Expedia Group Inc
EXPE: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &^> | LOCK|RSFy@ | LOCK|d<<Hwh |
Expedia Earnings: Past Investments Yielding Improving Results in the Consumer Business
Expedia shares moved 5% higher in after-hours trading on Nov. 7, as the company showed more signs that its past investments to a unified platform are now bearing results. We plan to increase our $180 per share fair value estimate by a mid-single-digit percentage on incremental cost savings but now view shares as appropriately valued after their 60% rise since early August.
