Home / Daily News / Stock Check: Target Price Under the Lens for Expedia Group, Inc. (NASDAQ:EXPE)

 

Checking up on shares of Expedia Group, Inc. (NASDAQ:EXPE), we have noted that the average price target is currently 133.1. Individual sell-side analysts often provide their best educated projections on where a particular stock will be moving in the future. Because specific targets can widely vary, investors may choose to keep track of the average target combining all estimates taken into consideration. Although covering analysts may study the stock extensively, investors may need to conduct their own examination to see whether they believe that the analyst is correct with the projection. Sometimes analysts are spot on, but other times they may be way off. There may be situations that arise from time to time that can cause price targets to change drastically. Because targets may be arrived at using various methods, investors may  pay extra close attention when an individual analyst makes an update to the current target estimate.

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Investors might be looking high and low for quality stocks that have fallen out of favor with the investing community. There are plenty of stocks that get continuous coverage from the big media outlets, but there are many others that may be hiding behind the scenes. Conducting thorough stock research can help the investor isolate certain stocks that might be ready for a near-term bounce. With the stock market still trading near record levels, investors will be looking for any opportunity to pounce on shares that might have been left behind for whatever reason.   

Investors may be sizing up shares of Expedia Group, Inc. (NASDAQ:EXPE). After a recent check, we see that the current quarter EPS consensus estimate provided by Zacks is standing at 1.22. This EPS estimate is comprised of 11 sell-side analysts polled by Zacks. For the last reporting period, the company posted a quarterly EPS of 3.38. Analysts and investors will be closely studying the next round of company earnings reports. Consistent success on the earnings front may point to the company moving in the right direction. On the flip side, a company that has strung together a few bad quarters may ring the warning bells for interested investors.

Investors have the ability to follow Wall Street analyst views when conducting stock research. Sell-side analysts often put in a lot of time trying to evaluate the inner workings of a company. They may dig through the financials, conduct interviews, and pay keen attention to conference calls in order to compile data for the research report. Many analysts will offer buy, sell, or hold recommendations for stocks they cover. Checking on shares of Expedia Group, Inc. (NASDAQ:EXPE), we see that the current average broker rating is 2.38. This average rating falls on a scale from 1 to 5 where a 1 would indicate a Strong Buy. On the flip side, a 5 rating would signify a Strong Sell. Based on data provided by Zacks, there are currently 7 polled analysts rating the stock a Strong Buy or Buy. Investors often have to decide whether they are in agreement with how the analysts perceive the future prospects of a specific stock.

When it comes to the stock market, many traders rely on technical analysis to identify trades. With technical analysis, it is generally believed that stock price movements follow trends. When the trend is determined, the thought is that price movements in the future are more likely to go in the same direction as the trend, and not against it. Another aspect of technical analysis is the idea that history tends to repeat itself especially regarding the movement of the stock’s price. Technical analysts will use chart patterns to help study market moves and identify these trends. Some traders will use highly complex charts while others may only follow a few major indicators.                  
Following recent trading activity on shares of Expedia Group, Inc. (NASDAQ:EXPE), we can see that the stock has been hovering near the 100.75 price level. Shareholders might be asking themselves whether now is a good time to buy or sell the stock. Over the previous 12 weeks, the stock has moved -23.22%. Looking back over the last month, shares have moved -25.48%. Over the previous week, the stock has changed 2.36%. Investors may also be watching the current price in relation to the 52-week highs/lows. After a recent scan, we note that the 52-week high is presently 139.42, and the 52-week low is 94.31.

Investors can employ various techniques in order to study stocks. Two of the most widely used techniques are fundamental and technical analysis. Fundamental analysis includes crunching the numbers for specific companies. This may involve reviewing the cash flow statement, income statement, and balance sheet. In essence, fundamental analysts are trying to figure out the company’s value. Once the value of a company is determined, the investor can then make investment decisions based on the research. Using this method, a stock that is trading underneath the intrinsic value may be considered a good pick. Technical traders typically hold the view that all the data they need to know about a stock can be discovered to using charts.

 
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