Zacks: Liberty Expedia Holdings Inc Series A (NASDAQ:LEXEA) Given Consensus Recommendation of “Buy” by Analysts

Liberty Expedia Holdings Inc Series A (NASDAQ:LEXEA) has been given an average broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company.

Zacks has also given Liberty Expedia Holdings Inc Series A an industry rank of 74 out of 256 based on the ratings given to related companies.

LEXEA has been the subject of several research reports. ValuEngine upgraded shares of Liberty Expedia Holdings Inc Series A from a “hold” rating to a “buy” rating in a research note on Saturday, April 13th. BidaskClub upgraded shares of Liberty Expedia Holdings Inc Series A from a “sell” rating to a “hold” rating in a research note on Friday. Finally, Guggenheim lowered shares of Liberty Expedia Holdings Inc Series A from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 26th.

Shares of NASDAQ:LEXEA traded up $0.43 on Friday, hitting $45.49. The company had a trading volume of 323,805 shares, compared to its average volume of 333,936. Liberty Expedia Holdings Inc Series A has a 1 year low of $37.20 and a 1 year high of $50.82. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.24. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 11.82 and a beta of 1.02.

Institutional investors have recently modified their holdings of the stock. Hudson Bay Capital Management LP increased its stake in shares of Liberty Expedia Holdings Inc Series A by 334.1% in the 4th quarter. Hudson Bay Capital Management LP now owns 2,113,261 shares of the technology company’s stock worth $82,650,000 after acquiring an additional 1,626,402 shares in the last quarter. Prudential Financial Inc. increased its stake in shares of Liberty Expedia Holdings Inc Series A by 215.9% in the 4th quarter. Prudential Financial Inc. now owns 262,008 shares of the technology company’s stock worth $10,247,000 after acquiring an additional 179,059 shares in the last quarter. Norges Bank bought a new position in shares of Liberty Expedia Holdings Inc Series A in the 4th quarter worth about $32,237,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Liberty Expedia Holdings Inc Series A in the 1st quarter worth about $1,152,000. Finally, Tygh Capital Management Inc. increased its stake in shares of Liberty Expedia Holdings Inc Series A by 64.8% in the 4th quarter. Tygh Capital Management Inc. now owns 161,293 shares of the technology company’s stock worth $6,308,000 after acquiring an additional 63,396 shares in the last quarter. Institutional investors own 86.65% of the company’s stock.

About Liberty Expedia Holdings Inc Series A

Liberty Expedia Holdings, Inc operates as an online travel company in the United States and internationally. The company enables business and leisure travelers to research, plan, book, and experience travel. It also provides travel and non-travel advertisers access to a potential source of incremental traffic and transactions through its various media and advertising offerings on its websites.

Further Reading: What is a back-end load?

Get a free copy of the Zacks research report on Liberty Expedia Holdings Inc Series A (LEXEA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Liberty Expedia Holdings Inc Series A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Expedia Holdings Inc Series A and related companies with MarketBeat.com's FREE daily email newsletter.