Expedia Group Inc. (EXPE) Stock: Should Investors Follow These Insider Trades?

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Expedia Group Inc. (NASDAQ:EXPE) saw an upside of 0.25% to $116.02 after adding $0.29 on Tuesday. The 5-day average trading volume is 2,304,986 shares of the company’s common stock. It has gained $116.93 in the past week and touched a new high 4 times within the past 5 days. An average of 2,352,152 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,338,763.

EXPE’s 1-month performance is 35.18% or $29.40 on its low of $83.29 reached on 12/28/22. The company’s shares have touched a 52-week low of $82.39 and high of $217.72, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, EXPE has achieved 32.11% or $28.23 and has reached a new high 13 times. However, the current price is down -46.71% from the 52-week high price.

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Insider Transactions

EXPE stock investors last saw insider trading activity on Nov 15.Soliday Lance A (Chief Accounting Officer) most recently sold 635 shares at $100.18 per share on Nov 15. This transaction cost the insider $63,617. Director Emeritus, Dolgen Jonathan L, sold 1,000 shares at a price of $101.55 on Sep 07. Then, on Aug 15, Chief Accounting Officer Soliday Lance A sold 636 shares at a price of $114.04 per share. This transaction amounted to $72,532.

Valuation Metrics

EXPE stock has a beta of 1.59. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.53 while the price-to-book (PB) in the most recent quarter is 8.04, with the price to cash flow ratio at 5.30.

Expedia Group Inc.’s quick ratio for the period ended September 29 was 0.80, with the current ratio over the same period at 0.80. As well, the company’s long term debt to equity for the quarter ending September 29 was 2.75, while the total debt to equity was 2.75. In terms of profitability, the gross margin trailing 12 months is 85.50%. The firm’s gross profit as reported stood at $7.08 billion against revenue of $8.6 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Expedia Group Inc.’s cash and short-term investments amounted to $49.0 million against total debt of $6.55 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 24.9% to $482.0 million, while revenue of -$185.0 million was 138.38% off the previous quarter. Analysts expected EXPE to announce $4.12 per share in earnings in its latest quarter, but it posted $4.05, representing a -1.70% surprise. EBITDA for the quarter stood at more than $1.12 billion. EXPE stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 18.17 billion, with total debt at $6.55 billion. Shareholders hold equity totaling $156.09 million.

Let’s look briefly at Expedia Group Inc. (EXPE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 84.14% to suggest the stock is trending Overbought, with historical volatility in this time period at 30.81%.

The stock’s 5-day moving average is $110.76, reflecting a +8.71% or $9.28 change from its current price. EXPE is currently trading +37.04% above its 20-day SMA, +12.85% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +30.06% and SMA200 by-36.17%.

Stochastic %K and %D was 98.23% and 94.75% and the average true range (ATR) pointed at 3.91. The RSI (14) points at 76.78%, while the 14-day stochastic is at 96.12% with the period’s ATR at 3.86. The stock’s 9-day MACD Oscillator is pointing at 6.65 and 11.77 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Expedia Group Inc. (NASDAQ: EXPE), Oppenheimer upgraded it to an Outperform rating. They previously had a Perform rating on the stock. Analysts offering their rating for EXPE stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate EXPE as a “sell,”, while 13 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 14 have offered a “buy” rating.

What is EXPE’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $85.00 and a high of $176.00, with their median price target at $120.00. Looking at these predictions, the average price target given by analysts is for Expedia Group Inc. (EXPE) stock is $125.67.

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