Expedia Inc. (EXPE): Today's Featured Leisure Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Expedia ( EXPE) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Expedia fell $17.80 (-27.4%) to $47.20 on heavy volume. Throughout the day, 28,111,216 shares of Expedia exchanged hands as compared to its average daily volume of 2,669,800 shares. The stock ranged in price between $47.09-$50.90 after having opened the day at $50.00 as compared to the previous trading day's close of $65.00. Other companies within the Leisure industry that declined today were: Luby's ( LUB), down 4.9%, Orbitz Worldwide ( OWW), down 3.9%, International Speedway Corporation ( ISCA), down 3.9% and Diamond Resorts International ( DRII), down 2.9%.

Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. Expedia has a market cap of $7.8 billion and is part of the services sector. Shares are up 3.8% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Expedia a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Expedia as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally higher debt management risk.

On the positive front, Starbucks Corporation ( SBUX), up 7.6%, Dunkin Brands Group ( DNKN), up 6.2%, Frisch's Restaurants ( FRS), up 5.6% and Pinnacle Entertainment ( PNK), up 5.5% , were all gainers within the leisure industry with Carnival Corporation ( CCL) being today's featured leisure industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

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