Stock Rating Downgrade
The Value Trend Rating for Expedia Group Inc (NASDAQ: EXPE) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 6/7/24, Expedia Group Inc (NASDAQ: EXPE) stock enjoyed a large increase of 2.3%, closing at $123.06. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 12.4% during the last week.
Current PriceTarget Research Rating
EXPE is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Expedia Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Expedia Group has a neutral Power Rating of 53 and a neutral Appreciation Score of 59, triggering the Neutral Value Trend Rating.
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