Alert: New Earnings Report (11/7/24)-Expedia Group Inc (NASDAQ: EXPE).

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Expedia Group Inc (NASDAQ: EXPE) has reported E.P.S. of $5.28 for its third fiscal quarter (ending September 30) versus $2.98 for the same period a year ago — an increase of 77%. For the latest four quarters through September 30, E.P.S. were $8.03 compared to $5.65 a year ago — an increase of 42%.

Recent Price Action

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Expedia Group Inc (NASDAQ: EXPE) stock closed at $174.13 on 11/7/24 after an increase of 1.3%. Moreover, unusually high trading volume at 199% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 8.1% 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 (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Expedia Group has a neutral Appreciation Score of 48 but a good Power Rating of 78, with the High Neutral Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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