Added to YB: 2024-10-14
Pitch date: 2024-10-12
EXPE [neutral]
Expedia Group, Inc.
+89.31%
current return
Author Info
Pari Passu is a Private Equity investor at a major hedge fund who writes about anything they find interesting in investing. Sign up for the newsletter.
Company Info
Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments.
Market Cap
$23.5B
Pitch Price
$149.73
Price Target
N/A
Dividend
0.86%
EV/EBITDA
12.69
P/E
21.58
EV/Sales
1.77
Sector
Hotels, Restaurants and Leisure
Category
turnaround
PP: Expedia Deep Dive & COVID Rescue Financing
EXPE (deep dive): Online travel giant founded 1994, survived dot-com boom/bust. Extensive M&A fueled growth. 2019 rebrand, simplified ops, cut costs. COVID hit hard, but $3.2B rescue financing in 2020. Recovered post-COVID, reached all-time highs 2022. New CEO Gorin to lead 'reset' company, poised for innovation in travel.
Read full article (9 min)