What Analysts Are Saying About Expedia Group Stock
22 analysts have shared their evaluations of Expedia Group (NASDAQ:EXPE) during the recent three months, expressing 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 | 5 | 3 | 14 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 4 | 2 | 13 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts have recently evaluated Expedia Group and provided 12-month price targets. The average target is $146.36, accompanied by a high estimate of $190.00 and a low estimate of $125.00. A 8.29% drop is evident in the current average compared to the previous average price target of $159.59.
Understanding Analyst Ratings: A Comprehensive Breakdown
An in-depth analysis of recent analyst actions unveils how financial experts perceive Expedia Group. The following summary 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 |
|---|---|---|---|---|---|
| Daniel Kurnos | Benchmark | Maintains | Buy | $180.00 | $180.00 |
| Jake Fuller | BTIG | Lowers | Buy | $150.00 | $175.00 |
| Brian Pitz | BMO Capital | Maintains | Market Perform | $145.00 | $145.00 |
| Shyam Patil | Susquehanna | Maintains | Neutral | $125.00 | $125.00 |
| Meredith Jensen | HSBC | Lowers | Hold | $132.00 | $166.00 |
| Trevor Young | Barclays | Lowers | Equal-Weight | $138.00 | $158.00 |
| Shyam Patil | Susquehanna | Lowers | Neutral | $125.00 | $145.00 |
| Daniel Kurnos | Benchmark | Maintains | Buy | $180.00 | $180.00 |
| Tom White | DA Davidson | Lowers | Neutral | $135.00 | $152.00 |
| Kevin Kopelman | TD Cowen | Lowers | Buy | $130.00 | $165.00 |
| Doug Anmuth | JP Morgan | Lowers | Neutral | $128.00 | $136.00 |
| Ken Gawrelski | Wells Fargo | Lowers | Equal-Weight | $137.00 | $149.00 |
| Naved Khan | B. Riley Securities | Lowers | Buy | $190.00 | $200.00 |
| Brad Erickson | RBC Capital | Lowers | Sector Perform | $140.00 | $155.00 |
| Mark Mahaney | Evercore ISI Group | Lowers | Outperform | $175.00 | $190.00 |
| Scott Devitt | Wedbush | Lowers | Neutral | $125.00 | $130.00 |
| Jed Kelly | Oppenheimer | Lowers | Outperform | $155.00 | $175.00 |
| James Lee | Mizuho | Lowers | Neutral | $135.00 | $140.00 |
| Brian Pitz | BMO Capital | Lowers | Market Perform | $145.00 | $165.00 |
| Thomas Champion | Piper Sandler | Lowers | Neutral | $145.00 | $175.00 |
| Jed Kelly | Oppenheimer | Maintains | Outperform | $175.00 | $175.00 |
| Scott Devitt | Wedbush | Maintains | Neutral | $130.00 | $130.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Expedia Group. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Expedia Group compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Expedia Group's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Expedia Group's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Expedia Group analyst ratings.
Delving into Expedia Group's Background
Expedia is the world's second-largest online travel agency by bookings, offering services for lodging (80% of total 2023 sales), air tickets (3%), rental cars, cruises, in-destination, and other (11%), and advertising revenue (6%). Expedia operates a number of branded travel booking sites, but its three core online travel agency brands are Expedia, Hotels.com, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
Financial Insights: Expedia Group
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Expedia Group's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 8.41%. This signifies 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 lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -4.67%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -11.14%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Expedia Group's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.58%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Expedia Group's debt-to-equity ratio is below the industry average at 7.37, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding the Relevance of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and 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.