Expedia (NASDAQ:EXPE) had its price objective decreased by analysts at KeyCorp from $150.00 to $125.00 in a note issued to investors on Friday. The brokerage currently has an “overweight” rating on the online travel company’s stock. KeyCorp’s target price indicates a potential upside of 20.19% from the stock’s previous close.

Other research analysts have also recently issued research reports about the company. Deutsche Bank restated a “buy” rating and issued a $171.00 price target (down previously from $175.00) on shares of Expedia in a research report on Tuesday, October 24th. SunTrust Banks restated a “buy” rating and issued a $190.00 price target on shares of Expedia in a research report on Monday, October 23rd. Cowen set a $158.00 price objective on Expedia and gave the stock a “buy” rating in a research report on Thursday, October 12th. UBS Group reiterated a “buy” rating and set a $154.00 price objective (down previously from $170.00) on shares of Expedia in a research report on Friday, October 27th. Finally, Citigroup reiterated a “buy” rating and set a $170.00 price objective (down previously from $180.00) on shares of Expedia in a research report on Friday, October 27th. Ten investment analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $151.45.

Expedia (NASDAQ EXPE) opened at $104.00 on Friday. Expedia has a 52-week low of $98.52 and a 52-week high of $161.00. The firm has a market capitalization of $15,834.21, a price-to-earnings ratio of 43.88, a PEG ratio of 1.41 and a beta of 0.89. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.72 and a quick ratio of 0.72.

Expedia (NASDAQ:EXPE) last announced its quarterly earnings results on Thursday, February 8th. The online travel company reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.31). Expedia had a net margin of 3.76% and a return on equity of 9.75%. The firm had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.35 billion. During the same quarter in the prior year, the business earned $1.17 EPS. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. sell-side analysts forecast that Expedia will post 4.43 EPS for the current year.

In other Expedia news, Director Dara Khosrowshahi sold 150,000 shares of Expedia stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $125.00, for a total value of $18,750,000.00. Following the completion of the sale, the director now owns 522,348 shares in the company, valued at approximately $65,293,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lance A. Soliday sold 2,401 shares of Expedia stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $120.37, for a total value of $289,008.37. Following the completion of the sale, the insider now owns 5,744 shares of the company’s stock, valued at approximately $691,405.28. The disclosure for this sale can be found here. 20.95% of the stock is owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. Douglas Lane & Associates LLC grew its holdings in Expedia by 26.6% in the 4th quarter. Douglas Lane & Associates LLC now owns 313,239 shares of the online travel company’s stock valued at $37,517,000 after buying an additional 65,821 shares during the period. Pinebridge Investments L.P. acquired a new position in shares of Expedia in the 3rd quarter valued at about $840,000. Teacher Retirement System of Texas lifted its stake in shares of Expedia by 1,169.4% in the 3rd quarter. Teacher Retirement System of Texas now owns 42,487 shares of the online travel company’s stock valued at $6,116,000 after purchasing an additional 39,140 shares in the last quarter. Boyd Watterson Asset Management LLC OH lifted its stake in shares of Expedia by 23.3% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 10,279 shares of the online travel company’s stock valued at $1,231,000 after purchasing an additional 1,940 shares in the last quarter. Finally, Stevens Capital Management LP acquired a new position in shares of Expedia in the 3rd quarter valued at about $4,408,000. Institutional investors own 83.05% of the company’s stock.

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About Expedia

Expedia, Inc is an online travel company. The Company operates through four segments: Core Online Travel Agencies (Core OTA), trivago, Egencia and HomeAway. The Company’s Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations.

Analyst Recommendations for Expedia (NASDAQ:EXPE)

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