Professional
Added to YB: 2024-02-14
Pitch date: 2024-02-12
EXPE [bullish]
Expedia Group, Inc.
+118.68%
current return
Author Info
No bio for this author
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
$130.34
Price Target
185.00 (-33%)
Dividend
0.86%
EV/EBITDA
12.69
P/E
21.58
EV/Sales
1.77
Sector
Hotels, Restaurants and Leisure
Category
growth
Expedia's Enhanced Network Producing Healthy Profits Amid Normalizing Industry Demand Growth
EXPE strengthens moat via unified platform leveraging data & loyalty across brands. $700-750M fixed cost cuts to fund UX. #2 in vacation rentals behind ABNB & BKNG. $6.9B '23 marketing budget sustains network effects. High uncertainty from cyclicality & ESG risk. $185 FVE on margin expansion potential.
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