HomeAway (NASDAQ:AWAY) had its price objective hosited by FBR Capital Markets from $30.00 to $34.00 in a report released on Thursday, AnalystRatingsNetwork.com reports. FBR Capital Markets currently has a market perform rating on the stock.
Shares of HomeAway (NASDAQ:AWAY) traded down 1.19% during mid-day trading on Thursday, hitting $39.10. 215,975 shares of the company’s stock traded hands. HomeAway has a 1-year low of $19.58 and a 1-year high of $40.85. The stock has a 50-day moving average of $33.2 and a 200-day moving average of $31.22. The company has a market cap of $3.356 billion and a P/E ratio of 141.32.
HomeAway (NASDAQ:AWAY) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.16 by $0.03. The company had revenue of $90.15 million for the quarter, compared to the consensus estimate of $89.20 million. During the same quarter last year, the company posted $0.14 earnings per share. HomeAway’s revenue was up 23.3% compared to the same quarter last year. Analysts expect that HomeAway will post $0.63 EPS for the current fiscal year.
In other HomeAway news, CTO Ross Buhrdorf sold 7,546 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $36.27, for a total transaction of $273,693.42. Following the sale, the chief technology officer now directly owns 31,887 shares in the company, valued at approximately $1,156,541. The sale was disclosed in a filing with the SEC, which is available at this link.
Several other analysts have also recently commented on the stock. Analysts at Cowen and Company raised their price target on shares of HomeAway from $31.00 to $35.00 in a research note to investors on Thursday, November 7th. They now have a market perform rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of HomeAway from $28.00 to $30.00 in a research note to investors on Thursday, November 7th. They now have a hold rating on the stock. Finally, analysts at Barclays raised their price target on shares of HomeAway from $32.00 to $34.00 in a research note to investors on Thursday, November 7th. They now have an overweight rating on the stock. Nine equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. HomeAway currently has a consensus rating of Buy and an average price target of $35.58.
HomeAway, Inc (NASDAQ:AWAY) is an online marketplace for the vacation rental industry.
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