Expedia Group (EXPE) – Research Analysts’ Weekly Ratings Updates

Posted by Renee Jackson on Dec 20th, 2024

A number of firms have modified their ratings and price targets on shares of Expedia Group (NASDAQ: EXPE) recently:

12/18/2024 – Expedia Group was upgraded by analysts at Bank of America Co. from a “neutral” rating to a “buy” rating. They now have a $221.00 price target on the stock, up previously from $187.00.
12/16/2024 – Expedia Group had its “market perform” rating reaffirmed by analysts at JMP Securities.
12/14/2024 – Expedia Group was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
12/5/2024 – Expedia Group was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
11/27/2024 – Expedia Group was upgraded by analysts at Baird R W to a “strong-buy” rating.
11/27/2024 – Expedia Group is now covered by analysts at Robert W. Baird. They set an “outperform” rating and a $225.00 price target on the stock.
11/22/2024 – Expedia Group had its price target raised by analysts at Morgan Stanley from $150.00 to $180.00. They now have an “equal weight” rating on the stock.
11/18/2024 – Expedia Group had its price target raised by analysts at DA Davidson from $135.00 to $190.00. They now have a “neutral” rating on the stock.
11/11/2024 – Expedia Group had its price target raised by analysts at Susquehanna from $145.00 to $190.00. They now have a “neutral” rating on the stock.
11/9/2024 – Expedia Group was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
11/8/2024 – Expedia Group had its price target raised by analysts at Oppenheimer Holdings Inc. from $155.00 to $210.00. They now have an “outperform” rating on the stock.
11/8/2024 – Expedia Group had its price target raised by analysts at JPMorgan Chase & Co. from $135.00 to $170.00. They now have a “neutral” rating on the stock.
11/8/2024 – Expedia Group had its price target raised by analysts at Wedbush from $130.00 to $180.00. They now have a “neutral” rating on the stock.
11/8/2024 – Expedia Group was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating.
11/8/2024 – Expedia Group had its price target raised by analysts at Barclays PLC from $134.00 to $153.00. They now have an “equal weight” rating on the stock.
11/8/2024 – Expedia Group had its price target raised by analysts at BTIG Research from $175.00 to $200.00. They now have a “buy” rating on the stock.
11/8/2024 – Expedia Group had its price target raised by analysts at Benchmark Co. from $180.00 to $200.00. They now have a “buy” rating on the stock.
11/1/2024 – Expedia Group was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
10/25/2024 – Expedia Group had its price target raised by analysts at Bank of America Co. from $144.00 to $166.00. They now have a “neutral” rating on the stock.
10/24/2024 – Expedia Group was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
10/23/2024 – Expedia Group had its price target raised by analysts at UBS Group AG from $137.00 to $156.00. They now have a “neutral” rating on the stock.
10/22/2024 – Expedia Group had its price target raised by analysts at Jefferies Financial Group Inc. from $145.00 to $160.00. They now have a “hold” rating on the stock.

Expedia Group Stock Performance

Shares of NASDAQ EXPE traded up $5.34 during midday trading on Friday, reaching $184.75. The company’s stock had a trading volume of 4,101,771 shares, compared to its average volume of 2,071,159. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a market capitalization of $23.71 billion, a P/E ratio of 23.78, a PEG ratio of 1.07 and a beta of 1.84. The firm has a 50 day moving average price of $174.04 and a 200-day moving average price of $146.60. Expedia Group, Inc. has a 12-month low of $107.25 and a 12-month high of $192.34.

Insider Buying and Selling at Expedia Group

In other news, CAO Lance A. Soliday sold 7,000 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $181.99, for a total value of $1,273,930.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,187 shares of the company’s stock, valued at $2,035,922.13. This trade represents a 38.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert J. Dzielak sold 1,951 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $180.00, for a total value of $351,180.00. Following the completion of the sale, the insider now owns 85,250 shares in the company, valued at $15,345,000. This trade represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,951 shares of company stock worth $6,197,710 in the last quarter. 6.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Expedia Group

A number of hedge funds have recently made changes to their positions in the business. Windacre Partnership LLC increased its holdings in shares of Expedia Group by 49.5% in the third quarter. Windacre Partnership LLC now owns 4,323,700 shares of the online travel company’s stock worth $639,994,000 after buying an additional 1,431,500 shares during the period. Pacer Advisors Inc. increased its stake in Expedia Group by 36.8% in the 2nd quarter. Pacer Advisors Inc. now owns 2,654,200 shares of the online travel company’s stock worth $334,403,000 after purchasing an additional 714,229 shares during the period. Alkeon Capital Management LLC lifted its position in Expedia Group by 46.3% in the third quarter. Alkeon Capital Management LLC now owns 1,576,472 shares of the online travel company’s stock valued at $233,349,000 after purchasing an additional 498,934 shares during the last quarter. Point72 Asset Management L.P. boosted its stake in shares of Expedia Group by 1,649.4% during the second quarter. Point72 Asset Management L.P. now owns 407,605 shares of the online travel company’s stock valued at $51,354,000 after purchasing an additional 384,305 shares during the period. Finally, AustralianSuper Pty Ltd grew its holdings in shares of Expedia Group by 88.8% in the second quarter. AustralianSuper Pty Ltd now owns 753,260 shares of the online travel company’s stock worth $94,903,000 after purchasing an additional 354,389 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

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.