TripAdvisor, Inc. (NASDAQ:TRIP) Receives $14.68 Average PT from Analysts
by Jessica Moore · The Cerbat GemTripAdvisor, Inc. (NASDAQ:TRIP – Get Free Report) has earned an average rating of “Reduce” from the sixteen brokerages that are covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $14.5143.
A number of research firms recently commented on TRIP. UBS Group decreased their price objective on TripAdvisor from $16.00 to $13.70 and set a “neutral” rating on the stock in a report on Monday. Weiss Ratings reiterated a “sell (d+)” rating on shares of TripAdvisor in a report on Monday, December 29th. Zacks Research cut TripAdvisor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Cantor Fitzgerald set a $10.00 price target on TripAdvisor and gave the stock an “underweight” rating in a research note on Friday, February 13th. Finally, Barclays decreased their price target on TripAdvisor from $13.00 to $10.00 and set an “underweight” rating on the stock in a research note on Friday, February 13th.
Get Our Latest Analysis on TripAdvisor
TripAdvisor Price Performance
NASDAQ:TRIP opened at $11.19 on Friday. The firm has a market cap of $1.28 billion, a P/E ratio of 37.30, a price-to-earnings-growth ratio of 1.66 and a beta of 0.88. The stock has a 50 day moving average of $10.43 and a two-hundred day moving average of $13.04. TripAdvisor has a 12 month low of $9.01 and a 12 month high of $20.16. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.33.
TripAdvisor (NASDAQ:TRIP – Get Free Report) last issued its earnings results on Thursday, February 12th. The travel company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.11). The company had revenue of $411.00 million for the quarter, compared to analyst estimates of $412.53 million. TripAdvisor had a return on equity of 10.67% and a net margin of 2.12%.The company’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.30 earnings per share. On average, analysts expect that TripAdvisor will post 0.84 earnings per share for the current fiscal year.
Institutional Trading of TripAdvisor
A number of large investors have recently modified their holdings of TRIP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of TripAdvisor by 29.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 81,998 shares of the travel company’s stock worth $1,162,000 after acquiring an additional 18,699 shares during the period. Jones Financial Companies Lllp increased its position in shares of TripAdvisor by 1,183.2% during the first quarter. Jones Financial Companies Lllp now owns 6,416 shares of the travel company’s stock worth $85,000 after acquiring an additional 5,916 shares during the period. Empowered Funds LLC increased its position in shares of TripAdvisor by 14.2% during the first quarter. Empowered Funds LLC now owns 13,475 shares of the travel company’s stock worth $191,000 after acquiring an additional 1,676 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of TripAdvisor by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,532 shares of the travel company’s stock worth $4,216,000 after acquiring an additional 22,136 shares during the period. Finally, Creative Planning purchased a new stake in shares of TripAdvisor during the second quarter worth $349,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.
TripAdvisor Company Profile
TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.
The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.