On 5/3/24, Expedia Group Inc (NASDAQ: EXPE) stock suffered a major decline of -15.3%, closing at $115.33. Moreover, exceptionally high trading volume at 624% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -15.4% during the last week.
Current PriceTarget Research Rating
EXPE’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Expedia Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Expedia Group has a slightly positive Appreciation Score of 64 and a good Power Rating of 80, triggering the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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