Expedia Group, Inc. (NASDAQ:EXPE) traded at $78.53 at last check on Monday, June 29, making an upward move of 1.3% on its previous day’s price.
Looking at the stock we see that its previous close was $77.59 and the beta (5Y monthly) reads 1.58 with the day’s price range being $75.75 – 79.43. In terms of its 52-week price range, EXPE has a high of $144 and a low of $40.76. The company’s stock has gained about -1.51% over that past 30 days.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $582.94 Million, with a low of $316Million and a high of $772.4 Million. The median projection represents growth adding up to -81.5% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $6.05 Billion, or -49.9% down from figures reported last year.
On the other hand, looking at the outlook for the EXPE stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Based on estimates by 31 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 16 have rated the Expedia Group, Inc. (EXPE) stock as a Hold, while 13 rate it as a Buy. 1 analysts rate it as outperform while none of them rated it as underperform, whereas 1 suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the EXPE stock currently stands at 0, and the current price level is -7.58% off its SMA20 and 3.51% from its 50-day simple moving average. The RSI (14) is pointing at 45.71 while the volatility over the past week is 5.97% and drops to 5.55% over the past one month. The beta value is 1.58, while the average true range (ATR) is currently pointing at 5.12. The average price target for the stock over the next 12 months is $91.16, with the estimates having a low of $60 and a high of $137. These price ends are -23.6% and +74.46% off the current price level respectively, although investors could be excited at the prospect of a +14.61% if the EXPE share price touches on the median price of $90.
Let’s briefly compare Expedia (EXPE) stock to its peers. We find that today’s price change of +1.3% and -40.38% over the past 12 months for EXPE competes that of Amazon.com Inc (AMZN), which has seen its stock price fall -1.06% in the latest trading session and is +41.41% over the last one year. Another of its peers Alibaba Group Holding (BABA) has dropped -0.66% today, and is +26.22% up over the past year, while Pinduoduo Inc ADR (PDD) is also up 1.3% yet its price remains in the red at -40.38% over the same period. Amazon.com has a P/E ratio of 128.64 compared to Expedia’s 0 and Alibaba’s 27.12. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 1.81% and 1.11%, respectively, in early deals.
Coming back to Expedia Group, Inc. (NASDAQ:EXPE), we note that the average 3-month trading volume was 4.83 Million, while that of the preceding 10-day period stands at 4.94 Million. Current shares outstanding are 135.46 Million.
According to data from Thomson Reuters, insiders hold 0.7% of the company’s shares while institutions hold 107.95%. The data shows that short shares as of June 14, 2020, stood at 13.14 Million at a short ratio of 2.27. This represents a 9.32% Short interest in Shares outstanding on June 14, 2020. Shares short dropped in June from the previous month at 13.23 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -28.25% down in year-to-date price movement.