EXPE Stock Summary and Trading Ideas (Expedia Group | NASDAQ:EXPE)

Expedia is the world's second-largest online travel agency by bookings, offering services for lodging (80% of total 2023 sales), air tickets (3%), rental cars, cruises, in-destination, and other (11%), and advertising revenue (6%). Expedia operates a number of branded travel booking sites, but its three core onlint travel agency brands are Expedia, Hotels.com, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.

Expedia Group trades on the NASDAQ stock market under the symbol EXPE.

As of April 19, 2024, EXPE stock price climbed to $129.00 with 1,288,520 million shares trading.

EXPE has a beta of 1.98, meaning it tends to be more sensitive to market movements. EXPE has a correlation of 0.34 to the broad based SPY ETF.

EXPE has a market cap of $19.29 billion. This is considered a Large Cap stock.

Last quarter Expedia Group reported $3 billion in Revenue and $1.72 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.04.

In the last 3 years, EXPE stock traded as high as $217.72 and as low as $82.39.

The top ETF exchange traded funds that EXPE belongs to (by Net Assets): VTI, VOO, VO, COWZ, SPY.

EXPE has outperformed the market in the last year with a price return of +35.0% while the SPY ETF gained +21.2%. However, in the short term, EXPE had mixed performance relative to the market. It has underperformed in the last 3 months, returning -13.4% vs +4.3% return in SPY. But in the last 2 weeks, EXPE shares have fared better than the market returning -1.3% compared to SPY -3.5%.

EXPE support price is $126.40 and resistance is $130.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EXPE stock will trade within this expected range on the day.