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HomeAway (NASDAQ:AWAY) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Monday, StockRatingsNetwork.com reports. They currently have a $50.40 target price on the stock. Zacks‘ price objective suggests a potential upside of 5.57% from the company’s current price.

Shares of HomeAway (NASDAQ:AWAY) traded down 1.07% during mid-day trading on Monday, hitting $47.23. 2,347,517 shares of the company’s stock traded hands. HomeAway has a 52-week low of $27.27 and a 52-week high of $48.90. The stock’s 50-day moving average is $41.35 and its 200-day moving average is $34.96. The company has a market cap of $4.114 billion and a P/E ratio of 238.70.

HomeAway (NASDAQ:AWAY) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.06. The company had revenue of $90.30 million for the quarter, compared to the consensus estimate of $87.52 million. On average, analysts predict that HomeAway will post $0.71 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Raymond James raised their price target on shares of HomeAway from $50.00 to $55.00 in a research note on Thursday. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of HomeAway from $35.00 to $52.00 in a research note on Thursday. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of HomeAway in a research note on Thursday. They now have a $50.00 price target on the stock, up previously from $43.00. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $44.69.

In other HomeAway news, Insider Thomas Hale unloaded 64,824 shares of HomeAway stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $45.27, for a total transaction of $2,934,582.48. Following the transaction, the insider now directly owns 51,807 shares of the company’s stock, valued at approximately $2,345,303. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

HomeAway, Inc (NASDAQ:AWAY) is an online marketplace for the vacation rental industry.

To view Zacks’ full report, visit www.zacks.com

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