Tripadvisor, Inc. (NASDAQ:TRIP) Receives $17.50 Average Target Price from Analysts

Shares of Tripadvisor, Inc. (NASDAQ:TRIP) have been assigned an average recommendation of “Reduce” from the fourteen research firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $17.50.

A number of brokerages have commented on TRIP. Cantor Fitzgerald cut their price target on shares of Tripadvisor from $12.00 to $11.00 and set an “underweight” rating for the company in a research note on Thursday, November 7th. DA Davidson restated a “neutral” rating and set a $16.00 price target on shares of Tripadvisor in a research note on Thursday, December 19th. TD Cowen raised their price target on shares of Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. StockNews.com cut shares of Tripadvisor from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Finally, UBS Group cut their price target on shares of Tripadvisor from $18.00 to $17.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th.

Institutional Trading of Tripadvisor

A number of institutional investors have recently bought and sold shares of the business. Blue Trust Inc. grew its holdings in Tripadvisor by 204.4% during the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock worth $33,000 after acquiring an additional 1,543 shares during the period. KBC Group NV grew its holdings in shares of Tripadvisor by 65.3% in the 3rd quarter. KBC Group NV now owns 4,499 shares of the travel company’s stock valued at $65,000 after buying an additional 1,777 shares during the period. True Wealth Design LLC acquired a new position in shares of Tripadvisor in the 3rd quarter valued at $27,000. Capital Performance Advisors LLP acquired a new position in shares of Tripadvisor in the 3rd quarter valued at $28,000. Finally, Bogart Wealth LLC acquired a new position in shares of Tripadvisor in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

Tripadvisor Stock Up 0.2 %

NASDAQ TRIP opened at $17.47 on Thursday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 1.85. The firm has a 50-day simple moving average of $15.16 and a 200 day simple moving average of $14.97. Tripadvisor has a twelve month low of $12.93 and a twelve month high of $28.76. The stock has a market cap of $2.43 billion, a PE ratio of 75.96, a PEG ratio of 9.59 and a beta of 1.34.

Tripadvisor (NASDAQ:TRIP) last released its earnings results on Wednesday, November 6th. The travel company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.06. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. The business had revenue of $532.00 million during the quarter, compared to analysts’ expectations of $527.86 million. During the same quarter last year, the company earned $0.35 earnings per share. The firm’s revenue was down .2% on a year-over-year basis. On average, research analysts forecast that Tripadvisor will post 0.36 EPS for the current year.

Tripadvisor Company Profile

TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.