The price-to-earnings ratio for Expedia Group Inc (NASDAQ: EXPE) is above average at 21.64x. The 36-month beta value for EXPE is also noteworthy at 1.84. There are mixed opinions on the stock, with 18 analysts rating it as a “buy,” 6 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for EXPE is 126.19M, and at present, short sellers hold a 5.39% of that float. The average trading volume of EXPE on May 06, 2024 was 2.59M shares.
EXPE) stock’s latest price update
Expedia Group Inc (NASDAQ: EXPE)’s stock price has plunge by -15.25relation to previous closing price of 136.09. Nevertheless, the company has seen a -15.01% plunge in its stock price over the last five trading sessions. CNBC Television reported 2024-05-03 that Gina Sanchez, Lido Advisors chief market strategist, joins ‘Power Lunch’ to discuss investment plays for three stocks, including Bookings, Expedia, and D.R. Horton.
EXPE’s Market Performance
EXPE’s stock has fallen by -15.01% in the past week, with a monthly drop of -11.76% and a quarterly drop of -23.65%. The volatility ratio for the week is 3.46% while the volatility levels for the last 30 days are 2.44% for Expedia Group Inc The simple moving average for the last 20 days is -12.98% for EXPE stock, with a simple moving average of -8.62% for the last 200 days.
Analysts’ Opinion of EXPE
Many brokerage firms have already submitted their reports for EXPE stocks, with Piper Sandler repeating the rating for EXPE by listing it as a “Neutral.” The predicted price for EXPE in the upcoming period, according to Piper Sandler is $145 based on the research report published on May 03, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see EXPE reach a price target of $145, previously predicting the price at $165. The rating they have provided for EXPE stocks is “Market Perform” according to the report published on May 03rd, 2024.
BofA Securities gave a rating of “Neutral” to EXPE, setting the target price at $156 in the report published on February 09th of the current year.
EXPE Trading at -14.10% from the 50-Day Moving Average
After a stumble in the market that brought EXPE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.94% of loss for the given period.
Volatility was left at 2.44%, however, over the last 30 days, the volatility rate increased by 3.46%, as shares sank -12.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.09% lower at present.
During the last 5 trading sessions, EXPE fell by -15.01%, which changed the moving average for the period of 200-days by -3.17% in comparison to the 20-day moving average, which settled at $131.72. In addition, Expedia Group Inc saw -24.02% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EXPE starting from Soliday Lance A, who sale 2,778 shares at the price of $136.50 back on Feb 29 ’24. After this action, Soliday Lance A now owns 11,005 shares of Expedia Group Inc, valued at $379,188 using the latest closing price.
Soliday Lance A, the Chief Accounting Officer of Expedia Group Inc, sale 5,119 shares at $137.21 during a trade that took place back on Feb 22 ’24, which means that Soliday Lance A is holding 10,880 shares at $702,361 based on the most recent closing price.
Stock Fundamentals for EXPE
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.4 for the gross margin
The net margin for Expedia Group Inc stands at 0.06. The total capital return value is set at 0.12. Equity return is now at value 59.29, with 3.24 for asset returns.
Based on Expedia Group Inc (EXPE), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 7.06. The interest coverage ratio of the stock is 8.95.
Currently, EBITDA for the company is 2.27 billion with net debt to EBITDA at -0.45. When we switch over and look at the enterprise to sales, we see a ratio of 1.04. The receivables turnover for the company is 3.43for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.79.
Conclusion
In summary, Expedia Group Inc (EXPE) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
