Expedia (NASDAQ:EXPE) was downgraded by analysts at Benchmark from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

Other equities research analysts also recently issued research reports about the company. Wells Fargo & Co reissued a “buy” rating and issued a $130.00 price target on shares of Expedia in a report on Friday. Piper Jaffray Companies raised their price target on Expedia to $135.00 and gave the stock an “overweight” rating in a report on Friday. Cowen set a $135.00 price target on Expedia and gave the stock a “buy” rating in a report on Sunday, October 29th. Zacks Investment Research raised Expedia from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Finally, Bank of America raised Expedia from a “neutral” rating to a “buy” rating in a report on Wednesday, January 3rd. Eleven research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. Expedia has a consensus rating of “Buy” and a consensus price target of $156.47.

Shares of Expedia (EXPE) opened at $123.03 on Friday. Expedia has a 12-month low of $115.55 and a 12-month high of $161.00. The firm has a market capitalization of $19,690.75, a PE ratio of 48.63, a P/E/G ratio of 1.75 and a beta of 0.89. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.72 and a current ratio of 0.72.

Expedia (NASDAQ:EXPE) last issued its quarterly earnings data on Thursday, February 8th. The online travel company reported $0.84 earnings per share for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.31). Expedia had a net margin of 4.09% and a return on equity of 10.71%. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.35 billion. During the same period in the previous year, the business earned $1.17 EPS. Expedia’s revenue for the quarter was up 10.8% compared to the same quarter last year. equities analysts expect that Expedia will post 3.88 EPS for the current 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 stock was sold at an average price of $120.37, for a total value of $289,008.37. Following the completion of the transaction, the insider now directly owns 5,744 shares in the company, valued at $691,405.28. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dara Khosrowshahi sold 150,000 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $125.00, for a total value of $18,750,000.00. Following the completion of the transaction, the director now owns 522,348 shares of the company’s stock, valued at $65,293,500. The disclosure for this sale can be found here. Company insiders own 20.95% of the company’s stock.

Large investors have recently made changes to their positions in the company. Ameriprise Financial Inc. raised its position in Expedia by 5.8% during the third quarter. Ameriprise Financial Inc. now owns 2,115,880 shares of the online travel company’s stock valued at $304,558,000 after acquiring an additional 116,781 shares in the last quarter. American Century Companies Inc. raised its position in Expedia by 22.0% during the third quarter. American Century Companies Inc. now owns 2,031,943 shares of the online travel company’s stock valued at $292,478,000 after acquiring an additional 365,857 shares in the last quarter. Artisan Partners Limited Partnership raised its position in Expedia by 18.2% during the third quarter. Artisan Partners Limited Partnership now owns 1,698,375 shares of the online travel company’s stock valued at $244,464,000 after acquiring an additional 260,929 shares in the last quarter. First Trust Advisors LP raised its position in Expedia by 28.8% during the fourth quarter. First Trust Advisors LP now owns 1,371,635 shares of the online travel company’s stock valued at $164,281,000 after acquiring an additional 306,536 shares in the last quarter. Finally, Boston Partners raised its position in Expedia by 3.8% during the fourth quarter. Boston Partners now owns 876,228 shares of the online travel company’s stock valued at $104,946,000 after acquiring an additional 32,385 shares in the last quarter. Hedge funds and other institutional investors own 83.05% 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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