Tripadvisor (NASDAQ:TRIP) Announces Quarterly Earnings Results

Tripadvisor (NASDAQ:TRIP) released its earnings results on Thursday. The travel company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.08), Zacks reports. The firm had revenue of $411.00 million during the quarter, compared to analysts’ expectations of $400.02 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%.

Tripadvisor Price Performance

Shares of NASDAQ TRIP opened at $15.11 on Friday. Tripadvisor has a twelve month low of $12.93 and a twelve month high of $28.76. The company has a current ratio of 2.10, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 755.88, a PEG ratio of 9.01 and a beta of 1.34. The firm has a 50-day moving average of $15.98 and a two-hundred day moving average of $15.00.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. StockNews.com cut shares of Tripadvisor from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. TD Cowen lifted their target price on shares of Tripadvisor from $15.00 to $20.00 and gave the company a “hold” rating in a report on Thursday, November 7th. UBS Group reduced their target price on shares of Tripadvisor from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Wedbush restated a “neutral” rating and set a $17.00 target price on shares of Tripadvisor in a report on Thursday, December 19th. Finally, DA Davidson restated a “neutral” rating and set a $16.00 target price on shares of Tripadvisor in a report on Thursday. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Tripadvisor currently has a consensus rating of “Hold” and a consensus target price of $17.71.

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.