Let’s talk about the popular Expedia Group, Inc. (NASDAQ:EXPE). The company’s shares saw a significant share price rise of 41% in the past couple of months on the NASDAQGS. The recent jump in the share price has meant that the company is trading at close to its 52-week high. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Today we will analyse the most recent data on Expedia Group’s outlook and valuation to see if the opportunity still exists.
Check out our latest analysis for Expedia Group
What Is Expedia Group Worth?
According to our price multiple model, which makes a comparison between the company’s price-to-earnings ratio and the industry average, the stock price seems to be justfied. We’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to…