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

Tripadvisor, Inc. (NASDAQ:TRIP) has received a consensus rating of “Reduce” from the fourteen analysts that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $17.50.

A number of analysts recently commented on the stock. B. Riley upped their price objective on shares of Tripadvisor from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. TD Cowen raised their price target on Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. StockNews.com lowered Tripadvisor from a “buy” rating to a “hold” rating in a research report on Wednesday, January 1st. UBS Group lowered their target price on Tripadvisor from $18.00 to $17.00 and set a “neutral” rating for the company in a research note 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 on the stock in a research note on Thursday, November 7th.

Tripadvisor Price Performance

Shares of TRIP opened at $15.35 on Friday. The stock has a market cap of $2.14 billion, a P/E ratio of 66.74, a price-to-earnings-growth ratio of 9.35 and a beta of 1.33. Tripadvisor has a 1 year low of $12.93 and a 1 year high of $28.76. The stock’s 50-day moving average price is $14.51 and its two-hundred day moving average price is $15.15. 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 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $527.86 million. During the same quarter last year, the firm earned $0.35 EPS. Tripadvisor’s quarterly revenue was down .2% compared to the same quarter last year. On average, equities analysts predict that Tripadvisor will post 0.37 earnings per share for the current year.

Hedge Funds Weigh In On Tripadvisor

Hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC boosted its position in 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 purchasing an additional 2,469 shares during the last quarter. Confluence Investment Management LLC boosted its holdings in shares of Tripadvisor by 43.6% in the 4th quarter. Confluence Investment Management LLC now owns 233,858 shares of the travel company’s stock valued at $3,454,000 after buying an additional 70,960 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Tripadvisor in the third quarter valued at $201,000. Geode Capital Management LLC increased its holdings in Tripadvisor by 1.0% during the third quarter. Geode Capital Management LLC now owns 1,822,913 shares of the travel company’s stock worth $26,421,000 after buying an additional 18,059 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its position in Tripadvisor by 7.4% during the third quarter. Public Employees Retirement System of Ohio now owns 52,534 shares of the travel company’s stock worth $761,000 after acquiring an additional 3,604 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

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.