Mizuho started coverage on shares of Expedia (NASDAQ:EXPE) in a note issued to investors on Wednesday. The firm set a “neutral” rating and a $120.00 price target on the online travel company’s stock. Mizuho’s price objective would indicate a potential upside of 12.17% from the stock’s previous close.

Several other analysts have also weighed in on EXPE. BidaskClub lowered Expedia from a “sell” rating to a “strong sell” rating in a research note on Saturday, December 2nd. Argus lowered Expedia from a “buy” rating to a “hold” rating and set a $178.00 price objective on the stock. in a research note on Tuesday, December 5th. MKM Partners reaffirmed a “neutral” rating and issued a $145.00 price objective (down from $170.00) on shares of Expedia in a research note on Thursday, December 7th. Oppenheimer reaffirmed a “buy” rating on shares of Expedia in a research note on Wednesday, December 20th. Finally, Bank of America upgraded Expedia from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and nineteen have given a buy rating to the company. Expedia has a consensus rating of “Buy” and a consensus target price of $146.45.

Shares of EXPE stock opened at $106.98 on Wednesday. The firm has a market capitalization of $16,748.59, a PE ratio of 45.14, a P/E/G ratio of 1.87 and a beta of 1.05. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.70 and a quick ratio of 0.70. Expedia has a 12 month low of $98.52 and a 12 month high of $161.00.

Expedia (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, February 8th. The online travel company reported $0.84 earnings per share for the quarter, missing the consensus estimate of $1.15 by ($0.31). The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.35 billion. Expedia had a net margin of 3.76% and a return on equity of 9.66%. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the business earned $1.17 earnings per share. equities analysts predict that Expedia will post 3.59 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Colonial Trust Advisors raised its position in shares of Expedia by 25.3% during the fourth quarter. Colonial Trust Advisors now owns 45,469 shares of the online travel company’s stock worth $5,446,000 after acquiring an additional 9,168 shares during the last quarter. Xact Kapitalforvaltning AB raised its position in shares of Expedia by 6.2% during the fourth quarter. Xact Kapitalforvaltning AB now owns 24,333 shares of the online travel company’s stock worth $2,914,000 after acquiring an additional 1,422 shares during the last quarter. Handelsbanken Fonder AB raised its position in shares of Expedia by 33.3% during the fourth quarter. Handelsbanken Fonder AB now owns 60,000 shares of the online travel company’s stock worth $7,186,000 after acquiring an additional 15,000 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Expedia by 74.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 10,729 shares of the online travel company’s stock worth $1,285,000 after acquiring an additional 4,584 shares during the last quarter. Finally, Tuttle Tactical Management LLC raised its position in shares of Expedia by 28.8% during the fourth quarter. Tuttle Tactical Management LLC now owns 12,081 shares of the online travel company’s stock worth $1,446,000 after acquiring an additional 2,699 shares during the last quarter. Institutional investors own 80.19% of the company’s stock.

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Expedia Company Profile

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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