Expedia Group, Inc. has seen a significant activity as the company's shares have been purchased by several entities such as Prospector Partners LLC, Pacer Advisors Inc., and Oppenheimer Asset Management Inc.. Cantor Fitzgerald identified Expedia as one of the top internet stock picks. Recently, Expedia's stock has surged due to an earnings beat and has been recognized as undervalued according to hedge funds. However, this was after the company's stock fell due to a downwards revised full year outlook. Part of this decline is attributed to a trend impacting Expedia's revenue. Despite this, recent optimism over Expedia's profit has offset concerns about demand. The company’s performance has earned it a high RS Rating of 82, showing rising price performance and potential for rally. There were several sales of Expedia Group’s stocks by the company's insiders, signaling potential weakness. Despite a cautious outlook and weaker travel demand, Analysts project strong Q2 earnings for Expedia. The stock has also been identified as a potential value buy, with EPS growth making Expedia an appealing case for investment.
Expedia Stocks EXPE News Analytics from Mon, 25 Dec 2023 08:00:00 GMT to Sun, 22 Sep 2024 10:36:33 GMT -
Rating 6
- Innovation 3
- Information 9
- Rumor 7
