Expedia (EXPE) Gets a Hold Rating from Oppenheimer

By Carrie Williams

Oppenheimer analyst Jed Kelly maintained a Hold rating on Expedia (EXPEResearch Report) today and set a price target of $120.00. The company’s shares closed last Monday at $122.67.

According to TipRanks.com, Kelly is ranked #540 out of 5913 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Expedia with a $136.56 average price target, a 10.1% upside from current levels. In a report issued on January 30, Goldman Sachs also downgraded the stock to Hold with a $120.00 price target.

See today’s analyst top recommended stocks >>

Based on Expedia’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.75 billion and net profit of $76 million. In comparison, last year the company earned revenue of $2.56 billion and had a net profit of $17 million.

Based on the recent corporate insider activity of 43 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.