Stock Worth Mentioning Today: Expedia Inc (NASDAQ:EXPE) Q2 2016 Sentiment Report

November 28, 2016 - By Nellie Frank   ·   0 Comments

Stock Worth Mentioning Today: Expedia Inc (NASDAQ:EXPE)  Q2 2016 Sentiment Report

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 increased, as 213 investment managers opened new or increased stock positions, while 232 decreased and sold stakes in Expedia Inc. The investment managers in our partner’s database reported: 120.22 million shares, down from 122.35 million shares in 2016Q1. Also, the number of investment managers holding Expedia Inc in their top 10 stock 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 105.11 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 566,339 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 earnings per share, 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 earnings per share 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 3.39% above today’s ($126.38) share price. EXPE was included in 48 notes of analysts from July 24, 2015. As per Thursday, February 11, the company rating was maintained by Credit Suisse. Moffett Nathanson maintained it with “Buy” rating and $140 target price in Thursday, March 17 report. The firm earned “Outperform” rating on Friday, October 30 by RBC Capital Markets. As per Thursday, February 11, the company rating was maintained by RBC Capital Markets. Canaccord Genuity maintained it with “Buy” rating and $140 target price in Thursday, September 17 report. The stock has “Buy” rating given by Brean Capital on Thursday, March 10. The rating was initiated by Susquehanna with “Positive” on Thursday, October 20. The stock of Expedia Inc (NASDAQ:EXPE) earned “Buy” rating by Benchmark on Tuesday, February 9. The stock of Expedia Inc (NASDAQ:EXPE) earned “Outperform” rating by Wells Fargo on Monday, January 25. On Monday, February 22 the stock rating was downgraded by Stifel Nicolaus to “Sell”.

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 Nellie Frank


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