Tripadvisor, Inc. (NASDAQ:TRIP) Given Average Rating of “Reduce” by Analysts

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

Several research firms recently commented on TRIP. TD Cowen raised their price objective on shares of Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Wedbush reissued a “neutral” rating and issued a $17.00 price target on shares of Tripadvisor in a report on Thursday, December 19th. StockNews.com downgraded shares of Tripadvisor from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. B. Riley raised their price target on shares of Tripadvisor from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Finally, 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 report on Thursday, November 7th.

Institutional Trading of Tripadvisor

Hedge funds have recently added to or reduced their stakes in the business. True Wealth Design LLC bought a new position in shares of Tripadvisor during the third quarter valued at about $27,000. Capital Performance Advisors LLP bought a new position in shares of Tripadvisor during the third quarter valued at about $28,000. Blue Trust Inc. raised its stake in shares of Tripadvisor by 204.4% during the fourth quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock valued at $33,000 after acquiring an additional 1,543 shares during the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of Tripadvisor during the third quarter valued at about $43,000. Finally, GAMMA Investing LLC increased its position in shares of Tripadvisor by 204.7% during the fourth quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company’s stock valued at $54,000 after buying an additional 2,469 shares during the period. 98.99% of the stock is owned by institutional investors.

Tripadvisor Stock Down 0.7 %

TRIP opened at $17.74 on Thursday. The company has a 50 day moving average of $14.81 and a 200 day moving average of $14.99. The company has a market cap of $2.47 billion, a PE ratio of 77.13, a price-to-earnings-growth ratio of 8.59 and a beta of 1.33. Tripadvisor has a 12 month low of $12.93 and a 12 month high of $28.76. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93.

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

About Tripadvisor

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.