Alert: Positive Investment/Fundamental Signals (11/10/23)-Expedia Group Inc (NASDAQ: EXPE)


Extremely significant positive changes in Expedia Group Inc (NASDAQ: EXPE) investment behavior have recently occurred: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Recent important positive changes in fundamentals have benefitted Expedia Group Inc (NASDAQ: EXPE): the consensus estimate for December, 2024 increased significantly, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Expedia Group has a good Power Rating of 79 and a good Appreciation Score of 81, with the Highest Value Trend Rating the result.

Recent Price Action

Expedia Group Inc (NASDAQ: EXPE) stock enjoyed a large increase of 4.4% on 11/10/23. The stock closed at $118.68. The stock has been strong relative to the market over the last nine months and has risen 25.1% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.