A number of research firms have changed their ratings and price targets for Expedia (NASDAQ: EXPE):

  • 2/13/2018 – Expedia was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Expedia’s fourth-quarter 2017 results were disappointing. Earnings declined on a year-over-year basis despite top-line growth. Higher selling and marketing expenses hurt bottom-line in the quarter. Expedia expects cost of revenues to grow slightly faster than revenues in 2018. Management also expects technology and content expense to grow significantly faster than revenues, primarily due to an increase in cloud spending and the impact of key investments. We believe that increased investments, intensifying competition across geographic regions and discounts offered by larger chain hotels can make margin expansion difficult in the long haul. In past 12 months, the stock has underperformed the industry it belongs to.”
  • 2/12/2018 – Expedia had its price target lowered by analysts at JPMorgan Chase & Co. from $129.00 to $115.00. They now have a “neutral” rating on the stock.
  • 2/11/2018 – Expedia had its “buy” rating reaffirmed by analysts at Barclays PLC. They now have a $130.00 price target on the stock.
  • 2/9/2018 – Expedia had its price target lowered by analysts at Morgan Stanley from $160.00 to $150.00. They now have an “overweight” rating on the stock.
  • 2/9/2018 – Expedia had its price target lowered by analysts at KeyCorp from $150.00 to $125.00. They now have an “overweight” rating on the stock.
  • 2/9/2018 – Expedia had its price target raised by analysts at Piper Jaffray Companies to $135.00. They now have an “overweight” rating on the stock.
  • 2/9/2018 – Expedia had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $112.00 price target on the stock, down previously from $140.00.
  • 2/9/2018 – Expedia was downgraded by analysts at Needham & Company LLC from a “buy” rating to a “hold” rating.
  • 2/9/2018 – Expedia was downgraded by analysts at Benchmark Co. from a “buy” rating to a “hold” rating.
  • 2/9/2018 – Expedia was given a new $125.00 price target on by analysts at Cowen Inc. They now have a “buy” rating on the stock.
  • 2/9/2018 – Expedia had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $165.00 price target on the stock.
  • 2/9/2018 – Expedia had its price target lowered by analysts at Bank of America Corp from $145.00 to $138.00. They now have a “buy” rating on the stock.
  • 2/9/2018 – Expedia was given a new $132.00 price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock.
  • 2/9/2018 – Expedia had its price target lowered by analysts at Citigroup Inc from $170.00 to $140.00. They now have a “buy” rating on the stock.
  • 2/9/2018 – Expedia had its “buy” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $130.00 price target on the stock.
  • 2/8/2018 – Expedia was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating.
  • 2/2/2018 – Expedia was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Expedia’s Merchant, Agency, Advertising & Media and Home Away businesses are doing well. It is one of the leading online travel companies in the world. However, we think that the increased investments in the business, increasing competition across geographic regions and discounts offered by larger chain hotels can make margin expansion difficult. The company’s third-quarter 2017 results were adversely impacted by hurricanes that hit in the late August and continued through mid-September. In past 12 months, the stock has underperformed the industry it belongs to.”
  • 1/16/2018 – Expedia was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $148.00 price target on the stock. According to Zacks, “Expedia’s Merchant, Agency, Advertising & Media and Home Away businesses are doing well. It is one of the leading online travel companies in the world. However, we think that the increased investments in the business, increasing competition across geographic regions and discounts offered by larger chain hotels can make margin expansion difficult. The company’s third-quarter 2017 results were adversely impacted by hurricanes that hit in the late August and continued through mid-September. In past 12 months, the stock has underperformed the industry it belongs to.”
  • 1/13/2018 – Expedia was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/12/2018 – Expedia had its price target raised by analysts at SunTrust Banks, Inc. to $180.00. They now have a “buy” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/10/2018 – Expedia was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating.
  • 1/5/2018 – Expedia was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 1/4/2018 – Expedia was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $140.63 price target on the stock.
  • 1/3/2018 – Expedia was upgraded by analysts at Bank of America Corp from a “neutral” rating to a “buy” rating.
  • 12/20/2017 – Expedia had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc..

Shares of Expedia, Inc. (NASDAQ:EXPE) opened at $100.10 on Thursday. Expedia, Inc. has a twelve month low of $98.52 and a twelve month high of $161.00. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.70 and a quick ratio of 0.72. The firm has a market capitalization of $15,260.00, a P/E ratio of 42.06, a PEG ratio of 1.44 and a beta of 0.89.

Expedia (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 8th. The online travel company reported $0.84 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.15 by ($0.31). Expedia had a net margin of 3.76% and a return on equity of 9.66%. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.35 billion. During the same quarter last year, the firm posted $1.17 earnings per share. Expedia’s revenue was up 10.8% compared to the same quarter last year. sell-side analysts predict that Expedia, Inc. will post 4.28 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 28th. Stockholders of record on Thursday, March 8th will be issued a $0.30 dividend. The ex-dividend date is Wednesday, March 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.20%. Expedia’s dividend payout ratio (DPR) is 50.42%.

In related news, Director Dara Khosrowshahi sold 150,000 shares of the company’s stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $125.00, for a total transaction of $18,750,000.00. Following the completion of the transaction, the director now directly owns 522,348 shares in the company, valued at approximately $65,293,500. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Lance A. Soliday sold 2,401 shares of the company’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $120.37, for a total value of $289,008.37. Following the transaction, the insider now owns 5,744 shares of the company’s stock, valued at $691,405.28. The disclosure for this sale can be found here. 20.88% of the stock is currently owned by insiders.

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.

Receive News & Ratings for Expedia Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Expedia Inc and related companies with MarketBeat.com's FREE daily email newsletter.