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HomeAway (NASDAQ:AWAY) was upgraded by research analysts at FBR Capital Markets from a “market perform” rating to an “outperform” rating in a report released on Friday, AR Network 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 objective points to a potential upside of 46.82% from the stock’s previous close.

Several other analysts have also recently commented on the stock. 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 research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $44.74.

HomeAway (NASDAQ:AWAY) traded down 0.84% on Friday, hitting $30.65. The stock had a trading volume of 932,301 shares. HomeAway has a 1-year low of $27.27 and a 1-year high of $48.90. The stock has a 50-day moving average of $34.09 and a 200-day moving average of $38.36. The company has a market cap of $2.866 billion and a price-to-earnings ratio of 162.68.

HomeAway (NASDAQ:AWAY) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 33.0% 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.

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