The stock of Expedia Group Inc (NASDAQ: EXPE) has increased by 2.33 when compared to last closing price of 161.11.Despite this, the company has seen a gain of 3.78% in its stock price over the last five trading days. geekwire.com reported 2024-11-04 that Expedia chairman Barry Diller told CNBC on Monday that a rumored acquisition of Uber is “just not going to happen.
Is It Worth Investing in Expedia Group Inc (NASDAQ: EXPE) Right Now?
Expedia Group Inc (NASDAQ: EXPE) has a higher price-to-earnings ratio of 29.47x compared to its average ratio, The 36-month beta value for EXPE is at 1.83. Analysts have varying views on the stock, with 18 analysts rating it as a “buy,” 6 rating it as “overweight,” 7 as “hold,” and 0 as “sell.”
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The public float for EXPE is 123.55M, and currently, shorts hold a 5.14% of that float. The average trading volume for EXPE on November 06, 2024 was 1.64M shares.
EXPE’s Market Performance
The stock of Expedia Group Inc (EXPE) has seen a 3.78% increase in the past week, with a 9.19% rise in the past month, and a 45.59% gain in the past quarter. The volatility ratio for the week is 3.10%, and the volatility levels for the past 30 days are at 2.40% for EXPE. The simple moving average for the past 20 days is 4.83% for EXPE’s stock, with a 22.67% simple moving average for the past 200 days.
Analysts’ Opinion of EXPE
Many brokerage firms have already submitted their reports for EXPE stocks, with TD Cowen repeating the rating for EXPE by listing it as a “Hold.” The predicted price for EXPE in the upcoming period, according to TD Cowen is $150 based on the research report published on September 25, 2024 of the current year 2024.
Truist, on the other hand, stated in their research note that they expect to see EXPE reach a price target of $148. The rating they have provided for EXPE stocks is “Hold” according to the report published on September 06th, 2024.
Cantor Fitzgerald gave a rating of “Neutral” to EXPE, setting the target price at $130 in the report published on September 05th of the current year.
EXPE Trading at 11.62% 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 able to rebound, for now settling with 0.13% of gains for the given period.
Volatility was left at 2.40%, however, over the last 30 days, the volatility rate increased by 3.10%, as shares surge +8.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.24% upper at present.
During the last 5 trading sessions, EXPE rose by +3.78%, which changed the moving average for the period of 200-days by +13.19% in comparison to the 20-day moving average, which settled at $157.27. In addition, Expedia Group Inc saw 8.62% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EXPE starting from KHOSROWSHAHI DARA, who sale 10,000 shares at the price of $156.87 back on Nov 01 ’24. After this action, KHOSROWSHAHI DARA now owns 188,505 shares of Expedia Group Inc, valued at $1,568,656 using the latest closing price.
KHOSROWSHAHI DARA, the Director of Expedia Group Inc, sale 10,000 shares at $150.18 during a trade that took place back on Oct 04 ’24, which means that KHOSROWSHAHI DARA is holding 198,505 shares at $1,501,788 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 0.14. Equity return is now at value 61.03, with 3.13 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 0.44. The debt to equity ratio resting at 7.04. The interest coverage ratio of the stock is 4.54.
Currently, EBITDA for the company is 2.27 billion with net debt to EBITDA at -0.78. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 3.16for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.
Conclusion
In conclusion, Expedia Group Inc (EXPE) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
