Expedia Gets a Hold Rating from Cantor Fitzgerald

By Carrie Williams

Cantor Fitzgerald analyst Naved Khan assigned a Hold rating to Expedia (NASDAQ: EXPE) on June 23. The company’s shares closed last Friday at $154.43, close to its 52-week high of $154.70.

According to TipRanks.com, Khan is a 5-star analyst with an average return of 23.2% and a 85.4% success rate. Khan covers the Technology sector, focusing on stocks such as Endurance International, Paypal Holdings, and Facebook Inc.

Expedia has an analyst consensus of Moderate Buy, with a price target consensus of $153.22.

Expedia’s market cap is currently $23.31B and has a P/E ratio of 78.79. The company has a book value ratio of 5.7011.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. Last month, Craig Jacobson, a Director at EXPE sold 3,000 shares for a total of $419,850.

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, Inc. is an online travel company. The company provides travel products and services to leisure and corporate travelers, including travel agencies, tour operators, travel supplier direct websites and call centers, consolidators and wholesalers of travel products and services, large online portals and search websites, certain travel meta-search websites, mobile travel applications, social media websites, as well as traditional consumer eCommerce and group buying websites. It also offers travel and non-travel advertisers access to a potential source of incremental traffic and transactions through its various media and advertising offerings on its transaction-based websites. The company operates through two business segments: Leisure and Egencia. The Leisure segment provides a full range of travel and advertising services to worldwide customers through a variety of brands including: Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com websites. The Egencia segment provides managed travel services to corporate customers in North America, Europe, and the Asia Pacific region. Expedia was founded on August 9, 2005 and is headquartered in Bellevue, WA.,002MY0-E