Barclays analyst Deepak Mathivanan maintained a Buy rating on Expedia (EXPE) yesterday and set a price target of $150. The company’s shares closed yesterday at $125.99.
According to TipRanks.com, Mathivanan is a 5-star analyst with an average return of 22.0% and a 70.5% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Mercadolibre, Wix.com Ltd, and Yelp Inc.
Expedia has an analyst consensus of Moderate Buy, with a price target consensus of $154.24, which is a 22.4% upside from current levels. In a report issued on April 8, SunTrust Robinson also assigned a Buy rating to the stock with a $185 price target.
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Based on Expedia’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.56 billion and net profit of $17 million. In comparison, last year the company earned revenue of $2.51 billion and had a GAAP net loss of $137 million.
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Expedia Group, Inc. is an online travel company, which engages in the provision of travel products and services to leisure and corporate travelers. It operates through the following business segments: Core OTA, trivago, HomeAway, and Egencia.
