TheStreet.com  Oct 8  Comment 
NEW YORK (TheStreet) -- BMO Capital initiated coverage onaHomeAway Inc. ashares with an "outperform" rating and a price target of $42. The firm said the company is well positioned to leverage its more than one million listings across a growing...
TheStreet.com  Oct 8  Comment 
NEW YORK (TheStreet) -- RATINGS CHANGES ADT was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: ADT Ratings Report HomeAway was initiated with an outperform rating at BMO Capital. Company is...
Benzinga  Oct 8  Comment 
Analysts at BMO Capital initiated coverage on HomeAway (NASDAQ: AWAY) with a Outperform rating. The target price for HomeAway is set to $42. HomeAway shares have dropped 9.76% over the past 52 weeks, while the S&P 500 index has surged 16.83%...
SeekingAlpha  Sep 29  Comment 
By WestEnd511: Marketing analytics company Warren Weiss published a study dated May 2014 on the home and lodging rental service industry that indicated only 8% of the leisure travellers have heard or used a home and lodging rental service. This...
SeekingAlpha  Sep 25  Comment 
By The Value Investor: Investors in HomeAway (NASDAQ:AWAY) received a welcomed buy rating from analysts at SunTrust, which are bullish on the prospects for the company's shares following continued anticipated growth driven by a continued shift...
Benzinga  Sep 24  Comment 
Analysts at SunTrust initiated coverage on HomeAway, Inc. (NASDAQ: AWAY) with a Buy rating and $40 price target. Robert Peck outlined drivers for the Buy rating: HomeAway has strong financials, with revenues growing 30 percent and EBITDA...
Forbes  Sep 23  Comment 
While the partnership will give HomeAway vacation rental owners and property managers exposure to more than 13.4 million monthly visitors on Expedia, Expedia users will get the benefit of being able to bundle home rentals with flights, cars and...
SeekingAlpha  Sep 21  Comment 
By WestEnd511: HomeAway (NASDAQ:AWAY) announced that it has expanded its current partnership with Expedia (NASDAQ:EXPE) that allows AWAY's rental listings to be distributed on EXPE's US website. Under this new agreement, EXPE will expand the...
Benzinga  Sep 19  Comment 
In a report published Friday, Bank of America analyst Nat Schindler reiterated a Neutral rating and $34.00 price target on HomeAway, Inc. (NASDAQ: AWAY). In the report, Bank of America noted, “Yesterday at HomeAway's 2014 RezFest, HomeAway...
Benzinga  Aug 13  Comment 
In Wednesday's morning summary, Stifel analyst Scot Devitt downgraded shares of HomeAway (NASDAQ: AWAY) from Buy to Hold with a $38 fair value. Devitt noted the company has showed positive results for its two-pronged transition strategy of...


HomeAway (NASDAQ:AWAY) is an online vacation rental company that provides a virtual market space where users can post their privately-owned homes for rent. The company has funished villas, resort homes, cabins, secondary vacation living spaces from all over the world with over 9.5 million unique viewers per month. The company's business model allows viewers to browse the website freely at no charge while the property managers and owners pay an annual listings fee. Additional tools and software add-ins are also available for a fee in order to facilitate postings and updates. [1]

Business Overview

For the full year 2010, KiOR posted $168M in revenue and $16.9M in net income. This was a 40% increase in revenue and 120% increase in net income as compared to the previous year.[2]

New Updates

The company's initial public offering of stock on the NASDAQ occurred on June 28, 2011. The company offered 8M shares each for $27 at the high end of the the $24-$27 initial price range. The offering raised only a total of $216M. The lead managers of the IPO were Morgan Stanley (MS), Deutsche Bank AG (DB), Goldman Sachs Group (GS) and J P Morgan Chase (JPM). [3]

Trends & Forces

Opportunity to Improve Inefficient Vacation Rental Market

The vacation rental market is a highly fractionated and inefficient market space with significant opportunity for online advertising. In the past, vacationers have not had very many consolidated locations to compare offers or explore new travel locations. Historically many property managers have also had issues being to maximize revenues by renting locations during low periods. These inherent market inefficiencies have largely been reduced with online marketing services similar to the ones that HomeAway provides. Similar to EBay (EBAY) and other e-commerce companies, the sellers rely on customer feedback ratings and reviews to develop credibility with potential renters. [4]

  1. HomeAway S-1/A 2011 SUMMARY "Overview" pg 1-2
  3. Renaissance Capital - IPO Home "HomeAway prices IPO at $27, at high end of the range" 28 June 2011
  4. HomeAway S-1/A 2011 PROSPECTUS SUMMARY "The Vacation Rental Industry" pg1-3
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki