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Expedia (NASDAQ:EXPE) was upgraded by equities researchers at TheStreet to a “buy” rating in a research report issued on Monday.

Expedia (NASDAQ:EXPE) traded up 1.10% during mid-day trading on Monday, hitting $85.39. The stock had a trading volume of 1,557,683 shares. Expedia has a 52-week low of $45.69 and a 52-week high of $84.85. The stock’s 50-day moving average is $79.23 and its 200-day moving average is $74.0. The company has a market cap of $10.861 billion and a P/E ratio of 34.38. Expedia also was the target of unusually large options trading on Friday. Investors bought 11,297 put options on the company. This is an increase of 371% compared to the average daily volume of 2,399 put options.

Expedia (NASDAQ:EXPE) last announced its earnings results on Thursday, July 31st. The company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.27. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the company posted $0.64 earnings per share. The company’s revenue for the quarter was up 24.0% on a year-over-year basis. Analysts expect that Expedia will post $3.96 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Cowen and Company raised their price target on shares of Expedia from $80.00 to $90.00 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Expedia in a research note on Friday. They now have a $92.00 price target on the stock, up previously from $80.00. Finally, analysts at Susquehanna raised their price target on shares of Expedia from $90.00 to $91.00 in a research note on Friday. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Expedia currently has a consensus rating of “Buy” and an average price target of $85.72.

Expedia, Inc (NASDAQ:EXPE) is an online travel company.

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