Barclays Boosts Expedia (EXPE) Price Target to $135.00

Expedia (NASDAQ:EXPE) had its price objective hoisted by Barclays from $130.00 to $135.00 in a research report report published on Wednesday, March 7th. They currently have an overweight rating on the online travel company’s stock.

Several other research analysts have also recently commented on EXPE. Vetr cut shares of Expedia from a strong-buy rating to a buy rating and set a $140.63 target price for the company. in a research report on Thursday, January 4th. Bank of America upgraded shares of Expedia from a neutral rating to a buy rating in a research report on Wednesday, January 3rd. Oppenheimer reaffirmed a buy rating on shares of Expedia in a research note on Wednesday, December 20th. SunTrust Banks upped their price target on shares of Expedia to $180.00 and gave the stock a buy rating in a research note on Friday, January 12th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised shares of Expedia from a hold rating to a buy rating and set a $148.00 price target for the company in a research note on Tuesday, January 16th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and nineteen have given a buy rating to the stock. Expedia has a consensus rating of Buy and an average price target of $146.45.

How to Become a New Pot Stock Millionaire

EXPE stock traded up $4.09 during trading on Wednesday, reaching $110.41. The stock had a trading volume of 2,239,595 shares, compared to its average volume of 2,447,019. Expedia has a 1-year low of $98.52 and a 1-year high of $161.00. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a market capitalization of $16,763.77, a P/E ratio of 29.68, a P/E/G ratio of 1.87 and a beta of 1.05.

Expedia (NASDAQ:EXPE) last released its earnings results on Thursday, February 8th. The online travel company reported $0.84 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.15 by ($0.31). The company had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.35 billion. Expedia had a return on equity of 9.66% and a net margin of 3.76%. Expedia’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.17 EPS. sell-side analysts anticipate that Expedia will post 3.59 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 28th. Shareholders of record on Thursday, March 8th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date was Wednesday, March 7th. Expedia’s dividend payout ratio (DPR) is presently 32.26%.

A number of institutional investors have recently modified their holdings of EXPE. Fuller & Thaler Asset Management Inc. bought a new position in shares of Expedia during the 3rd quarter worth about $101,000. Delpha Capital Management LLC bought a new position in shares of Expedia during the 4th quarter worth about $104,000. Dupont Capital Management Corp lifted its holdings in shares of Expedia by 90.9% during the 4th quarter. Dupont Capital Management Corp now owns 1,046 shares of the online travel company’s stock worth $125,000 after acquiring an additional 498 shares during the period. Krilogy Financial LLC lifted its holdings in shares of Expedia by 2,900.0% during the 3rd quarter. Krilogy Financial LLC now owns 900 shares of the online travel company’s stock worth $130,000 after acquiring an additional 870 shares during the period. Finally, Aristotle Atlantic Partners LLC bought a new position in shares of Expedia during the 4th quarter worth about $207,000. 80.20% of the stock is owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by BBNS and is the sole property of of BBNS. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://baseballnewssource.com/2018/04/01/barclays-boosts-expedia-expe-price-target-to-135-00/2000461.html.

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)

Receive News & Ratings for Expedia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Andujar, Stanton and Torres Shine in Yankees Rout
Andujar, Stanton and Torres Shine in Yankees Rout
Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Red Sox Tie Record for Best Start After 17 Games
Red Sox Tie Record for Best Start After 17 Games
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Rick Porcello’s Strong Start Gives Boost to Red Sox
Rick Porcello’s Strong Start Gives Boost to Red Sox
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry


Leave a Reply

 
© 2006-2018 BBNS.