Expedia Group Inc. (NASDAQ:EXPE) saw an upside of 0.48% to close Tuesday at $108.59 after adding $0.52 on the day. The 5-day average trading volume is 2,142,820 shares of the company’s common stock. It has gained $110.15 in the past week and touched a new high 3 times within the past 5 days. An average of 3,091,290 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,625,786.
EXPE’s 1-month performance is -7.05% or -$10.41 on its low of $97.27 reached on 08/03/23. The company’s shares have touched a 52-week low of $82.39 and high of $124.95, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, EXPE has achieved 23.96% or $20.99 and has reached a new high 15 times. However, the current price is down -13.09% from the 52-week high price.
Insider Transactions
EXPE stock investors last saw insider trading activity on Aug 16.Soliday Lance A (Chief Accounting Officer) most recently sold 531 shares at $107.26 per share on Aug 16. This transaction cost the insider $56,955. Chief Accounting Officer, Soliday Lance A, sold 462 shares at a price of $91.66 on May 15. Then, on Feb 21, Chief Accounting Officer Soliday Lance A sold 5,387 shares at a price of $106.99 per share. This transaction amounted to $576,355.
Valuation Metrics
EXPE stock has a beta of 1.64. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.25 while the price-to-book (PB) in the most recent quarter is 9.09, with the price to cash flow ratio at 6.61.
Expedia Group Inc.’s quick ratio for the period ended June 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 June 29 was 3.55, while the total debt to equity was 3.55.. In terms of profitability, the gross margin trailing 12 months is 86.20%. The trailing 12-month EBITDA margin is 16.78% while for the period ending June 29, Expedia Group Inc.’s operating margin was 11.20%. The firm’s gross profit as reported stood at $10.01 billion against revenue of $11.67 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 148.05% to $385.0 million, while revenue of -$145.0 million was 137.66% off the previous quarter. Analysts expected EXPE to announce $2.31 per share in earnings in its latest quarter, but it posted $2.89, representing a 25.10% surprise. EBITDA for the quarter stood at more than $748.0 million. EXPE stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 22.46 billion, with total debt at $6.55 billion. Shareholders hold equity totaling $143.37 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 22 August was 45.62% to suggest the stock is trending Neutral, with historical volatility in this time period at 26.34%.
The stock’s 5-day moving average is $107.33, reflecting a +1.08% or $1.16 change from its current price. EXPE is currently trading -7.53% above its 20-day SMA, +14.27% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -1.71% and SMA200 by+20.20%.
Stochastic %K and %D was 53.66% and 43.78% and the average true range (ATR) pointed at 3.48. The RSI (14) points at 46.07%, while the 14-day stochastic is at 73.99% with the period’s ATR at 3.60. The stock’s 9-day MACD Oscillator is pointing at -0.84 and 0.23 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Expedia Group Inc. (NASDAQ: EXPE), Melius launched coverage with a Neutral rating. Analysts offering their rating for EXPE stock have a consensus rating for the stock as Overweight. Currently, 2 brokerage advisors rate EXPE as a “sell,”, while 14 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 15 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 $90.00 and a high of $200.00, with their median price target at $122.00. Looking at these predictions, the average price target given by analysts is for Expedia Group Inc. (EXPE) stock is $127.45.
