Analysts’ Opinions Are Mixed on These Services Stocks: Expeditors International (NASDAQ: EXPD), TripAdvisor Inc (NASDAQ: TRIP) and Amedisys (NASDAQ: AMED)

By Carrie Williams

Analysts have been eager to weigh in on the Services sector with new ratings on Expeditors International (NASDAQ: EXPD), TripAdvisor Inc (NASDAQ: TRIP) and Amedisys (NASDAQ: AMED).

Expeditors International (NASDAQ: EXPD)

Cowen & Co. analyst Jason Seidl reiterated a Hold rating on Expeditors International (NASDAQ: EXPD) today and set a price target of $58. The company’s shares closed yesterday at $62.04, close to its 52-week high of $62.63.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 15.9% and a 72.9% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Echo Global Logistics, and Knight Transportation.

Expeditors International has an analyst consensus of Hold, with a price target consensus of $56.

TripAdvisor Inc (NASDAQ: TRIP)

Oppenheimer analyst Jed Kelly maintained a Hold rating on TripAdvisor Inc (NASDAQ: TRIP) today. The company’s shares closed yesterday at $30.35, close to its 52-week low of $30.21.

Kelly commented:

“We are maintaining our Perform rating on TRIP shares following a mixed 3Q, with EBITDA 16% above Opco on non-television advertising leverage. However, global OTAs’ measured approach toward meta-channels is causing management to reduce its click-based transaction (CBT) revenue outlook on softer auction pricing, despite improving mobile monetization and higher television advertising. Revenue-per-hotel- shopper (RPHS), -11% y/y from lower CPC bids, and guidance implies increased deceleration despite better mobile engagement. We view leaning heavily into TV as correct strategy to leverage new hotel shopper experience and cross-sell leading traffic. However, difficulty trying to pinpoint earnings inflecting back to sustainable growth keeps us on the sidelines. We would get more constructive if RPHS re- accelerates or more travel suppliers gain share in TRIP’s meta auction.”

According to TipRanks.com, Kelly is a 4-star analyst with an average return of 16.8% and a 55.6% success rate. Kelly covers the Services sector, focusing on stocks such as Yatra Online Inc, Bankrate Inc, and Pricelinecom.

Currently, the analyst consensus on TripAdvisor Inc is Hold and the average price target is $38.27, representing a 26.1% upside.

In a report released yesterday, Piper Jaffray also maintained a Hold rating on the stock with a $40 price target.
Amedisys (NASDAQ: AMED)

Mizuho Securities analyst Sheryl Skolnick reiterated a Buy rating on Amedisys (NASDAQ: AMED) today and set a price target of $65. The company’s shares closed yesterday at $55.19.

According to TipRanks.com, Skolnick is a 1-star analyst with an average return of -2.8% and a 48.7% success rate. Skolnick covers the Services sector, focusing on stocks such as AmerisourceBergen Corporation, Walgreens Boots Alliance, and Quintiles Transnational.

Currently, the analyst consensus on Amedisys is Moderate Buy and the average price target is $58, representing a 5.1% upside.

In a report issued on October 24, Oppenheimer also assigned a Buy rating to the stock with a $60 price target.

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