Goldman Sachs (GS) Analysts Begin Coverage on HomeAway, Inc. (AWAY)
Monday, August 08, 2011 9:34 AM



Equities research analysts at Goldman Sachs (NYSE: GS) initiated coverage on shares of HomeAway, Inc. (NASDAQ: AWAY) in a research note to investors on Monday. The analysts set a "buy" rating on the stock.

Separately, analysts at Stifel Nicolaus initiated coverage on shares of HomeAway, Inc. in a research note to investors on Monday. They set a "hold" rating on the stock. Also, analysts at Lazard Capital initiated coverage on shares of HomeAway, Inc. in a research note to investors on Monday, August 1st. They set a "neutral" rating on the stock.

Shares of HomeAway, Inc. opened at 32.24 on Tuesday. HomeAway, Inc. has a 52 week low of $30.07 and a 52 week high of $43.98. The stock's 50-day moving average is $39.71 and its 200-day moving average is $39.71. The company has a market cap of $1.274 billion and a price-to-earnings ratio of 435.68.

HomeAway, Inc. (HomeAway) is an early-stage company. HomeAway operates the online marketplace for the vacation rental industry. As of March 31, 2011, HomeAway operated its online marketplace through 31 Websites in 11 languages and provided listings for vacation rentals located in over 145 countries. As of March 31, 2011, the Company’s global marketplace included more than 560,000 paid listings of vacation rentals. Travelers use its Websites at no charge to find, select, inquire upon and book vacation rentals and other accommodations, such as bed and breakfasts. In October 2010, it acquired Instant Software, Inc., First Resort Software Company, Inc., Entech Data Systems, Inc. and VRGDS, Inc. In October 2010, it acquired Escapia, Inc. In March 2010, it acquired ELG Hospitality, Inc. and Qualimidia Veiculacao E Divulgacao Ltd.

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