FMP
May 29, 2024 12:02 PM - Davit Kirakosyan
BTIG analysts reaffirmed a Buy rating and a $150 price target for Expedia (NASDAQ:EXPE), noting that while Expedia has some weak spots, such as VRBO and air travel, there are also significant strengths, particularly in its B2B segment.
Despite limited disclosures on key metrics like room nights or bookings, it was recently revealed that B2B accounted for approximately 100 million room nights last year. This new information provides a clearer picture of the growth composition, with B2B contributing to around 60% of room night growth in 2023.
The analysts suggest that the path to high-single-digit room night growth this year is feasible, with B2C expected to rise by mid-single digits (7% last year) and B2B projected to increase by 16-19% (30% last year).
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...