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert J. Dzielak sold 3,306 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $200.84, for a total transaction of $663,977.04. Following the sale, the insider owned 77,075 shares in the company, valued at approximately $15,479,743. The trade was a 4.11% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,816 shares of company stock valued at $2,009,132. Corporate insiders own 9.13% of the company's stock.

Institutional Trading of Expedia Group

Several large investors have recently added to or reduced their stakes in EXPE. Hunter Associates Investment Management LLC raised its holdings in Expedia Group by 10.2% in the 1st quarter. Hunter Associates Investment Management LLC now owns 29,950 shares of the online travel company's stock worth $5,051,000 after purchasing an additional 2,776 shares during the period. OMNI 360 Wealth Inc. purchased a new stake in Expedia Group during the second quarter valued at approximately $325,000. Praxis Investment Management Inc. boosted its holdings in shares of Expedia Group by 63.5% in the 1st quarter. Praxis Investment Management Inc. now owns 4,610 shares of the online travel company's stock worth $775,000 after purchasing an additional 1,790 shares during the period. Korea Investment CORP increased its position in shares of Expedia Group by 55.1% during the 1st quarter. Korea Investment CORP now owns 177,934 shares of the online travel company's stock valued at $29,911,000 after purchasing an additional 63,244 shares during the last quarter. Finally, Monument Capital Management bought a new stake in Expedia Group in the first quarter worth $2,261,000. 90.76% of the stock is currently owned by 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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