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HomeAway (NASDAQ:AWAY) was upgraded by equities researchers at FBR Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued on Thursday, American Banking News reports. The firm currently has a $45.00 target price on the stock, up from their previous target price of $34.00. FBR Capital Markets’ price target would suggest a potential upside of 44.60% from the company’s current price.

Shares of HomeAway (NASDAQ:AWAY) opened at 31.12 on Thursday. HomeAway has a one year low of $27.27 and a one year high of $48.90. The stock’s 50-day moving average is $35.21 and its 200-day moving average is $38.30. The company has a market cap of $2.910 billion and a P/E ratio of 161.42.

HomeAway (NASDAQ:AWAY) last announced its earnings results on Thursday, April 24th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.14 by $0.09. The company had revenue of $105.70 million for the quarter, compared to the consensus estimate of $102.56 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 33.0% on a year-over-year basis. On average, analysts predict that HomeAway will post $0.62 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on AWAY. Analysts at Canaccord Genuity cut their price target on shares of HomeAway from $43.00 to $41.00 in a research note on Friday, April 25th. They now have a “hold” rating on the stock. Separately, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of HomeAway in a research note on Friday, April 25th. They now have a $45.00 price target on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of HomeAway from $50.00 to $43.00 in a research note on Tuesday, April 22nd. They now have a “buy” rating on the stock. Eight analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $44.63.

In other HomeAway news, CFO Rebecca Lynn Atchison unloaded 5,000 shares of the stock on the open market in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $33.00, for a total value of $165,000.00. Following the transaction, the chief financial officer now directly owns 107,012 shares in the company, valued at approximately $3,531,396. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

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