Expedia: A Bigger Rebound Rally Is Coming
Portfolio Pulse from
Expedia is experiencing a significant rebound, with shares up ~60% from YTD lows due to strong Q3 bookings and the One Key loyalty program. It trades at a ~15x forward P/E ratio, cheaper than competitors like Booking Holdings and Airbnb, despite similar growth and high EBITDA margins. Expedia's diverse brand portfolio and new leadership focused on profitability enhance its long-term investment potential.
November 18, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Expedia's stock has surged ~60% from YTD lows, supported by strong Q3 bookings and the One Key loyalty program. It trades at a ~15x forward P/E ratio, offering a value play compared to competitors.
Expedia's strong Q3 bookings and the success of the One Key loyalty program have driven a ~60% increase in its stock price from YTD lows. The company's forward P/E ratio of ~15x is lower than that of its competitors, making it an attractive value play. The focus on profitability and a diverse brand portfolio further strengthen its investment case.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100