Stocks of Expedia Group Inc. (EXPE) are poised to climb above their peers

Expedia Group Inc. (NASDAQ: EXPE) stock jumped 0.10% on Thursday to $106.93 against a previous-day closing price of $106.82. With 2.22 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.5 million shares. During the session, the Travel Services company that operates in wider Consumer Cyclical sector, reached to the highest price of $107.90 whereas the lowest price it dropped to was $104.93. The 52-week range on EXPE shows that it touched its highest point at $124.95 and its lowest point at $82.39 during that stretch. It currently has a 1-year price target of $128.83. Beta for the stock currently stands at 1.64.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EXPE was up-trending over the past week, with a rise of 1.11%, but this was down by -0.47% over a month. Three-month performance dropped to -1.84% while six-month performance rose 16.57%. The stock lost -1.16% in the past year, while it has gained 22.07% so far this year. A look at the trailing 12-month EPS for EXPE yields 5.67 with Next year EPS estimates of 11.80. For the next quarter, that number is 5.02. This implies an EPS growth rate of 221.10% for this year and 22.80% for next year. EPS is expected to grow by 25.63% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.30%.

Float and Shares Shorts:

At present, 147.17 million EXPE shares are outstanding with a float of 137.12 million shares on hand for trading. On Aug 30, 2023, short shares totaled 6.68 million, which was 4.66% higher than short shares on Jul 30, 2023. In addition to Mr. Barry Diller as the firm’s Exec. Chairman & Sr. Exec., Mr. Peter Maxwell Kern serves as its Vice Chairman & CEO.

Institutional Ownership:

Through their ownership of 97.15% of EXPE’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 49.63% of EXPE, in contrast to 45.91% held by mutual funds. Shares owned by individuals account for 19.98%. As the largest shareholder in EXPE with 11.12% of the stake, The Vanguard Group, Inc. holds 15,855,500 shares worth 15,855,500. A second-largest stockholder of EXPE, BlackRock Fund Advisors, holds 7,236,878 shares, controlling over 5.08% of the firm’s shares. SSgA Funds Management, Inc. is the third largest shareholder in EXPE, holding 5,640,667 shares or 3.96% stake. With a 3.11% stake in EXPE, the Vanguard Total Stock Market ETF is the largest stakeholder. A total of 4,440,503 shares are owned by the mutual fund manager. The Vanguard 500 Index Fund, which owns about 2.39% of EXPE stock, is the second-largest Mutual Fund holder. It holds 3,414,386 shares valued at 418.36 million. Vanguard Mid Cap Index Fund holds 2.32% of the stake in EXPE, owning 3,300,755 shares worth 404.44 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, EXPE reported revenue of $3.18B and operating income of $376.00M. The EBITDA in the recently reported quarter was $198.00M and diluted EPS was -$1.17.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EXPE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With EXPE analysts setting a high price target of $200.00 and a low target of $90.00, the average target price over the next 12 months is $127.27. Based on these targets, EXPE could surge 87.04% to reach the target high and fall by -15.83% to reach the target low. Reaching the average price target will result in a growth of 19.02% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Dividends & Yield:

In terms of dividends, EXPE has a dividend of $1.12 is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and EXPE currently yields $0.19. In the past year, EXPE’s dividend yield has been $0.19, but when looking at the stock over the past five years, its yield has been $1.0. Accordingly, EXPE has a current buyback yield of $10.44. This was $10.44 for the TTM, and it was $3.67 for the past five years.

Summary of Insider Activity:

Insiders traded EXPE stock several times over the past three months with 13 Buys and 6 Sells. In these transactions, 17,105 shares were bought while 8,224 shares were sold. The number of buy transactions has increased to 77 while that of sell transactions has risen to 25 over the past year. The total number of shares bought during that period was 88,124 while 45,564 shares were sold.

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