Expedia Inc. Reaches New 12-Month High at $75.45 (EXPE)
Expedia (NASDAQ:EXPE)’s share price reached a new 52-week high during trading hours on Friday, Analyst Ratings Net reports. The company traded as high as $75.45 and last traded at $74.40, with a volume of 7,553,332 shares traded. The stock had previously closed at $65.14.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Expedia in a research note to investors on Friday. They now have a $68.00 price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of Expedia from $60.00 to $78.00 in a research note to investors on Friday. Finally, analysts at Jefferies Group raised their price target on shares of Expedia from $63.00 to $70.00 in a research note to investors on Friday. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $72.87.
Expedia has a 52 week low of $45.69 and a 52 week high of $72.19. The stock’s 50-day moving average is $67.70 and its 200-day moving average is $57.43. The company has a market cap of $9.727 billion and a price-to-earnings ratio of 63.68. Expedia also was the recipient of unusually large options trading on Tuesday. Stock traders bought 13,091 call options on the stock. This is an increase of 503% compared to the typical volume of 2,171 call options.
Expedia (NASDAQ:EXPE) last released its earnings data on Thursday, February 6th. The company reported $0.92 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.86 by $0.06. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the company posted $0.63 earnings per share. Expedia’s revenue was up 18.2% compared to the same quarter last year. On average, analysts predict that Expedia will post $3.74 earnings per share for the current fiscal year.
Expedia, Inc (NASDAQ:EXPE) is an online travel company.
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