As of Wednesday close, Expedia Group Inc.’s (NASDAQ:EXPE) stock was down -$1.09, moving down -0.99 percent to $108.86. The average number of shares traded per day over the past five days has been 1,707,360 shares. 3 times new highs have been achieved over the past 5 days, with a $1.27 gain in that time frame. In the last twenty days, the average volume was 3,118,475, while in the previous 50 days, it was 2,508,674.
Since last month, EXPE stock retreated -9.84%. Shares of the company fell to $97.27 on 08/03/23, the lowest level in the past month. A 52-week high of $124.95 was reached on 02/02/23 after having rallying from a 52-week low of $82.39. Since the beginning of this year, EXPE’s stock price has risen by 24.27% or $21.26, and marked a new high 15 times. However, the stock has declined by -12.88% since its 52-week high.
EXPE stock investors should be aware that Expedia Group Inc. (EXPE) stock had its last reported insider trading activity 15 days ago on Aug 16. Soliday Lance A, the Chief Accounting Officer of the company, disposed of 531 shares for $107.26 on Aug 16. It resulted in a $56,955 divestment by the insider. Soliday Lance A sold 462 shares at an average price of $91.66 on May 15. The insider now owns 9,517 shares following the transaction. On Feb 21, Chief Accounting Officer Soliday Lance A sold 5,387 shares at $106.99 apiece. The transaction was valued at $576,355.
Valuation Metrics
Right now, Expedia Group Inc. (EXPE) has a P/E ratio of about 19.19. The stock’s beta is 1.64. Besides these, the trailing price-to-sales (P/S) ratio of 1.26, the price-to-book (PB) ratio of 9.11, and the price-to-cash flow ratio of 6.66 may also be considered.
The latest dividend of $0.34 per share was paid out, remained unchanged from last year’s $0.34.
Financial Health
In the three months ended June 29, Expedia Group Inc.’s quick ratio stood at 0.80, while its current ratio was 0.80, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 3.55, and the total debt-to-equity ratio was 3.55. On the profitability front, the trailing twelve-month gross margin is 86.20% percent. In the year ended June 29, EBITDA margin amounted to 16.78%, whereas operating margins totaled 11.20%. Based on annual data, EXPE earned $10.01 billion in gross profit and brought in $11.67 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.10%. Return on equity (ROE) for the past 12 months was 44.20%.
In Expedia Group Inc.’s quarter-end financial report for June 29, it reported total debt of $6.25 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. EXPE’s revenue rose 5.27% to $2.67 billion during the quarter, while net income inched up to $3.36 billion. While analysts expected Expedia Group Inc. to report $2.31 quarterly earnings, the actual figure was $2.89 per share, beating the consensus estimate by 25.10%. During the quarter, the company generated $748.0 million in EBITDA. The liabilities of Expedia Group Inc. were 22.46 billion at the end of its most recent quarter ended June 29, and its total debt was $6.55 billion. The value of shareholders’ equity is $143.37 million.
Technical Picture
This quick technical analysis looks at Expedia Group Inc.’s (EXPE) price momentum. With a historical volatility rate of 17.39%, the RSI 9-day stood at 49.40% on 30 August.
With respect to its five-day moving average, the current Expedia Group Inc. price is up by +1.18% percent or $1.27. At present, EXPE shares trade -7.75% below its 20-day simple moving average and +18.71% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.81% above its SMA50 and +9.92% above its SMA200.
Stochastic coefficient K was 62.57% and Stochastic coefficient D was 53.27%, while ATR was 2.78. Given the Stochastic reading of 61.60% for the 14-day period, the RSI (14) reading has been calculated as 48.08%. As of today, the MACD Oscillator reading stands at 1.07, while the 14-day reading stands at 0.78.
Analyst Ratings
Melius launched its rating on Expedia Group Inc. (NASDAQ: EXPE) to a Neutral in a note to investors on July 31, 2023. Expedia Group Inc. (EXPE) has been rated Overweight by analysts. According to 2 brokerage firms, EXPE is a sell, and 14 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Expedia Group Inc. stock as buy, with 15 recommending it as overweight.
With a median target price of $122.00, the current consensus forecast for the stock is $90.00 – $200.00. Based on these forecasts, analysts predict Expedia Group Inc. (EXPE) will achieve an average price target of $127.45.
