Expedia (EXPE) Receives a Hold from Needham


In a report released yesterday, Brad Erickson from Needham maintained a Hold rating on Expedia (EXPE). The company’s shares closed last Monday at $105.56.

Erickson has an average return of 6.1% when recommending Expedia.

According to TipRanks.com, Erickson is ranked #4554 out of 5722 analysts.

Expedia has an analyst consensus of Moderate Buy, with a price target consensus of $133.17, representing a 25.5% upside. In a report released yesterday, Stifel Nicolaus also maintained a Hold rating on the stock with a $125.00 price target.

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Based on Expedia’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.56 billion and net profit of $409 million. In comparison, last year the company earned revenue of $3.28 billion and had a net profit of $525 million.

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EXPE in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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