Expedia (NASDAQ:EXPE)‘s stock had its “buy” rating reaffirmed by equities researchers at SunTrust Banks in a report issued on Friday. They presently have a $165.00 price target on the online travel company’s stock. SunTrust Banks’ price target suggests a potential upside of 58.65% from the company’s previous close.

EXPE has been the subject of a number of other research reports. Credit Suisse Group set a $147.00 price target on shares of Expedia and gave the stock a “hold” rating in a research note on Friday, October 27th. UBS Group reiterated a “buy” rating and set a $154.00 price target (down previously from $170.00) on shares of Expedia in a research note on Friday, October 27th. Deutsche Bank reiterated a “buy” rating and set a $171.00 price target (down previously from $175.00) on shares of Expedia in a research note on Tuesday, October 24th. Cowen set a $158.00 price target on shares of Expedia and gave the stock a “buy” rating in a research note on Thursday, October 12th. Finally, Citigroup reiterated a “buy” rating and set a $170.00 price target (down previously from $180.00) on shares of Expedia in a research note on Friday, October 27th. Ten investment analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $151.45.

Shares of Expedia (NASDAQ EXPE) opened at $104.00 on Friday. The firm has a market cap of $13,410.00, a price-to-earnings ratio of 43.70, a P/E/G ratio of 1.66 and a beta of 0.89. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.72 and a current ratio of 0.72. Expedia has a 52 week low of $98.52 and a 52 week high of $161.00.

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

In related news, Director Dara Khosrowshahi sold 150,000 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The shares were 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 $65,293,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lance A. Soliday sold 2,401 shares of the firm’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $120.37, for a total transaction 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 company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in EXPE. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Expedia in the third quarter valued at about $101,000. Dupont Capital Management Corp lifted its stake in shares of Expedia by 90.9% in the fourth quarter. Dupont Capital Management Corp now owns 1,046 shares of the online travel company’s stock valued at $125,000 after purchasing an additional 498 shares during the period. Krilogy Financial LLC lifted its stake in shares of Expedia by 2,900.0% in the third quarter. Krilogy Financial LLC now owns 900 shares of the online travel company’s stock valued at $130,000 after purchasing an additional 870 shares during the period. Palisade Capital Management LLC NJ acquired a new stake in shares of Expedia in the third quarter valued at about $216,000. Finally, Hyman Charles D acquired a new stake in shares of Expedia in the fourth quarter valued at about $216,000. Hedge funds and other institutional investors own 83.05% of the company’s stock.

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Expedia Company Profile

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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