Expedia (EXPE) : The consensus on Expedia (EXPE) based on 16 analyst recommendation on the company stock is 1.81, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 10 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Expedia (EXPE) : The highest level Expedia (EXPE) is projected to reach is $175 for the short term and the lowest estimate is at $99. The consolidated price target from 15 rating analysts who initiate coverage on the stock is $138.53 and the possibility the share price can swing is $18.77.
For the current week, the company shares have a recommendation consensus of Buy. Expedia (NASDAQ:EXPE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $114.84 and $114.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $115.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $114.80, notching a gain of 0.37% for the day. The total traded volume was 1,298,432 . The stock had closed at $114.38 on the previous day.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Accounting Officer) of Expedia, Inc., Soliday Lance A had sold 1,300 shares worth of $136,942 in a transaction dated June 15, 2016. In this transaction, 1,300 shares were sold at $105.34 per share.
Expedia, Inc. (Expedia) is an online travel company. The Company provides travel products and services provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. Its segments include Core Online Travel Agencies, which provides a range of travel and advertising services through a range of brands, including Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com Websites around the world, EAN, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com and Classic Vacations; trivago, which is engaged in sending referrals to online travel companies and travel service providers from its hotel metasearch Websites, and Egencia, which provides managed travel services. In addition, it offers Travelocity, Orbitz, ebookers, HotelClub, and CheapTickets brands and business-to-business offerings, including Orbitz Partner Network and Orbitz for Business.