Shares of Expedia, Inc. (NASDAQ:EXPE) have been given a consensus recommendation of “Buy” by the thirty-three brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, nineteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $158.91.

A number of equities analysts have issued reports on the company. Royal Bank Of Canada restated an “outperform” rating and set a $175.00 price target on shares of Expedia in a report on Thursday, September 7th. Guggenheim restated a “buy” rating and set a $175.00 price target (down from $190.00) on shares of Expedia in a report on Thursday, September 7th. Cowen set a $135.00 price target on Expedia and gave the stock a “buy” rating in a report on Sunday, October 29th. Stifel Nicolaus cut their price target on Expedia from $160.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, October 27th. Finally, Needham & Company LLC restated a “buy” rating and set a $180.00 price target on shares of Expedia in a report on Thursday, September 28th.

In other news, Director Dara Khosrowshahi sold 10,590 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $117.58, for a total transaction of $1,245,172.20. Following the completion of the sale, the director now directly owns 422,348 shares of the company’s stock, valued at approximately $49,659,677.84. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Vice Chairman Victor Kaufman sold 119,575 shares of the firm’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $123.67, for a total value of $14,787,840.25. Following the sale, the insider now directly owns 169,575 shares of the company’s stock, valued at $20,971,340.25. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 352,548 shares of company stock valued at $43,689,017. Insiders own 20.95% of the company’s stock.

Institutional investors have recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Expedia during the 3rd quarter valued at $101,000. San Francisco Sentry Investment Group CA purchased a new stake in Expedia in the 2nd quarter worth about $102,000. Fiduciary Trust Co. purchased a new stake in Expedia in the 2nd quarter worth about $127,000. Krilogy Financial LLC increased its holdings in Expedia by 2,900.0% in the 3rd quarter. Krilogy Financial LLC now owns 900 shares of the online travel company’s stock worth $130,000 after acquiring an additional 870 shares during the last quarter. Finally, Sun Life Financial INC increased its holdings in Expedia by 10,987.5% in the 2nd quarter. Sun Life Financial INC now owns 887 shares of the online travel company’s stock worth $132,000 after acquiring an additional 879 shares during the last quarter. 84.20% of the stock is owned by hedge funds and other institutional investors.

Shares of Expedia (NASDAQ:EXPE) opened at $117.54 on Monday. The firm has a market cap of $17,920.00, a P/E ratio of 29.61, a price-to-earnings-growth ratio of 1.83 and a beta of 0.89. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.60. Expedia has a 52-week low of $111.88 and a 52-week high of $161.00.

Expedia (NASDAQ:EXPE) last released its earnings results on Thursday, October 26th. The online travel company reported $2.51 earnings per share for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.10). The firm had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.98 billion. Expedia had a net margin of 4.09% and a return on equity of 10.71%. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.41 EPS. equities research analysts forecast that Expedia will post 3.91 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 7th. Stockholders of record on Thursday, November 16th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend was Wednesday, November 15th. Expedia’s dividend payout ratio is presently 47.43%.

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About Expedia

Expedia, Inc is an online travel company. The Company operates through four segments: Core Online Travel Agencies (Core OTA), trivago, Egencia and HomeAway. The Company’s Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations.

Analyst Recommendations for Expedia (NASDAQ:EXPE)

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