Expedia Group (NASDAQ:EXPE) Stock Price Expected to Rise, UBS Group Analyst Says\n\nUBS Group raised its price target for Expedia Group's stock from $182.00 to $209.00 in a research report sent to investors on Friday morning, reports. UBS Group currently has a neutral rating on the online travel company's stock. Other analysts also recently issued reports about the stock. William Blair raised shares of Expedia Group from a 'hold' rating to a 'buy' rating in a report on Monday, July 28th. Wedbush lifted their price objective on shares of Expedia Group from $175.00 to $220.00 and gave the stock a 'neutral' rating in a research report on Friday. Truist Financial reduced their price objective on shares of Expedia Group from $175.00 to $168.00 and set a 'hold' rating for the company in a research report on Tuesday, June 24th. Oppenheimer reduced their price target on shares of Expedia Group from $230.00 to $210.00 and set an 'outperform' rating on the stock in a research report on Friday, May 9th. Finally, B. Riley boosted their target price on shares of Expedia Group from $222.00 to $260.00 and gave the stock a 'buy' rating in a research report on Friday.\n\nOne analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of 'Moderate Buy' and a consensus price target of $206.22.\n\nExpedia Group had its price objective raised by UBS Group from $182.00 to $209.00 in a research report sent to investors on Friday morning, reports. UBS Group currently has a neutral rating on the online travel company's stock. Other analysts also recently issued reports about the stock. William Blair raised shares of Expedia Group from a 'hold' rating to a 'buy' rating in a report on Monday, July 28th. Wedbush lifted their price objective on shares of Expedia Group from $175.00 to $220.00 and gave the stock a 'neutral' rating in a research report on Friday. Truist Financial reduced their price objective on shares of Expedia Group from $175.00 to $168.00 and set a 'hold' rating for the company in a research report on Tuesday, June 24th. Oppenheimer reduced their price target on shares of Expedia Group from $230.00 to $210.00 and set an 'outperform' rating on the stock in a research report on Friday, May 9th. Finally, B. Riley boosted their target price on shares of Expedia Group from $222.00 to $260.00 and gave the stock a 'buy' rating in a research report on Friday.\n\nExpedia Group last released its earnings results 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 business had revenue of $3.79 billion for 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%. Expedia Group's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.51 earnings per share. On average, analysts forecast that Expedia Group will post 12.28 EPS for the current fiscal year.\n\nThe company also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Thursday, August 28th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 28th. Expedia Group's dividend payout ratio (DPR) is 19.61%.\n\nA number of institutional investors and hedge funds have recently modified their holdings of the company. Spire Wealth Management lifted its position in Expedia Group by 114.3% during the 2nd quarter. Spire Wealth Management now owns 150 shares of the online travel company's stock valued at $25,000 after purchasing an additional 80 shares during the period. Minot DeBlois Advisors LLC acquired a new position in Expedia Group in the fourth quarter valued at about $27,000. McClarren Financial Advisors Inc. acquired a new position in Expedia Group during the first quarter worth about $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Expedia Group during the first quarter worth about $28,000. Finally, GFG Capital LLC bought a new position in shares of Expedia Group during the 2nd quarter worth approximately $29,000. 90.76% of the stock is currently owned by institutional investors and hedge funds.\n\nExpedia 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.

Expedia Group (NASDAQ:EXPE) Stock Price Expected to Rise, UBS Group Analyst Says

UBS Group raised its price target for Expedia Group's stock from $182.00 to $209.00, maintaining a neutral rating. Other analysts have also updated their views, with William Blair upgrading to a 'buy' rating, Wedbush increasing the price target to $220.00 with a neutral rating, Truist Financial lowering the target to $168.00 with a 'hold' rating, Oppenheimer reducing the target to $210.00 with an 'outperform' rating, and B. Riley raising the target to $260.00 with a 'buy' rating. The stock has an average rating of 'Moderate Buy' and a consensus price target of $206.22. Expedia Group reported quarterly earnings of $4.24 EPS, exceeding estimates, with $3.79 billion in revenue, a 6.4% year-over-year increase, and a net margin of 7.94%. The company announced a $0.40 quarterly dividend, payable on September 18th, with a yield of 0.8% and a payout ratio of 19.61%. Institutional investors and hedge funds now own 90.76% of the company's shares, with several firms increasing or acquiring positions during the first and second quarters.