(VIANEWS) – On Friday evening at 22:23 EST, Expedia Group (NASDAQ: EXPE) shares experienced an unprecedented 17.13% surge, reaching EUR111.09 at 22:23 EST and contributing to an overall bullish trading session seen across markets. Meanwhile, the NASDAQ index gained 1.43% to EUR13,484.01, signifying its positive trend for that day.
Expedia Group closed with a price of EUR94.84 at its last closing, 24.1% lower than its 52-week high of EUR124.95, suggesting the stock has been trading at a discount. However, recent surge in prices may signal investor optimism for Expedia’s prospects and an expectation that they’ll return soon to earlier highs.
About Expedia Group
Expedia Group is an international travel service provider, offering a broad selection of travel products and services to both leisure and corporate travellers worldwide. Trivago operates three segments, retail, B2B and trivago. Their portfolio of travel brands include Expedia, Hotels.com, Vrbo, Orbitz Travelocity Wotif Group CheapTickets ebookers Expedia Hotwire CarRentals Classic Vacations Expedia Cruise among others. Expedia Partner Solutions and Egencia also provide co-branded or private label travel products and services to businesses and corporate customers, while Trivago acts as a hotel metasearch website to refer prospective travelers directly. Expedia Group also provides loyalty programs, hotel accommodations, alternative accommodations and advertising and media services. Founded in 1996 in Seattle and previously known as Expedia Inc, Expedia Group changed to Expedia Group Inc on March 18, 2018.
Yearly Analysis
According to Expedia Group’s stock performance data, its share is currently underperforming its 52-week high while outpacing its 52-week low significantly – this suggests investors may have become wary about short-term prospects but still believe in its long-term potential.
This year and next, revenue growth projections of 9.9% and 8.7% indicate that revenue should continue to expand at an impressive pace, potentially leading to greater profits and stock value gains for the company.
Expedia Group’s EBITDA of 22.65 indicates that it is generating significant earnings before considering interest, taxes, depreciation and amortization expenses – an indicator of financial health and long-term potential of its stock.
Overall, investors may wish to evaluate current market conditions and Expedia Group’s growth prospects when making a decision regarding investing in their stock. But investors should also take into account other aspects of Expedia Group such as financial health, industry trends and competitive landscape before making any definitive investment decisions.
Technical Analysis
Expedia Group’s stock has been doing extremely well recently, with both its 50-day and 200-day moving averages well-above its current price. Furthermore, volume for today was higher than normal indicating increased interest.
However, it should be noted that the stock’s volatility has been relatively low in recent months – an average intraday variation of 1.50% can be seen as positive sign for investors; however, low volatility may indicate lack of momentum within a stock.
The stochastic oscillator indicates that a stock may currently be overbought, which could prompt a short-term correction in its price.
Expedia Group stock is currently performing well, so investors should keep an eye on its volatility and stochastic oscillator readings to make informed decisions regarding their investment in Expedia Group.
Quarter Analysis
Expedia Group’s current quarter sales growth of 6.6% and next quarter growth estimate of 12% indicate a positive trend in its revenue growth. Furthermore, Expedia’s revenue estimates for both quarters at 23.2% and 47.6% support its strength as an investment candidate over the short to mid term future. Its year-on-year quarterly revenue growth of 5.6% confirms this momentum and should encourage investors to include Expedia Group stocks as potential additions to their portfolios.
Equity Analysis
Based on the provided data, Expedia Group appears to be an efficient company with an attractive dividend yield of 1.71% compared to similar businesses in its industry. Furthermore, its return on equity of 27.22% suggests it’s making significant profits off its equity investments.
However, its price-to-earnings ratio of 19.56 may cause concern among investors as it suggests the shares are trading at a premium. It is important to remember that P/E ratio alone may not give a complete picture of company valuation; other aspects such as growth prospects and competitive positioning should also be taken into account when making this evaluation.
Overall, Expedia Group seems like an attractive investment choice, particularly for investors interested in companies with stable dividend yields and good profitability. But as with any investment decision, conducting further research and analysis are essential before making your final choice.
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