Barclays Maintains an 'Equalweight' on HomeAway (AWAY); Q1 Preview
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Price: $20.40 +0.20%
Rating Summary:
12 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
12 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Barclays maintains an 'Equalweight' on HomeAway (NASDAQ: AWAY) price target lowered from $35 to $25.
Analyst, Mark May, said, "We continue to have a favorable view of HomeAway's long-term growth prospects and believe the business has both competitive moats and an ability to drive monetization higher. We believe the company will deliver in-line 1Q12 results tomorrow after the close and believe the CY12 guidance range could be increased slightly due to inclusion of the Toprural acquisition as we see limited upside to published organic forecasts."
Raises FY12 revenues from $277 to $279 million, but lowers FY13 EPS estimate from $0.66 to $0.65.
For an analyst ratings summary and ratings history on HomeAway click here. For more ratings news on HomeAway click here.
Shares of HomeAway closed at $24.06 yesterday.
Analyst, Mark May, said, "We continue to have a favorable view of HomeAway's long-term growth prospects and believe the business has both competitive moats and an ability to drive monetization higher. We believe the company will deliver in-line 1Q12 results tomorrow after the close and believe the CY12 guidance range could be increased slightly due to inclusion of the Toprural acquisition as we see limited upside to published organic forecasts."
Raises FY12 revenues from $277 to $279 million, but lowers FY13 EPS estimate from $0.66 to $0.65.
For an analyst ratings summary and ratings history on HomeAway click here. For more ratings news on HomeAway click here.
Shares of HomeAway closed at $24.06 yesterday.
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