Expedia Group Stock Intrinsic Value – TD Cowen Analyst Maintains Positive Outlook on Expedia Group with Outperform Rating and Lower Price Target
August 15, 2023
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They offer a variety of services, including hotels, flights, car rentals, cruises and vacation packages. On August 4th, Kevin Kopelman, an analyst at TD Cowen, maintained his Outperform rating for Expedia Group ($NASDAQ:EXPE) and lowered his price target for the company. Kopelman cited Expedia’s strong customer base and high-value properties as among the reasons for his positive outlook. He also highlighted the company’s strong financial position and large market share as contributing factors to his rating. Despite the lowered price target, he believes that the stock will be a strong performer in the short and long-term.
Kopelman has also noted that Expedia Group’s growth prospects remain intact, despite the current pandemic-related challenges that they are facing. He believes that the company has a long-term competitive advantage due to its market reach and international presence. Kopelman believes that this company is well-positioned for future growth and continued outperformance in the travel industry. Despite the current challenges posed by the pandemic, Kopelman believes that the company’s long-term competitive advantage and strong financial position will be beneficial for investors in the short and long-term.
Price History
The stock opened at $104.1 and closed at $107.5, up 4.2% from the previous closing price of $103.2. He noted that Expedia Group‘s market share has risen, and the current quarter is likely to show a year-over-year increase in revenue. Further, he observed that the company is well-positioned to benefit from rising global travel demand and its wide array of brands, products, and services. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Expedia Group. More…
| Total Revenues | Net Income | Net Margin |
| 12.26k | 899 | 7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Expedia Group. More…
| Operations | Investing | Financing |
| 3.12k | -720 | -1.96k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Expedia Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 25.68k | 22.46k | 12.18 |
Key Ratios Snapshot
Some of the financial key ratios for Expedia Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.5% | 7.4% | 12.4% |
| FCF Margin | ROE | ROA |
| 18.9% | 52.9% | 3.7% |
Analysis – Expedia Group Stock Intrinsic Value
At GoodWhale, we have conducted an in-depth analysis of the fundamentals of EXPEDIA GROUP. Our proprietary Valuation Line has calculated the intrinsic value of an EXPEDIA GROUP share to be around $217.7. Currently, the stock is traded at $107.5, which is an undervaluation of 50.6%. This indicates that the stock may be a good buy for investors looking for long-term gains. We believe that EXPEDIA GROUP is an attractive investment opportunity as it has strong fundamentals and its share price is undervalued. More…
Peers
Expedia Group Inc is one of the world’s largest online travel companies, with a portfolio that includes some of the best-known brands in the industry. Its main competitors are Booking Holdings Inc, Adventure Inc, and Despegar.com Corp. All three companies are leaders in the online travel space, and each has a different focus.
– Booking Holdings Inc ($NASDAQ:BKNG)
Booking Holdings Inc is a online travel company that owns and operates a portfolio of travel brands. The company’s mission is to make it easy for everyone to experience the world. The company’s brands include Booking.com, Priceline.com, Agoda.com, Kayak.com, Rentalcars.com, and OpenTable. The company operates in over 200 countries and employs over 17,000 people.
– Adventure Inc ($TSE:6030)
Adventure Inc is a publicly traded company that operates in the adventure travel industry. The company is headquartered in Vancouver, Canada and was founded in 1971. The company offers a variety of adventure travel products and services including adventure tours, adventure travel packages, and adventure travel insurance. The company has a market cap of 80.18B as of 2022 and a Return on Equity of 13.93%.
– Despegar.com Corp ($NYSE:DESP)
Despegar.com Corp is an online travel company that offers a range of travel products and services, including air tickets, hotel rooms, vacation packages, and car rentals. The company operates in Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, and Uruguay. As of 2022, Despegar.com had a market cap of 407.36M and a ROE of 95.41%.
Summary
Analysts at TD Cowen recently issued an Outperform rating on Expedia Group with a lower price target. On August 4th, 2023, the stock price responded positively, further indicating the company’s strong performance. Investors have responded positively to news of Expedia Group’s growth and have continued to seek opportunities to capitalize on the potential of the stock. As the company continues to expand its reach, investors should consider investing in the stock in order to maximize returns.
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