HomeAway (AWAY) Tops Q3 EPS by 3c, to be Acquired by Expedia, Inc. (EXPE)

Go back to HomeAway (AWAY) Tops Q3 EPS by 3c, to be Acquired by Expedia, Inc. (EXPE)

Expedia's (EXPE) Competitive Threats Greater than AWAY Deal Benefits - Janney

November 5, 2015 9:48 AM EST

Expedia (NASDAQ: EXPE) announced it would acquire HomeAway (AWAY) for $10.15 per share in cash and 0.2065 of a share of Expedia common stock. Analysts at Janney estimate the deal is priced at over 23x our 2016 EBITDA estimate. The deal is expected to close in 1Q16 and will be dilutive to 2016 EPS.... More

William Blair Downgrades HomeAway (AWAY) to Market Perform

November 5, 2015 7:21 AM EST

William Blair downgraded HomeAway (NASDAQ: AWAY) from Outperform to Market Perform.

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 $32.04 yesterday.

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Raymond James Downgrades HomeAway (AWAY) to Market Perform

November 5, 2015 7:20 AM EST

Raymond James downgraded HomeAway (NASDAQ: AWAY) from Outperform to Market Perform.

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 $32.04 yesterday.

... More

SunTrust Downgrades HomeAway (AWAY) to Neutral

November 5, 2015 7:20 AM EST

SunTrust Robinson Humphrey downgraded HomeAway (NASDAQ: AWAY) from Buy to Neutral.

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 $32.04 yesterday.

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RBC Capital Downgrades HomeAway (AWAY) to Sector Perform

November 5, 2015 7:19 AM EST

RBC Capital downgraded HomeAway (NASDAQ: AWAY) from Outperform to Sector Perform.

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 $32.04 yesterday.

... More

Oppenheimer Upgrades Expedia (EXPE) to Outperform

November 5, 2015 7:15 AM EST

Oppenheimer upgraded Expedia (NASDAQ: EXPE) from Perform to Outperform.

For an analyst ratings summary and ratings history on Expedia click here. For more ratings news on Expedia click here.

Shares of Expedia closed at $134.17 yesterday.

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HomeAway Deal a 'Major Positive' for Expedia (EXPE), Cowen Says; PT to $180

November 5, 2015 7:09 AM EST

Cowen analyst Kevin Kopelman reiterated an Outperform rating and raised his price target on Expedia (NASDAQ: EXPE) to $180.00 (from $160.00) following its deal to acquire HomeAway.

Kopelman commented, "We view Expedia's purchase of HomeAway for $1.0B in cash plus ~21M Expedia shares... More

Deutsche Bank Downgrades HomeAway (AWAY) to Hold

November 5, 2015 6:49 AM EST

Deutsche Bank downgraded HomeAway (NASDAQ: AWAY) from Buy to Hold with a price target of $38.00 (from $37.00). Analyst Lloyd Walmsley said the buyout price as low.

"We see the ~$38 buyout price as undervaluing the optionality at AWAY, though we recognize 1) implementing a transactional model carries... More