Expedia Hits New 52-Week High at $82.36 (EXPE)
Shares of Expedia (NASDAQ:EXPE) hit a new 52-week high during mid-day trading on Thursday , Stock Ratings Network.com reports. The stock traded as high as $82.36 and last traded at $82.23, with a volume of 848,867 shares trading hands. The stock had previously closed at $80.26.
Several analysts have recently commented on the stock. Analysts at Oppenheimer initiated coverage on shares of Expedia in a research note on Monday. They set an “outperform” rating and a $90.00 price target on the stock. Separately, analysts at Buckingham Research initiated coverage on shares of Expedia in a research note on Friday, June 27th. They set a “neutral” rating and a $75.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Expedia from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 24th. They now have a $82.00 price target on the stock. Ten investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Expedia presently has a consensus rating of “Hold” and an average price target of $76.24.
The stock’s 50-day moving average is $74.78 and its 200-day moving average is $72.39. The company has a market cap of $10.673 billion and a price-to-earnings ratio of 34.34.
Expedia (NASDAQ:EXPE) last released its earnings data on Thursday, May 1st. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.15 by $0.01. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 18.6% on a year-over-year basis. Analysts expect that Expedia will post $3.84 EPS for the current fiscal year.
Expedia, Inc (NASDAQ:EXPE) is an online travel company.
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