Jefferies Reaffirms Their Hold Rating on Expedia

By Jason Carr

Jefferies analyst Karen Chan reiterated a Hold rating on Expedia (NASDAQ: EXPE) on July 28 and set a price target of $140. The company’s shares closed on Friday at $159.50, close to its 52-week high of $161.

According to, Chan is a 5-star analyst with an average return of 22.6% and a 91.1% success rate. Chan covers the Technology sector, focusing on stocks such as Facebook Inc, Alphabet Inc, and NetEase Inc.

Currently, the analyst consensus on Expedia is Strong Buy and the average price target is $167, representing a 4.7% upside.

In a report issued on July 28, Stifel Nicolaus also reiterated a Hold rating on the stock with a $160 price target.

Expedia’s market cap is currently $24.08B and has a P/E ratio of 81.38. The company has a book value ratio of 5.8883.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2017, Craig Jacobson, a Director at EXPE sold 3,000 shares for a total of $419,850.

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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: and in the United States and localized Expedia and 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.