Expedia Group, Inc.’s Stock Price Soars to $120.31, Marking a Robust 4.29% Increase

Expedia Group, Inc. (EXPE)

120.31 USD +4.95 (+4.29%) Volume: 3.05M

Expedia Group, Inc.’s stock price soars to $120.31, marking a significant trading session increase of +4.29% with a robust trading volume of 3.05M, despite a year-to-date percentage change of -20.74%.

Latest developments on Expedia Group, Inc.

Expedia Group, Inc. (NASDAQ:EXPE) has seen fluctuations in its stock price recently due to various selling activities by key stakeholders. California State Teachers Retirement System, TD Asset Management Inc, and General American Investors Co. Inc. all sold significant amounts of Expedia Group Inc. shares, leading to a decrease in stock value. Despite this, the company’s Senior Vice President, Lance A. Soliday, sold over $61k in company stock, showing confidence in the company’s performance. Additionally, Advisory Services Network LLC acquired shares, indicating some investor interest. While Expedia Group Inc. stock underperformed compared to competitors on Tuesday, it saw a rise on Wednesday, albeit still lagging behind the market. With questions arising about the company’s growth potential and customer momentum, investors are closely monitoring Expedia Group Inc.’s stock movements.

Expedia Group, Inc. on Smartkarma

Analysts at Baptista Research on Smartkarma have provided insightful coverage on Expedia Group, Inc. The first report titled “Expedia Group: Advancements in GenAI and Personalized Travel Experiences! – Major Drivers” highlights the company’s Q1 2024 performance in a healthy market environment. Despite meeting revenue and EBITDA projections, Expedia experienced weaker gross bookings, particularly in its Vrbo business. North America saw slower growth compared to other international markets, indicating varying performance across geographical areas.

In another report by Baptista Research, “Expedia Group: Boosting European Travel with New Partnerships! – Major Drivers,” the analysts delve into the company’s Q4 2023 financial results. Despite significant changes and unpredictability, Expedia met its guidance with strong revenue and EBITDA performance. The lodging business recorded a record quarter in hotel gross bookings, growing by 13% YoY. However, there was softness in gross bookings driven by air, mainly due to a reduction in average ticket prices. Baptista Research aims to evaluate factors influencing the company’s future price and conduct an independent valuation using a Discounted Cash Flow methodology.

A look at Expedia Group, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Expedia Group, Inc. has a positive long-term outlook based on the Smartkarma Smart Scores. With a strong Growth score of 4, the company is expected to see significant expansion and development in the future. Additionally, its Resilience score of 4 indicates that Expedia Group, Inc. is well-equipped to weather any potential challenges or market fluctuations. While the Value score is lower at 2, suggesting that the stock may not be undervalued, the overall outlook for the company remains promising.

Despite a lower Dividend score of 1, Expedia Group, Inc. is positioned well for future growth and stability. The company’s Momentum score of 3 suggests that there is moderate upward momentum in its stock price. Expedia Group, Inc. provides branded online travel services for leisure and small business travelers, offering a wide range of travel shopping and reservation services. With real-time access to schedule, pricing, and availability information for airlines, hotels, and car rental companies, the company is a key player in the online travel industry.

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