TripAdvisor (NASDAQ:TRIP) Upgraded by Wall Street Zen to Strong-Buy Rating
by Sarita Garza · The Markets DailyWall Street Zen upgraded shares of TripAdvisor (NASDAQ:TRIP – Free Report) from a buy rating to a strong-buy rating in a report issued on Sunday.
TRIP has been the subject of several other reports. Bank of America assumed coverage on TripAdvisor in a report on Monday, July 14th. They set a “neutral” rating and a $19.00 price objective for the company. Citigroup upped their price target on TripAdvisor from $16.00 to $19.00 and gave the company a “neutral” rating in a research report on Monday, August 18th. UBS Group reiterated a “neutral” rating on shares of TripAdvisor in a research note on Sunday, August 10th. Mizuho began coverage on TripAdvisor in a research note on Tuesday, September 30th. They issued an “underperform” rating and a $14.00 price objective on the stock. Finally, B. Riley upped their price objective on shares of TripAdvisor from $17.00 to $21.00 and gave the company a “neutral” rating in a report on Monday, August 11th. Eight analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, TripAdvisor currently has an average rating of “Reduce” and a consensus target price of $17.03.
Check Out Our Latest Analysis on TRIP
TripAdvisor Stock Performance
NASDAQ TRIP opened at $15.31 on Friday. The company has a market capitalization of $1.78 billion, a PE ratio of 31.90, a price-to-earnings-growth ratio of 2.38 and a beta of 1.21. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.24 and a current ratio of 1.24. TripAdvisor has a 52-week low of $10.43 and a 52-week high of $20.16. The company has a 50-day simple moving average of $17.07 and a 200 day simple moving average of $15.41.
TripAdvisor (NASDAQ:TRIP – Get Free Report) last released its earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. The firm had revenue of $529.00 million for the quarter, compared to analysts’ expectations of $529.91 million. During the same period in the previous year, the company earned $0.39 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts predict that TripAdvisor will post 0.46 EPS for the current year.
Insider Buying and Selling at TripAdvisor
In other news, insider Seth J. Kalvert sold 10,880 shares of TripAdvisor stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $20.04, for a total transaction of $218,035.20. Following the completion of the sale, the insider owned 136,914 shares in the company, valued at approximately $2,743,756.56. This trade represents a 7.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.10% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TRIP. Lecap Asset Management Ltd. bought a new position in TripAdvisor in the first quarter valued at $1,071,000. Boyar Asset Management Inc. purchased a new position in shares of TripAdvisor in the 1st quarter worth about $865,000. Tsfg LLC purchased a new position in shares of TripAdvisor in the 1st quarter worth about $35,000. Teacher Retirement System of Texas bought a new position in shares of TripAdvisor during the 1st quarter valued at about $235,000. Finally, Principal Financial Group Inc. raised its holdings in shares of TripAdvisor by 2.5% during the 1st quarter. Principal Financial Group Inc. now owns 547,435 shares of the travel company’s stock valued at $7,757,000 after buying an additional 13,131 shares in the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.
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.
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