Should Investors Trust The Upside Potential In Expedia Group Inc (EXPE)?

Expedia Group Inc (NASDAQ:EXPE) currently has a daily average trading volume of 1.54M but it saw 1251735 shares traded in last market. With a market cap of 23.14B USD, the company’s current market price of $180.33 came falling about -0.92 while comparing to the previous closing price of $182.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $190.40 and as low as $107.25. In the recent trading on the day, stock has struck highest price mark of $179.1061 while lowest mark touched by it was $183.3.

Taking a look at 20-day trading activity of Expedia Group Inc (EXPE) gives us an average price of $165.61, while its current price level is -5.29% below from 52-week high level whereas it is 68.14% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $152.53 while that of 200 days or SMA-200 reads an average of $135.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.48% during that period while stretching the period over a month that decreases to 2.82%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 73.06 which implies that the stock is in overbought territory.

TD Cowen downgraded its recommendation for the stock as a “Hold” from “Buy” on September 25, 2024 while assigning a price target range of $130-$150. Truist issued its recommendations for the stock as it initiated the price target for the stock is $148.

Over the week, EXPE’s stock price is moving 4.93% up while it is 19.27% when we observe its performance for the past one month. Year-to-date it is 18.80% up and over the past year, the stock is showing an upside performance of 52.20%.

Currently, Expedia Group Inc’s total number of outstanding shares is 131.52M. Company’s return on investment (ROI) stands at 15.61% and return on equity (ROE) at 71.25%. It has a price to earnings ratio (P/E ratio) of 23.25 while having a 12.76 of forward P/E ratio. Stock’s beta reads 1.85. Stock has a price to book (P/B) ratio of 17.57 while price to sale or P/S ratio amounts to 1.73. Its return on asset (ROA) is 4.65% on average.