HomeAway Receives New Coverage from Analysts at Credit Suisse (AWAY)
Stock analysts at Credit Suisse assumed coverage on shares of HomeAway (NASDAQ:AWAY) in a report issued on Tuesday, AnalystRatings.Net reports. The firm set a “neutral” rating on the stock.
A number of other firms have also recently commented on AWAY. Analysts at UBS AG downgraded shares of HomeAway from an “overweight” rating to an “equal weight” rating in a research note to investors on Thursday, September 26th. Separately, analysts at Morgan Stanley downgraded shares of HomeAway from an “overweight” rating to an “equal weight” rating in a research note to investors on Thursday, September 26th. They now have a $36.00 price target on the stock. Finally, analysts at Barclays initiated coverage on shares of HomeAway in a research note to investors on Friday, September 6th. They set an “equal weight” rating on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. HomeAway has a consensus rating of “Buy” and an average target price of $33.67.
Shares of HomeAway (NASDAQ:AWAY) traded up 2.41% during mid-day trading on Tuesday, hitting $29.25. The stock had a trading volume of 265,680 shares. HomeAway has a 52 week low of $19.58 and a 52 week high of $34.30. The stock’s 50-day moving average is $30.13 and its 200-day moving average is $30.6. The company has a market cap of $2.494 billion and a P/E ratio of 119.00.
HomeAway (NASDAQ:AWAY) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.02. The company had revenue of $86.60 million for the quarter, compared to the consensus estimate of $85.72 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 20.9% on a year-over-year basis. On average, analysts predict that HomeAway will post $0.61 earnings per share for the current fiscal year.
HomeAway, Inc (NASDAQ:AWAY) is an online marketplace for the vacation rental industry.