How did Expedia Group’s stock perform in 2020?
Apr 02, 2022 · Expedia Group's stock was trading at $76.67 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, EXPE shares have increased by 136.9% and is now trading at $181.65.
Is Expedia stock a buy during the pandemic?
Apr 27, 2022 · Expedia Group, Inc. EXPE is scheduled to report first-quarter 2021 results on May 2. For the first quarter, the Zacks Consensus Estimate for revenues is pegged at $2.27 billion, suggesting growth ...
Should you hold Expedia Group (Expe) stock?
Mar 03, 2021 · Why Expedia Stock Rose 30% in February. ... The rally added to big gains for the travel booking stock, which is up more than 60% in the past full year. Image source: Getty Images.
What is the upside for Expedia Group (Expe)?
Jan 05, 2021 · The stock gained 22% in 2020 compared to a 16% rise in the S&P 500, according to data provided by S&P Global Market Intelligence. Shares of the travel booking giant had been down by over 50% at ...
Is Expedia a good stock to buy now?
Is EXPE Stock A Buy, Sell, Or Hold? EXPE stock is a Hold. Expedia's recovery from the negative effects of COVID-19 was temporarily derailed due to the Omicron variant, but there were positive signs relating to bookings witnessed in January 2022 and early-February 2022.Feb 16, 2022
Will Expedia stock go up?
During the day the stock fluctuated 3.15% from a day low at $176.44 to a day high of $182.00. The price has fallen in 6 of the last 10 days and is down by -8.21% for this period....Predicted Opening Price for Expedia of Tuesday, April 12, 2022.Fair opening price April 12, 2022Current price$178.59$177.32 (Undervalued)
How is Expedia doing financially?
Expedia Group had adjusted EBITDA of $479 million in the final quarter of 2021 – making it the highest Q4 adjusted EBITDA in company history and the third consecutive quarter of positive adjusted EBITDA. For the full year 2021 adjusted EBITDA was $1.5 billion.Feb 11, 2022
Is Expedia a buy or sell?
Expedia Group has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 11 buy ratings, 14 hold ratings, and no sell ratings.
Is Expedia profitable?
Expedia is one of the key players in the global online travel market, reporting one of the highest revenue of leading online travel agencies (OTAs) worldwide. The Washington-based company generated most of its annual income in the United States.Feb 21, 2022
Is Airbnb a buy?
Airbnb has excellent prospects at an inexpensive valuation At 43, it's down from a peak of over 240 in early 2021. With an asset-light business model, soaring profits, growing market share, and an inexpensive valuation, it's no surprise why Airbnb is my highest conviction stock to buy right now.Mar 18, 2022
Who is Expedia owned by?
ExpediaExpedia.com logoType of businessSubsidiaryType of siteTravel agency Metasearch engineAvailable inEnglishOwnerExpedia Group5 more rows
Is Expedia owned by Microsoft?
Following the initial public offering, Expedia, Inc. will become a separate company, but will have a contractual relationship with and be majority-owned by Microsoft®. As part of the contractual relationship, Expedia, Inc. will continue to provide Travel travel services on the MSN. comTM network of Internet services.Sep 24, 1999
How much does Expedia make per booking?
Having a higher mix of bookings for independent hotels versus chain hotels might skew well for Expedia in the short term. Skift Research estimates that independents pay Expedia commissions of 15 percent to 30 percent as opposed to big brands, which pay 10 percent to 15 percent commissions.Feb 8, 2018
Is Expedia undervalued?
Now 21% undervalued The fair value is estimated to be US$245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 25% per annum over the last 3 years. The company became loss making over the last 3 years.
What is Airbnb stock price?
$ 167.35CloseChgChg %$165.74-4.96-2.91%
Is Expedia Group a buy right now?
24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Expedia Group in the last year. There are currently 13 hold ratings and 1...
How has Expedia Group's stock price been impacted by Coronavirus?
Expedia Group's stock was trading at $76.67 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization...
Are investors shorting Expedia Group?
Expedia Group saw a decrease in short interest during the month of January. As of January 31st, there was short interest totaling 7,290,000 shares,...
When is Expedia Group's next earnings date?
Expedia Group is scheduled to release its next quarterly earnings announcement on Thursday, May 5th 2022. View our earnings forecast for Expedia G...
How were Expedia Group's earnings last quarter?
Expedia Group, Inc. (NASDAQ:EXPE) announced its quarterly earnings results on Thursday, February, 10th. The online travel company reported $0.58 EP...
What price target have analysts set for EXPE?
24 equities research analysts have issued 12 month price objectives for Expedia Group's shares. Their forecasts range from $155.00 to $265.00. On a...
