In 3Q24, EXPE's revenue surged by 3.33% y/y and 14.11% q/q. Margins continue to improve; operating margins and net margins improved by 140 bps and 596 bps respectively. EXPE's profitability is likely to continue improving as the company will optimize its loyalty program and implement AI solutions to reduce overall expenses. Apart from industry tailwinds, EXPE's current initiatives in international expansion, improvements in VRBO, and bundled programs will support the company's growth despite recent deceleration.
Investors interested in Internet - Commerce stocks are likely familiar with Expedia (EXPE) and Global-e Online Ltd. (GLBE). But which of these two companies is the best option for those looking for undervalued stocks?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
2024 proved exceptionally kind to US stocks – but a number of them are still trading at a significant discount at writing, according to experts at Trivariate Research. And they are particularly bullish on two of them: First Solar Inc and Expedia Group Inc.
Expedia (NASDAQ: EXPE) stock remains up by about 24% year-to-date, in line with the S&P 500 which remains up by a similar 24% this year. In comparison, peer Tripadvisor (NASDAQ: TRIP) is down 36% year-to-date.
BofA Securities analyst Justin Post upgraded Expedia Group, Inc. EXPE to Buy from Neutral and raised the price target to $221 from $187.
Expedia stock gained Wednesday after analysts with BofA Securities boosted the stock to buy. The post Expedia Stock Gains After Analyst Upgrade Sees Improving U.S. Travel Trends appeared first on Investor's Business Daily.
Jenny Horne reports on two analyst moves ahead of Wednesday's open. Expedia (EXPE) gets an upgrade to a Buy rating at BofA, while Rivian (RIVN) catches a downgrade at Baird.
It's fitting to look at PYMNTS' Provider Ranking of Travel Apps, considering this week is one of the busiest travel periods of the year. Each month, PYMNTS determines the most popular apps in the travel sector based on the number of downloads and average users, as well as other metrics.
Expedia is a top value-oriented rebound play, with shares up ~60% from YTD lows, driven by strong Q3 bookings and the One Key loyalty program. Expedia trades at a ~15x forward P/E ratio, cheaper than rivals Booking Holdings and Airbnb, despite similar growth and high EBITDA margins. Expedia's diverse brand portfolio, One Key rewards program, and new leadership focused on profitability bolster its long-term investment case.
Shares of Expedia Group, Inc. EXPE are climbing following reports of a potential buyout.
Expedia Group, Inc. EXPE reported better-than-expected third-quarter adjusted EPS results on Thursday.