Ratings for Expedia Group EXPE were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 3 | 3 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 1 | 1 | 0 | 0 |
2M Ago | 0 | 2 | 2 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Expedia Group, presenting an average target of $155.0, a high estimate of $200.00, and a low estimate of $115.00. Observing a 18.84% increase, the current average has risen from the previous average price target of $130.43.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of Expedia Group among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Jake Fuller | BTIG | Raises | Buy | $175.00 | $150.00 |
Mario Lu | Barclays | Raises | Equal-Weight | $150.00 | $136.00 |
Jed Kelly | Oppenheimer | Raises | Outperform | $175.00 | $135.00 |
Mark Mahaney | Evercore ISI Group | Raises | Outperform | $200.00 | $135.00 |
Brian Nowak | Morgan Stanley | Raises | Equal-Weight | $135.00 | $130.00 |
Thomas Champion | Piper Sandler | Raises | Overweight | $135.00 | $119.00 |
Scott Devitt | Wedbush | Raises | Neutral | $115.00 | $108.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Expedia Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Expedia Group compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Expedia Group's stock. This examination reveals shifts in analysts' expectations over time.
Capture valuable insights into Expedia Group's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Expedia Group analyst ratings.
All You Need to Know About Expedia Group
Expedia is the world's second largest online travel agency by bookings, offering services for lodging (76% of total 2022 sales), air tickets (3%), rental cars, cruises, in-destination, and other (14%), and advertising revenue (7%). Expedia operates a number of branded travel booking sites, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, AirAsia, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
Understanding the Numbers: Expedia Group's Finances
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Over the 3 months period, Expedia Group showcased positive performance, achieving a revenue growth rate of 8.57% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Expedia Group's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 10.82%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Expedia Group's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 24.77%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Expedia Group's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.76%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 3.91.
How Are Analyst Ratings Determined?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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