Ownership Don’t Lie: Expedia Inc (NASDAQ:EXPE): Stock Sentiment

November 28, 2016 - By Marguerite Chambers   ·   0 Comments

Ownership Don't Lie: Expedia Inc (NASDAQ:EXPE): Stock Sentiment

Sentiment for Expedia Inc (NASDAQ:EXPE)

Expedia Inc (NASDAQ:EXPE) institutional sentiment increased to 1.01 in 2016 Q2. Its up 0.09, from 0.92 in 2016Q1. The ratio is better, as 213 institutional investors increased and opened new positions, while 232 cut down and sold their equity positions in Expedia Inc. The institutional investors in our partner’s database now own: 120.22 million shares, down from 122.35 million shares in 2016Q1. Also, the number of institutional investors holding Expedia Inc in their top 10 positions was flat from 20 to 20 for the same number . Sold All: 57 Reduced: 175 Increased: 142 New Position: 71.

Expedia, Inc. is an online travel company. The company has a market cap of $19.10 billion. The Firm makes travel services and products available, on a standalone and package basis, provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. It has a 105.15 P/E ratio. The Company’s Core OTA segment 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 throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Venere, Wotif Group, CarRentals.com, and Classic Vacations.

About 565,111 shares traded hands. Expedia Inc (NASDAQ:EXPE) has risen 19.59% since April 25, 2016 and is uptrending. It has outperformed by 13.58% the S&P500.

Analysts await Expedia Inc (NASDAQ:EXPE) to report earnings on February, 8. They expect $1.10 EPS, up 96.43% or $0.54 from last year’s $0.56 per share. EXPE’s profit will be $166.19 million for 28.73 P/E if the $1.10 EPS becomes a reality. After $2.24 actual EPS reported by Expedia Inc for the previous quarter, Wall Street now forecasts -50.89% negative EPS growth.

According to Zacks Investment Research, “Expedia, Inc. is one of the world’s leading travel services companies. The company provides wholesale travel to offline retail travel agents. Expedia, Inc.’s main businesses and brands include: Expedia.com, Hotels.com, Hotwire, Expedia Corporate Travel, Trip Advisor and Classic Custom Vacations. Expedia, Inc.’s companies also operate internationally with sites in Canada, the United Kingdom, Germany, France, Italy, Netherlands and China, through its investment in eLong.”

Altimeter Capital Management Lp holds 35.6% of its portfolio in Expedia Inc for 4.50 million shares. Meru Capital Group Lp owns 428,413 shares or 15.78% of their US portfolio. Moreover, Glade Brook Capital Partners Llc has 13.12% invested in the company for 153,207 shares. The Massachusetts-based Par Capital Management Inc has invested 11.55% in the stock. Foxhaven Asset Management Lp, a Virginia-based fund reported 924,400 shares.#img1#

Expedia Inc (NASDAQ:EXPE) Ratings Coverage

Ratings analysis reveals 72% of Expedia Inc.’s analysts are positive. Out of 25 Wall Street analysts rating Expedia Inc., 18 give it “Buy”, 0 “Sell” rating, while 7 recommend “Hold”. The lowest target is $27 while the high is $180. The stock’s average target of $130.67 is 3.36% above today’s ($126.42) share price. EXPE was included in 48 notes of analysts from July 24, 2015. Moffett Nathanson initiated Expedia Inc (NASDAQ:EXPE) rating on Tuesday, March 8. Moffett Nathanson has “Buy” rating and $135 price target. Atlantic Securities upgraded the shares of EXPE in a report on Monday, June 20 to “Overweight” rating. The firm has “Neutral” rating given on Tuesday, August 4 by Janney Capital. UBS maintained the shares of EXPE in a report on Friday, October 30 with “Buy” rating. The firm has “Outperform” rating given on Thursday, November 5 by Oppenheimer. Nomura maintained Expedia Inc (NASDAQ:EXPE) on Thursday, February 11 with “Neutral” rating. The rating was initiated by Susquehanna on Thursday, October 20 with “Positive”. The stock has “Outperform” rating given by RBC Capital Markets on Friday, October 7. Stifel Nicolaus maintained it with “Sell” rating and $116 target price in Friday, October 28 report. The firm earned “Buy” rating on Monday, October 24 by Benchmark.

EXPE Company Profile

Expedia, Inc., incorporated on April 18, 2005, is an online travel company. The Firm makes travel services and products available, on a standalone and package basis, provided by various lodging properties, airlines, car rental companies, destination service providers, cruise lines and other travel product and service companies. The Firm also offers travel and non-travel advertisers access to a potential source of incremental traffic and transactions through its media and advertising offerings on its transaction Websites. The Company’s Core OTA segment provides a range of travel and advertising services to its clients 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, Venere, Wotif Group, CarRentals.com, and Classic Vacations. The Company’s trivago segment sends referrals to online travel companies and travel service providers from its hotel metasearch Websites. The Company’s Egencia segment, which also includes Orbitz for Business, provides managed travel services to corporate clients across the world. The Company’s HomeAway segment operates an online marketplace for the vacation rental industry.

More recent Expedia Inc (NASDAQ:EXPE) news were published by: Profitconfidential.com which released: “Expedia Inc: This Is Why EXPE Stock Has Tremendous Upside” on November 18, 2016. Also Finance.Yahoo.com published the news titled: “Expedia Inc (EXPE) CEO Dara Khosrowshahi Sold $12.7 million of Shares” on November 05, 2016. Nasdaq.com‘s news article titled: “Expedia, Inc. (EXPE) Ex-Dividend Date Scheduled for November 15, 2016” with publication date: November 14, 2016 was also an interesting one.

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By Marguerite Chambers


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