why Expedia Group Inc [EXPE] is a Good Choice for Investors After New Price Target of $146.90

Expedia Group Inc [NASDAQ: EXPE] plunged by -$1.55 during the normal trading session on while it closed the day at $129.03.

Expedia Group Inc stock has also gained 13.94% of its value over the past 7 days. However, EXPE stock has inclined by 13.70% in the 3 months of the year. Over the past six months meanwhile, it has lost -4.31% and lost -14.99% year-on date.

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The market cap for EXPE stock reached $17.09 billion, with 131.52 million shares outstanding and 125.83 million shares in the current float. Compared to the average trading volume of 2.14M shares, EXPE reached a trading volume of 2829950 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Expedia Group Inc [EXPE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EXPE shares is $146.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EXPE stock is a recommendation set at 2.26. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Piper Sandler have made an estimate for Expedia Group Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 03, 2024. While these analysts kept the previous recommendation, BMO Capital Markets dropped their target price from $165 to $145. The new note on the price target was released on May 03, 2024, representing the official price target for Expedia Group Inc stock. Previously, the target price had yet another raise to $156, while BofA Securities analysts kept a Neutral rating on EXPE stock.

The Average True Range (ATR) for Expedia Group Inc is set at 5.03, with the Price to Sales ratio for EXPE stock in the period of the last 12 months amounting to 1.29. The Price to Book ratio for the last quarter was 18.98, with the Price to Cash per share for the same quarter was set at 63.36. Price to Free Cash Flow for EXPE in the course of the last twelve months was 8.52 with Quick ratio for the last quarter at 0.76.

EXPE stock trade performance evaluation

Expedia Group Inc [EXPE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.94. With this latest performance, EXPE shares dropped by -7.64% in over the last four-week period, additionally sinking by -4.31% over the last 6 months – not to mention a rise of 15.28% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EXPE stock in for the last two-week period is set at 54.10, with the RSI for the last a single of trading hit 56.37, and the three-weeks RSI is set at 53.12 for Expedia Group Inc [EXPE]. The present Moving Average for the last 50 days of trading for this stock 125.79, while it was recorded at 126.90 for the last single week of trading, and 131.66 for the last 200 days.

Expedia Group Inc [EXPE]: An insightful look at the core fundamentals

Expedia Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.76 and a Current Ratio set at 0.76.

Earnings per share (EPS) analysis for Expedia Group Inc [EXPE] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EXPE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Expedia Group Inc go to 19.20%.

Expedia Group Inc [EXPE]: Institutional Ownership

The top three institutional holders of EXPE stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in EXPE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in EXPE stock with ownership which is approximately 5.1238%.

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