Stock In Focus: Expedia Inc (NASDAQ:EXPE)

[PRNewswire] Expedia Inc (NASDAQ:EXPE) will report its third quarter results for the period ended September 30, 2014 on Thursday, October 30, 2014 via an earnings release and accompanying webcast. Both items will be available in the Investor Relations section of the company's corporate website at http://ir.expediainc.com. The earnings release will post after market close and the webcast will begin at 1:30 PM Pacific Time / 4:30 PM Eastern Time. A replay of the call is expected to be available for at least three months.Stock PerformanceTaking a look at the company’s recent performance, Expedia reported second quarter earnings for fiscal year 2014 on July 31^st 2014. The company reported actual earnings per share of $0 1.03 against the consensus Street estimate of $0.76.This represents year over year growth of 37.86%. Expedia posted revenue of $1.49 billion against estimates of $1.44 billion.Expedia is currently valued at $10.19 billion and closed the last trading session at $77.25. The stock has a 50-day moving average of $86.17 and a 200-day moving average of $77.94.

Is this a Buying Opportunity?There are currently seventeen analysts that we track that cover the stock. Of those seventeen, eight have Buy rating and nine have a hold rating. On a consensus basis this yields a score of 2.47 and a Hold. The combined price objective of these covering analysts is $88.30, which represents a 1.99% upside difference to the last closing price.The most recent analyst activity consisted of Zacks reiterating their neutral stance of the company. Zacks has a price target of $89 which represents an upside of 4.09% from the last closing price. On the date of the report, the stock closed at $85.90.Another research firm weighing in recently was BNP Paribas who boosted price on the stock. On August 14^th 2014 BNP Paribas upgrade their price target on the stock $91.00 to $100.00 or a 12.59% upside to the current price. On the day of the report, EXPE shares closed at $84.93.Company Profile Expedia (NASDAQ:EXPE) together with its subsidiaries, operates as an online travel company in the United States and internationally. It provides travel products and services to leisure and corporate travelers, offline retail travel agents, and travel service providers through a portfolio of brands, including Expedia.com, Hotels.com, Hotwire.com, Expedia Affiliate Network, Classic Vacations, Expedia Local Expert, Egencia, Expedia CruiseShipCenters, eLong, and Venere.com. The company’s travel offerings consist of airline tickets, hotel rooms, car rentals, destination services, cruises, and package travel provided by various commercial airlines, lodging properties, car rental companies, destination service providers, cruise lines, and other travel product and service companies on a stand-alone and package basis.