Expedia (NASDAQ:EXPE) was upgraded by BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Friday.

Several other equities research analysts have also issued reports on the stock. Citigroup reissued a “buy” rating and issued a $170.00 price objective (down previously from $180.00) on shares of Expedia in a research report on Friday, October 27th. Zacks Investment Research lowered shares of Expedia from a “hold” rating to a “sell” rating in a research report on Monday, September 11th. Deutsche Bank reissued a “buy” rating and issued a $171.00 price objective (down previously from $175.00) on shares of Expedia in a research report on Tuesday, October 24th. Stifel Nicolaus reissued a “hold” rating and issued a $160.00 price objective on shares of Expedia in a research report on Thursday, September 7th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $155.00 price objective (down previously from $175.00) on shares of Expedia in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $159.50.

Expedia (NASDAQ:EXPE) traded up $0.98 during trading on Friday, hitting $127.12. 1,600,127 shares of the stock traded hands, compared to its average volume of 1,512,862. Expedia has a 52 week low of $112.90 and a 52 week high of $161.00. The firm has a market capitalization of $19,205.07, a price-to-earnings ratio of 50.25, a P/E/G ratio of 1.73 and a beta of 0.89. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.60.

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

In other news, insider Lance A. Soliday sold 2,401 shares of the firm’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $120.37, for a total value of $289,008.37. Following the transaction, the insider now directly owns 5,744 shares in the company, valued at approximately $691,405.28. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Vice Chairman Victor Kaufman sold 119,575 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $123.67, for a total transaction of $14,787,840.25. Following the completion of the transaction, the insider now owns 169,575 shares in the company, valued at $20,971,340.25. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 354,949 shares of company stock worth $43,978,025. Insiders own 20.95% of the company’s stock.

Several institutional investors have recently bought and sold shares of EXPE. Balyasny Asset Management LLC bought a new position in shares of Expedia in the 2nd quarter worth about $107,942,000. Fred Alger Management Inc. bought a new position in shares of Expedia in the 2nd quarter worth about $86,569,000. Artisan Partners Limited Partnership lifted its position in shares of Expedia by 61.9% in the 2nd quarter. Artisan Partners Limited Partnership now owns 1,437,446 shares of the online travel company’s stock worth $214,108,000 after buying an additional 549,366 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Expedia by 3.7% in the 2nd quarter. Vanguard Group Inc. now owns 12,045,217 shares of the online travel company’s stock worth $1,794,135,000 after buying an additional 428,656 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Expedia by 22.0% in the 3rd quarter. American Century Companies Inc. now owns 2,031,943 shares of the online travel company’s stock worth $292,478,000 after acquiring an additional 365,857 shares during the period. Institutional investors own 84.04% of the company’s stock.

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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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