Credit Suisse Group set a $132.00 target price on Expedia (NASDAQ:EXPE) in a research note issued to investors on Friday morning. The brokerage currently has a buy rating on the online travel company’s stock.

Other equities research analysts have also recently issued reports about the company. Cowen set a $135.00 price objective on Expedia and gave the company a buy rating in a research report on Sunday, October 29th. Deutsche Bank reaffirmed a buy rating and set a $171.00 price objective (down from $175.00) on shares of Expedia in a research report on Tuesday, October 24th. SunTrust Banks reaffirmed a buy rating and set a $190.00 price objective on shares of Expedia in a research report on Monday, October 23rd. KeyCorp reaffirmed a buy rating and set a $178.00 price objective on shares of Expedia in a research report on Tuesday, October 17th. Finally, UBS Group reaffirmed a buy rating and set a $154.00 price objective (down from $170.00) on shares of Expedia in a research report on Friday, October 27th. Ten equities research analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $150.62.

Shares of Expedia (NASDAQ:EXPE) opened at $104.00 on Friday. Expedia has a 12 month low of $98.52 and a 12 month high of $161.00. The company has a market capitalization of $15,834.21, a price-to-earnings ratio of 28.57, a PEG ratio of 1.41 and a beta of 0.89. The company has a quick ratio of 0.72, a current ratio of 0.70 and a debt-to-equity ratio of 0.61.

Expedia (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 8th. The online travel company reported $0.84 EPS for the quarter, missing the consensus estimate of $1.15 by ($0.31). Expedia had a net margin of 3.76% and a return on equity of 9.66%. The business had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.35 billion. During the same period last year, the business earned $1.17 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. equities research analysts anticipate that Expedia will post 4.43 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 28th. Investors of record on Thursday, March 8th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.15%. Expedia’s dividend payout ratio (DPR) is presently 50.63%.

In related news, Director Dara Khosrowshahi sold 150,000 shares of Expedia stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $125.00, for a total transaction of $18,750,000.00. Following the sale, the director now owns 522,348 shares of the company’s stock, valued at approximately $65,293,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lance A. Soliday sold 2,401 shares of Expedia stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $120.37, for a total value of $289,008.37. Following the sale, the insider now directly owns 5,744 shares in the company, valued at approximately $691,405.28. The disclosure for this sale can be found here. 20.88% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Alexandria Capital LLC bought a new stake in Expedia during the 4th quarter valued at approximately $777,000. Baird Financial Group Inc. raised its stake in Expedia by 422.5% during the 4th quarter. Baird Financial Group Inc. now owns 107,168 shares of the online travel company’s stock valued at $12,836,000 after purchasing an additional 86,658 shares during the period. Norinchukin Bank The raised its stake in Expedia by 8.1% during the 4th quarter. Norinchukin Bank The now owns 9,827 shares of the online travel company’s stock valued at $1,177,000 after purchasing an additional 733 shares during the period. American International Group Inc. raised its stake in Expedia by 10.2% during the 4th quarter. American International Group Inc. now owns 54,693 shares of the online travel company’s stock valued at $6,551,000 after purchasing an additional 5,045 shares during the period. Finally, Virtu Financial LLC purchased a new position in Expedia during the 4th quarter valued at approximately $407,000. 82.50% of the stock is currently owned by institutional investors.

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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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