Today’s featured asset is Expedia Group Inc. (EXPE). Using an AI strategy to trade between 2021-03-16 and 2023-02-08, a potential return of 251.69% could have been made with an average return of 35.96% over 66 days with 7 positions taken. The AI strategy suggests that EXPE is a STRONGBUY with a buy price target of 104.7 and an overall accuracy of 0.66 when predicting an upward trend in the following two weeks. The analyst consensus price target is 133.5.
Expedia Group Inc., Stock Symbol EXPE
Expedia Group Inc., headquartered in Seattle, Washington, is an American online travel shopping company for consumer and small business travel. Its websites, including Expedia.com, Vrbo, Hotels.com, Hotwire.com, Orbitz, Travelocity, trivago and CarRentals.com, are primarily travel fare aggregators and travel metasearch engines. The stock symbol for Expedia Group Inc. is EXPE and as of date 2023-09-21, the current share price is 104.7.
Company Overview and Markets
Expedia Group Inc. offers an online platform that enables consumers to research, plan, book and experience travel, accommodations, activities, attractions and related services. It operates through two segments, Core OTA and trivago. The Core OTA segment offers a range of travel and advertising services to its customers, which include the Expedia group travel brands. The trivago segment provides a platform that enables users to search and compare hotel prices from multiple sources.
Historic Company Performance
Expedia Group Inc. has seen a steady increase in revenue from $8.7 billion in 2017 to $11.7 billion in 2020. The company’s gross profit has also seen a steady increase, from $6.3 billion in 2017 to $10 billion in 2020. The company’s net income has also seen a steady increase, from $197 million in 2017 to $1.4 billion in 2020.
Share Price Performance
The share price of Expedia Group Inc. has seen a steady increase since 2017, from $60.14 in 2017 to $104.7 on date 2023-09-21. The company’s 52-week high is 213.07 and its 52-week low is 82.39. The company’s 50-day moving average is 101.5 and its 200-day moving average is 105.45. The company’s price to sales ratio is 1.243 and its price to book ratio is 6.39. The company’s analyst target price is 133.5.
Expedia Group Inc. has seen a steady growth in revenue, gross profit, and net income since 2017. The company’s share price has also seen a steady increase since 2017 and is currently trading at 104.7, slightly above its 200-day moving average of 105.45. With an analyst target price of 133.5, the stock could be a good long-term investment.
AssetType: Common Stock
Name: Expedia Group Inc.
Description: Expedia Group, Inc. is an American online travel shopping company for consumer and small business travel. Its websites, which are primarily travel fare aggregators and travel metasearch engines, include Expedia.com, Vrbo (previously HomeAway), Hotels.com, Hotwire.com, Orbitz, Travelocity, trivago and CarRentals.com.
Sector: ENERGY & TRANSPORTATION
Industry: TRANSPORTATION SERVICES
Address: 1111 EXPEDIA GROUP WAY W., SEATTLE, WA, US
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