There’s Something Awry at Expedia Group Inc (NASDAQ:EXPE) Since Share Price Gets Ahead of Fundamentals

The stock of Expedia Group Inc (NASDAQ:EXPE) last traded at $112.71, up 18.84% from the previous session.

Data from the available sources indicates that Expedia Group Inc (NASDAQ:EXPE) is covered by 35 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $200.00 and a low of $90.00, we find $122.00. Given the previous closing price of $94.84, this indicates a potential upside of 28.64 percent. EXPE stock price is now 10.36% away from the 50-day moving average and 8.32% away from the 200-day moving average. The market capitalization of the company currently stands at $16.69B.

In total, 15 analysts have assigned it a hold rating, and 15 have given it a buy rating. Brokers who have rated the stock have averaged $126.76 as their price target over the next twelve months.

With the price target of $114, HSBC Securities recently initiated with Hold rating for Expedia Group Inc (NASDAQ: EXPE).

In other news, Dzielak Robert J, Chief Legal Officer & Sec’y sold 5,954 shares of the company’s stock on Sep 05. The stock was sold for $655,135 at an average price of $110.03. Upon completion of the transaction, the Chief Legal Officer & Sec’y now directly owns 69,796 shares in the company, valued at $7.87 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 29, Chief Legal Officer & Sec’y Dzielak Robert J sold 6,000 shares of the business’s stock. A total of $660,000 was realized by selling the stock at an average price of $110.00. This leaves the insider owning 75,750 shares of the company worth $8.54 million. Insiders disposed of 57,518 shares of company stock worth roughly $6.48 million over the past 1 year. A total of 4.35% of the company’s stock is owned by insiders.

With an opening price of $108.00 on Friday morning, Expedia Group Inc (NASDAQ: EXPE) set off the trading day. During the past 12 months, Expedia Group Inc has had a low of $82.39 and a high of $124.95. As of last week, the company has a debt-to-equity ratio of 3.91, a current ratio of 0.80, and a quick ratio of 0.80. According to the stock market information, the enterprise value for the company is $17.13B, which is based on a 20.23 price-to-earnings ratio, a 0.81 price-to-earnings-growth ratio, and a beta of 1.67. The fifty day moving average price for EXPE is $102.27 and a two-hundred day moving average price translates $104.08 for the stock.

The latest earnings results from Expedia Group Inc (NASDAQ: EXPE) was released for Sep, 2023. According to the Travel Services Company, earnings per share came in at $2.89, beating analysts’ expectations of $2.31 by 0.58. This compares to -$1.18 EPS in the same period last year. The net profit margin was 6.70% and return on equity was 42.73% for EXPE. The company reported revenue of $3.36 billion for the quarter, compared to $3.18 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.56 percent. For the current quarter, analysts expect EXPE to generate $3.86B in revenue.

Expedia Group Inc(EXPE) Company Profile

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, a full-service online travel brand with localized websites; for marketing and distributing lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz; Travelocity; Wotif Group; CheapTickets; ebookers; Expedia; Hotwire;; Classic Vacations; and Expedia Cruise. The company’s brand portfolio also comprises Expedia Partner Solutions, that offers private label and co-branded products through third-party websites; and Egencia that provides travel services to businesses and corporate customers. In addition, its brand portfolio consists of Trivago, a hotel metasearch website, which send referrals to online travel companies and travel service providers from hotel metasearch websites. Further, the company provides loyalty programs, hotel accommodations and alternative accommodations, and advertising and media services. It serves leisure and corporate travelers, that includes travel agencies, tour operators, travel supplier direct websites and call centers, consolidators and wholesalers of travel products and services, online portals and search websites, travel metasearch websites, mobile travel applications, and social media websites, as well as traditional consumer ecommerce and group buying websites. The company was formerly known as Expedia, Inc. and changed its name to Expedia Group, Inc. in March 2018. Expedia Group, Inc. was founded in 1996 and is headquartered in Seattle, Washington.

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