FY2024 EPS Estimates for Expedia Group Increased by Analyst

Expedia Group, Inc. (NASDAQ:EXPE - Free Report) - Analysts at B. Riley increased their FY2024 earnings estimates for shares of Expedia Group in a note issued to investors on Tuesday, January 28th. B. Riley analyst N. Khan now forecasts that the online travel company will post earnings of $7.77 per share for the year, up from their previous forecast of $7.76. The consensus estimate for Expedia Group's current full-year earnings is $8.76 per share. B. Riley also issued estimates for Expedia Group's Q4 2024 earnings at $0.31 EPS, Q1 2025 earnings at ($1.07) EPS, Q2 2025 earnings at $2.30 EPS, Q3 2025 earnings at $4.58 EPS, Q4 2025 earnings at $0.54 EPS, FY2025 earnings at $6.34 EPS, FY2026 earnings at $9.40 EPS, FY2027 earnings at $11.82 EPS, FY2028 earnings at $14.24 EPS and FY2029 earnings at $17.01 EPS.

Other research analysts have also issued reports about the company. Argus lifted their target price on Expedia Group from $210.00 to $220.00 and gave the stock a "buy" rating in a report on Friday, January 10th. Robert W. Baird initiated coverage on Expedia Group in a research note on Wednesday, November 27th. They set an "outperform" rating and a $225.00 target price for the company. Susquehanna lifted their price target on shares of Expedia Group from $145.00 to $190.00 and gave the company a "neutral" rating in a research note on Monday, November 11th. Wells Fargo & Company lowered their price objective on shares of Expedia Group from $172.00 to $168.00 and set an "equal weight" rating for the company in a research report on Thursday, January 16th. Finally, StockNews.com raised shares of Expedia Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, December 14th. Twenty analysts have rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $177.75.

Expedia Group Trading Up 0.4 %

Shares of NASDAQ:EXPE traded up $0.66 during mid-day trading on Thursday, reaching $171.93. The stock had a trading volume of 1,039,030 shares, compared to its average volume of 1,554,564. The firm has a 50 day simple moving average of $183.77 and a two-hundred day simple moving average of $158.62. The firm has a market cap of $22.07 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 0.78 and a beta of 1.83. Expedia Group has a twelve month low of $107.25 and a twelve month high of $192.34. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.03.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, November 7th. The online travel company reported $5.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.42 by ($0.24). Expedia Group had a net margin of 7.97% and a return on equity of 49.25%. The business had revenue of $4.06 billion for the quarter, compared to analyst estimates of $4.11 billion. During the same quarter in the previous year, the company posted $4.85 earnings per share.

Institutional Trading of Expedia Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. SRH Advisors LLC acquired a new position in Expedia Group in the 4th quarter valued at approximately $28,000. Grove Bank & Trust boosted its position in shares of Expedia Group by 676.2% during the 4th quarter. Grove Bank & Trust now owns 163 shares of the online travel company's stock valued at $30,000 after purchasing an additional 142 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in Expedia Group by 709.8% in the third quarter. Venturi Wealth Management LLC now owns 332 shares of the online travel company's stock worth $49,000 after purchasing an additional 291 shares in the last quarter. Brooklyn Investment Group acquired a new position in Expedia Group in the third quarter valued at approximately $51,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Expedia Group during the 4th quarter worth approximately $72,000. Institutional investors own 90.76% of the company's stock.

Insider Transactions at Expedia Group

In other news, Director Dara Khosrowshahi sold 10,000 shares of the company's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $185.15, for a total transaction of $1,851,500.00. Following the completion of the sale, the director now directly owns 168,505 shares in the company, valued at approximately $31,198,700.75. This represents a 5.60 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Lance A. Soliday sold 7,000 shares of the stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $181.99, for a total transaction of $1,273,930.00. Following the sale, the chief accounting officer now owns 11,187 shares in the company, valued at $2,035,922.13. The trade was a 38.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 28,951 shares of company stock valued at $5,045,310. 6.80% of the stock is currently owned by corporate insiders.

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.