Expedia (NASDAQ:EXPE) Raised to "Buy" at Bank of America

Marco Green
January 13, 2018

The institutional investor held 5.26M shares of the telecommunications equipment company at the end of 2017Q3, valued at $49.44 million, down from 6.69M at the end of the previous reported quarter. (NASDAQ:ELGX) to report earnings on February, 28. The online travel company reported $2.51 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.61 by ($0.10). The stock has a market capitalization of $20,180.00, a P/E ratio of 52.32, a price-to-earnings-growth ratio of 1.77 and a beta of 0.89. Endologix, Inc. (ELGX) has declined 63.00% since January 11, 2017 and is downtrending. It has underperformed by 16.70% the S&P500.

Since August 20, 2017, it had 0 buys, and 5 insider sales for $3.11 million activity. Cantor Fitzgerald reissued an "overweight" rating and set a $175.00 price target on shares of Expedia in a research report on Tuesday. ELGX was included in 3 notes of analysts from September 6, 2016. BMO Capital Markets initiated the stock with "Buy" rating in Monday, September 11 report. Senzar Asset Management Llc, a New York-based fund reported 901,541 shares. Golub Grp Ltd Liability Co reported 1.91% stake. Marshall Wace North America L.P. now owns 11,721 shares of the online travel company's stock valued at $1,746,000 after purchasing an additional 7,763 shares during the last quarter.

Investors sentiment increased to 1.43 in 2017 Q3. First Tru Advisors Limited Partnership, a Illinois-based fund reported 1.07 million shares. (NASDAQ:EXPE) to report $0.94 EPS on February, 8.They anticipate $0.03 EPS change or 3.09% from last quarter's $0.97 EPS. Telecom Italia S.p.A. (NYSE:TI) has risen 7.21% since January 12, 2017 and is uptrending. Finally, its 100-day average volume is 2,366,501 shares with 67% of long-term indicators pointing to Sell. Its up 0.14, from 1.29 in 2017Q2. It is positive, as 42 investors sold EXPE shares while 152 reduced holdings. (NASDAQ:EXPE) for 4,860 shares. Zacks Investment Research cut shares of Expedia from a "hold" rating to a "strong sell" rating in a research report on Tuesday. Palouse Cap Mgmt Inc stated it has 142,461 shares or 2.63% of all its holdings.

Expedia (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, October 26th.

The most recent non open market insider trade was completed by OKERSTROM MARK D on 09/08/2017, and was a disposition of 1,194 shares with a final price of $143.97. (NASDAQ:EXPE). Monetary Management Group accumulated 25,255 shares or 1.53% of the stock. Sg Americas Securities Ltd Liability Corp owns 54,278 shares. Teacher Retirement System Of Texas has invested 0.04% in Expedia, Inc. Winfield Associates holds 118 shares or 0.01% of its portfolio. Nippon Life Insur Co has invested 0.02% in Expedia, Inc. Moreover, Price T Rowe Md has 0.01% invested in Expedia, Inc. (NASDAQ:EXPE). Natl Pension Serv owns 127,913 shares or 0.1% of their U.S. portfolio. 39 were accumulated by Tci Wealth Advsr. (NASDAQ:EXPE) rating on Thursday, October 12. One analyst has rated the stock with a sell rating, eight have given a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the stock. Fuller & Thaler Asset Management Inc. purchased a new stake in Expedia in the third quarter worth $101,000. Expedia has a consensus rating of "Buy" and a consensus target price of $159.18. The Company's Core OTA segment provides a range of travel and advertising services to its customers across the world, through a range of brands, including Expedia.com and Hotels.com in the United States, and localized Expedia and Hotels.com Websites throughout the world, Orbitz.com, Expedia Affiliate Network, Hotwire.com, Travelocity, Wotif Group, CarRentals.com and Classic Vacations. Therefore 75% are positive. Shellback Lp reported 0.88% of its portfolio in Expedia, Inc. Expedia Inc. had 106 analyst reports since July 24, 2015 according to SRatingsIntel. (NASDAQ:EXPE) on Tuesday, July 25 with "Buy" rating. The company was downgraded on Thursday, November 5 by William Blair. Cowen set a $158.00 price target on shares of Expedia and gave the company a "buy" rating in a research report on Thursday, October 12th. Oppenheimer reiterated a buy rating on shares of Expedia in a report on Wednesday, December 20th. The rating was maintained by Piper Jaffray with "Buy" on Friday, July 28. The firm presently has a "buy" rating on the online travel company's stock. Expedia now has an average rating of Buy and an average target price of $159.50.

Boothbay Fund Management Llc decreased Stepan Co (NYSE:SCL) stake by 3,846 shares to 2,760 valued at $231,000 in 2017Q3. It also increased its holding in Apache Corp (NYSE:APA) by 85,453 shares in the quarter, for a total of 1.09 million shares, and has risen its stake in Hca Healthcare Inc (NYSE:HCA). Fortive Corporation was reduced too.

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