NEW YORK ( TheStreet) -- Expedia ( EXPE) is the best-performing stock in the S&P 500 on Wednesday morning. The S&P 500 was falling almost 14 points, or 1.06%, to 1,302.
Shares of Expedia rose 5.71% to $45.15. The stock hit a 52-week high on Wednesday of $44.52. The stock's 52-week low of $22.44 was set on Oct. 4. Expedia's stock trades at an estimated price-to-earnings ratio for next year of 13.2 times; the average for travel and tourism companies is 15.27X. For comparison, Priceline.com ( PCLN) has a higher forward P/E of 16.64X. Thirteen of the 26 analysts who cover Expedia rate it at hold. Eleven analysts give the stock a buy rating and two rate it at sell. The stock has risen 55.68% year to date. -- Written by Alexandra Zendrian in New York. >To contact the writer of this article, click here: Alexandra Zendrian >To submit a news tip, send an email to: firstname.lastname@example.org. >To follow the writer on Twitter, go to Alexandra Zendrian.