Breaking: Cowen Reconfirms $160.00 Price Objective On Expedia Inc (NDAQ:EXPE) Shares, Reconfirms Their Original “Outperform” Rating

June 19, 2017 - By Hazel Jackson

 Breaking: Cowen Reconfirms $160.00 Price Objective On Expedia Inc (NDAQ:EXPE) Shares, Reconfirms Their Original

Investors sentiment increased to 1.28 in 2016 Q4. Its up 0.27, from 1.01 in 2016Q3. It improved, as 48 investors sold Expedia Inc shares while 150 reduced holdings. 96 funds opened positions while 157 raised stakes. 118.93 million shares or 4.10% less from 124.02 million shares in 2016Q3 were reported.

Quantbot Tech L P reported 438 shares or 0.01% of all its holdings. 2,822 are held by Stephens Ar. 284 are held by Whittier Trust Of Nevada. Hightower Advsr Ltd Limited Liability Company holds 0% or 1,828 shares. Moore Capital Mngmt Limited Partnership owns 40,000 shares. Century Cos has invested 0.13% in Expedia Inc (NASDAQ:EXPE). Old Mutual Customised Solutions (Proprietary) holds 0.02% or 900 shares. Germany-based Allianz Asset Ag has invested 0.05% in Expedia Inc (NASDAQ:EXPE). Howe And Rusling Incorporated accumulated 19 shares or 0% of the stock. Fiera accumulated 6,562 shares. Blackrock Mngmt Limited Liability Corp reported 327,910 shares or 0.04% of all its holdings. California State Teachers Retirement has invested 0.06% in Expedia Inc (NASDAQ:EXPE). Virtus Inv Advisers Incorporated accumulated 7,934 shares or 0.07% of the stock. Axa has 2,400 shares for 0% of their portfolio. Oppenheimer invested 0.1% of its portfolio in Expedia Inc (NASDAQ:EXPE).

Expedia Inc (NDAQ:EXPE) Rating Reaffirmed

The financial company has just set a target price per share of $160.00 on Expedia Inc (NDAQ:EXPE) shares. This is 9.43 % from the last stock close. In analysts report revealed to investors on Friday, 16 June, Cowen reconfirmed their “Outperform” rating on shares of EXPE.

Investors sentiment increased to 1.28 in 2016 Q4. Its up 0.27, from 1.01 in 2016Q3. It improved, as 48 investors sold Expedia Inc shares while 150 reduced holdings. 96 funds opened positions while 157 raised stakes. 118.93 million shares or 4.10% less from 124.02 million shares in 2016Q3 were reported.

Quantbot Tech L P reported 438 shares or 0.01% of all its holdings. 2,822 are held by Stephens Ar. 284 are held by Whittier Trust Of Nevada. Hightower Advsr Ltd Limited Liability Company holds 0% or 1,828 shares. Moore Capital Mngmt Limited Partnership owns 40,000 shares. Century Cos has invested 0.13% in Expedia Inc (NASDAQ:EXPE). Old Mutual Customised Solutions (Proprietary) holds 0.02% or 900 shares. Germany-based Allianz Asset Ag has invested 0.05% in Expedia Inc (NASDAQ:EXPE). Howe And Rusling Incorporated accumulated 19 shares or 0% of the stock. Fiera accumulated 6,562 shares. Blackrock Mngmt Limited Liability Corp reported 327,910 shares or 0.04% of all its holdings. California State Teachers Retirement has invested 0.06% in Expedia Inc (NASDAQ:EXPE). Virtus Inv Advisers Incorporated accumulated 7,934 shares or 0.07% of the stock. Axa has 2,400 shares for 0% of their portfolio. Oppenheimer invested 0.1% of its portfolio in Expedia Inc (NASDAQ:EXPE).

Expedia Inc (NASDAQ:EXPE) Ratings Coverage

Among 9 analysts covering Expedia Inc. (NDAQ:EXPE), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Expedia Inc. has $178 highest and $135 lowest target. $154.63’s average target is 4.78% above currents $147.57 stock price. Expedia Inc. had 12 analyst reports since March 3, 2017 according to SRatingsIntel. The stock has “Overweight – In-Line” rating by Cantor Fitzgerald on Thursday, March 23. The stock has “Buy” rating by RBC Capital Markets on Wednesday, April 26. Citigroup upgraded the shares of EXPE in report on Friday, March 3 to “Neutral” rating. The stock has “Buy” rating by Needham on Friday, April 28. Benchmark maintained Expedia Inc (NASDAQ:EXPE) rating on Monday, May 1. Benchmark has “Buy” rating and $165 target. The rating was maintained by Cowen & Co with “Outperform” on Friday, June 16. The stock of Expedia Inc (NASDAQ:EXPE) earned “Buy” rating by Piper Jaffray on Thursday, March 30. The rating was downgraded by Stifel Nicolaus on Friday, April 28 to “Hold”. The firm earned “Hold” rating on Thursday, March 30 by Jefferies.

About 115,377 shares traded. Expedia Inc (NDAQ:EXPE) has risen 30.43% since June 19, 2016 and is uptrending. It has outperformed by 13.73% the S&P500.

Wall Street await Expedia Inc (NASDAQ:EXPE) to release earnings on July, 27 after the close. Analysts forecast EPS of $0.60, up exactly $0.20 or 50.00 % from 2014’s $0.4 EPS. The expected EXPE’s profit could reach $90.88 million giving the stock 61.51 P/E in the case that $0.60 earnings per share is reported. After posting $-0.15 EPS for the previous quarter, Expedia Inc’s analysts now forecast -500.00 % EPS growth.

Expedia, Inc. is an online travel company. The company has market cap of $22.35 billion. The Firm operates through four divisions: Core Online Travel Agencies , trivago, Egencia and HomeAway. It has a 75.39 P/E ratio. 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, Wotif Group, CarRentals.com and Classic Vacations.

More important recent Expedia Inc (NASDAQ:EXPE) news were published by: Seekingalpha.com which released: “Expedia: Look Out Below” on June 11, 2017, also Seekingalpha.com published article titled: “Credit Suisse downgrades TripAdvisor; shares down 2%”, Nasdaq.com published: “Expedia, Inc. (EXPE) Ex-Dividend Date Scheduled for May 23, 2017” on May 22, 2017. More interesting news about Expedia Inc (NASDAQ:EXPE) was released by: Businesswire.com and their article: “Liberty Expedia Closes Private Offering of $400 Million of 1.0% Exchangeable …” with publication date: June 13, 2017.

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