Who are Expedia Group's key executives?
Expedia Group's management team includes the following people: Peter M. Kern , Vice Chairman & Chief Executive Officer ( LinkedIn Profile ) Eric...
What is Peter Kern's approval rating as Expedia Group's CEO?
231 employees have rated Expedia Group CEO Peter Kern on Glassdoor.com . Peter Kern has an approval rating of 87% among Expedia Group's employees.
Who are some of Expedia Group's key competitors?
Some companies that are related to Expedia Group include Amazon.com (AMZN) , Netflix (NFLX) , Booking (BKNG) , TripAdvisor (TRIP) , Overstock....
A travel rebound is finally in sight
What happened
Demitri covers consumer goods and media companies for Fool.com, as well as broader moves in the economy. Follow @tmfsigma
So what
Shares of Expedia ( NASDAQ:EXPE) outperformed a rising market last month, jumping 30% compared to a 2.6% gain in the S&P 500, according to data provided by S&P Global Market Intelligence.
Now what
Investors were happy with Expedia's latest earnings report despite continued pressure from the pandemic. Gross bookings plunged 67% through late 2020, the company reported on Feb. 11, and its operating loss landed at $463 million. Management cited continued travel restrictions and growing coronavirus outbreaks as the main challenges.
Investors focused on the upcoming rebound in travel services
Still, investors' outlook for the tech business brightened as the vaccine rollout gained steam last month and as daily COVID-19 case numbers began plummeting in key markets like the U.S. Those developments point to an eventual end to the pandemic threat, which will pave the way for Expedia to begin growing again after bookings plunged 66% in 2020.
What happened
Demitri covers consumer goods and media companies for Fool.com, as well as broader moves in the economy. Follow @tmfsigma
So what
Shareholders of Expedia Group ( NASDAQ:EXPE) managed positive returns through a volatile market last year. The stock gained 22% in 2020 compared to a 16% rise in the S&P 500, according to data provided by S&P Global Market Intelligence.
Now what
Expedia shares were among the hardest hit during the sell-off that struck Wall Street in March. The company's focus on the travel industry exposed it to a potentially massive revenue slump through the pandemic. In fact, sales did fall by over 80% as travel and vacation volumes plummeted.
Analysts defend the travel booking specialist as it beefs up its balance sheet
Investors predicting a quick rebound should approach the stock with plenty of caution. Air travel and vacation trends likely won't fully recover until the COVID-19 threat has passed.
What happened
Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
So what
Shares of Expedia ( NASDAQ:EXPE) have jumped today, up by 6% as of 12:20 p.m. EDT, after a couple of Wall Street analysts expressed confidence in the travel booking specialist's ability to weather the COVID-19 downturn. The company also said it was drawing a credit line to beef up its cash position in preparation.
Now what
Analysts at Suntrust and Credit Suisse both reiterated buy (or equivalent) ratings on Expedia stock while adjusting price targets to accommodate for recent market volatility. Suntrust reduced its price target from $172 to $140, while Credit Suisse cut its estimate from $161 to $105.
Shares of Marriott, Hyatt, TripAdvisor, and Expedia are all up on positive macroeconomic news
Expedia disclosed in a regulatory filing that that it drew $1.9 billion from an existing revolver that provides up to $2 billion in credit. As of the end of 2019, that credit facility was "essentially untapped," and the travel tech company had $4.6 billion in cash on the balance sheet at the time.
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
So what
It appears yesterday was not, in fact, the end of the rally for the S&P 500.
Now what
What do these four stocks have in common? Basically, they form a continuum of the tourism experience, wherein would-be travelers might begin researching a trip on TripAdvisor before heading over to Expedia to make reservations to stay at a Marriott or Hyatt hotel upon arriving at their destination.
Oil prices went bonkers, yes. But there are more specific reasons these stocks are going down
More businesses reopening means more reason to travel -- and more travel-related businesses to entertain travelers when they arrive. More jobs means more disposable income for consumers to spend on travel.
What happened
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
So what
Oil prices went absolutely bonkers yesterday, with prices of WTI crude oil due for delivery in May closing in negative territory: negative $18.15 per barrel, according to OilPrice.com.
Now what
If you want to know why Carnival, Royal Caribbean, and Expedia stocks went down yesterday, you're best off asking the stock analysts at J.P. Morgan.
Summary
Now, you may notice that $16 is higher than $12, and $54 is more than $35.
Why Expedia might go much lower
Expedia is a great company, but its stock has an overextended valuation.
Bottom line
So the question is, what might be the catalyst that might change the market's stance on EXPE, and knock the stock down even lower?
