Is Expedia (NASDAQ:EXPE) Now a Sell? Merrill Lynch Downgrades Stock
- Kelley Robertson
Net earnings for the quarter were posted at $2.51 per share, whereas Wall Street had forecast $2.62 per share. The rating was upgraded by Piper Jaffray to "Overweight" on Thursday, March 10. The stock decreased 0.08% or $0.1 during the last trading session, reaching $127.18. Davis Capital Partners Llc, a California-based fund reported 2.50 million shares. Expedia, Inc. (NASDAQ:EXPE) has risen 30.43% since January 11, 2017 and is uptrending. It has outperformed by 3.47% the S&P500. Omega Incorporated accumulated 1.09% or 195,497 shares. Legal & General Group Plc now owns 540,683 shares of the online travel company's stock valued at $80,534,000 after purchasing an additional 11,571 shares during the last quarter. Boeing Co now has $200.24B valuation. The stock decreased 0.80% or $0.1 during the last trading session, reaching $12.33. About 6.52M shares traded or 100.25% up from the average. KKR & Co. L.P. (KKR) has risen 43.92% since January 13, 2017 and is uptrending. It has outperformed by 12.14% the S&P500.
Investors sentiment increased to 1.43 in Q3 2017. Its up 0.14, from 1.29 in 2017Q2.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. 124.65 million shares or 0.14% more from 124.48 million shares in 2017Q2 were reported. Bluestein R H & Co reported 2,500 shares. Dnb Asset Mngmt As has invested 0.03% in Expedia, Inc. The company has a market capitalization of $20,180.00, a price-to-earnings ratio of 52.32, a price-to-earnings-growth ratio of 1.77 and a beta of 0.89. (NASDAQ:EXPE) on Wednesday, August 30 with "Buy" rating. Tpg Grp Inc (Sbs) Advsrs has invested 0.05% of its portfolio in Expedia, Inc. The institutional investor owned 255,708 shares of the online travel company's stock after purchasing an additional 24,754 shares during the period.
Goodnow Investment Group Llc holds 8.63% of its portfolio in Genesee & Wyoming Inc. for 565,877 shares. Nuveen Asset Mgmt Limited Company invested in 0.24% or 254,181 shares.
United States oil hits highest since 2014, worries grow of overheated market
These levels of US crude oil output are expected to continue increasing in 2019 to an average of 10.8 million b/d. WTI the day before rose to its strongest since late 2014 at $64.77.
Expedia New (NASDAQ:EXPE) had an increase of 10.65% in short interest. Brandywine Managers Limited Liability Corp reported 4,535 shares stake. Maverick Capital Limited reported 23,650 shares. New York-based Alpine Woods Capital Lc has invested 0.02% in Expedia, Inc. Equities research analysts predict that Expedia will post $4.72 EPS for the current year. (NASDAQ:EXPE), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 71% are positive. Expedia Inc. had 106 analyst reports since July 24, 2015 according to SRatingsIntel. SunTrust Banks raised their price target on Expedia to $180.00 and gave the stock a "buy" rating in a report on Friday. Hartford Inv Mgmt Communication reported 0.07% in Expedia, Inc. (NASDAQ:EXPE) earned "Buy" rating by UBS on Friday, October 30. On Thursday, October 26 the stock rating was maintained by Morgan Stanley with "Equal-Weight". The firm earned "Hold" rating on Thursday, November 10 by Stifel Nicolaus. HSBC downgraded the shares of TI in report on Thursday, July 14 to "Hold" rating. The firm considers investments in all industries with a focus on software, security, semiconductors, consumer electronics, internet of things, internet, information services, information technology infrastructure, network and cyber security architecture, engineering and operations, content, technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy.
Among 12 analysts covering Telecom Italia (NYSE:TI), 2 have Buy rating, 2 Sell and 8 Hold. Credit Suisse reinitiated Expedia, Inc. EXPE's SI was 13.73 million shares in January as released by FINRA. The rating was maintained by Oppenheimer with "Buy" on Wednesday, July 19. Dock Street Asset Management stated it has 3.29% in Expedia, Inc. Kite Rlty Group Tr (NYSE:KRG) was reduced too.
Since January 1, 0001, it had 0 insider buys, and 6 selling transactions for $2.06 million activity. 134 shares were sold by Downey Thomas J, worth $32,321 on Monday, August 7. Nine analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company. Therefore 42% are positive. Anthem Inc had 63 analyst reports since July 27, 2015 according to SRatingsIntel. Wells Fargo maintained the shares of FTNT in report on Thursday, September 17 with "Outperform" rating. On Monday, February 13 the stock rating was maintained by Benchmark with "Buy". The firm earned "Buy" rating on Tuesday, October 24 by Credit Suisse. Expedia Inc. has $190 highest and $27 lowest target. The firm has "Buy" rating given on Friday, July 31 by Deutsche Bank. Zacks Investment Research cut Expedia from a "hold" rating to a "sell" rating in a research note on Monday, September 11th. The firm has "Buy" rating by Cowen & Co given on Friday, October 27. The firm has "Outperform" rating given on Friday, October 7 by RBC Capital Markets. EXPE's profit will be $143.34 million for 35.20 P/E if the $0.94 EPS becomes a reality.
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