Expedia Group’s stock (NASDAQ:EXPE) has fallen 27% in the last month, bringing its annual gain to 5.1%. Despite its P/E ratio of 20.1x being in line with the market, its strong forecast earnings growth of 28% per year suggests investors may be overlooking potential risks. The article indicates that while the company’s past earnings growth has been excellent, the current P/E ratio, aligned with market average despite higher projected growth, might imply underlying investor skepticism about its stability.
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It's Down 27% But Expedia Group, Inc. (NASDAQ:EXPE) Could Be Riskier Than It Looks
Expedia Group’s stock (NASDAQ:EXPE) has fallen 27% in the last month, bringing its annual gain to 5.1%. Despite its P/E ratio of 20.1x being in line with the market, its strong forecast earnings growth of 28% per year suggests investors may be overlooking potential risks. The article indicates that while the company’s past earnings growth has been excellent, the current P/E ratio, aligned with market average despite higher projected growth, might imply underlying investor skepticism about its stability.