Expedia Stock Rating Reaffirmed by TheStreet (EXPE)

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Expedia (NASDAQ: EXPE)‘s stock had its “hold” rating restated by analysts at TheStreet in a research report issued to clients and investors on Tuesday, Analyst Ratings Network reports.

The analysts wrote, “Expedia (EXPE) has been reiterated by TheStreet Ratings as a hold with a ratings score of C. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally higher debt management risk.”

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Expedia from $80.00 to $86.00 in a research note to investors on Monday, May 20th. They now have a “buy” rating on the stock. Separately, analysts at Atlantic Securities reiterated an “overweight” rating on shares of Expedia in a research note to investors on Wednesday, May 15th. They now have a $68.00 price target on the stock. Finally, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Expedia in a research note to investors on Wednesday, May 15th. They now have a $75.00 price target on the stock.

Seventeen research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $68.78.

Expedia (NASDAQ: EXPE) traded down 1.54% on Tuesday, hitting $58.062. Expedia has a 52-week low of $31.44 and a 52-week high of $68.09. The stock’s 50-day moving average is currently $63.12. The company has a market cap of $7.846 billion and a price-to-earnings ratio of 46.00.

Expedia (NASDAQ: EXPE) last issued its quarterly earnings data on Thursday, April 25th. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.03. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $967.55 million. During the same quarter in the prior year, the company posted $0.26 earnings per share. The company’s quarterly revenue was up 24.0% on a year-over-year basis. On average, analysts predict that Expedia will post $3.35 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 19th. Shareholders of record on Thursday, May 30th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Tuesday, May 28th.

Expedia, Inc. provides travel agency services in the United States, the United Kingdom, Germany, Canada, France, Italy and the Netherlands via the Internet.

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