Tripadvisor, Inc. (NASDAQ:TRIP) Receives Consensus Rating of “Reduce” from Analysts

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

Several research firms have recently issued reports on TRIP. Wedbush reissued a “neutral” rating and issued a $17.00 price objective on shares of Tripadvisor in a research report on Thursday, December 19th. Citigroup cut their price objective on Tripadvisor from $20.00 to $16.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 24th. Cantor Fitzgerald decreased their target price on Tripadvisor from $12.00 to $11.00 and set an “underweight” rating for the company in a research report on Thursday, November 7th. TD Cowen raised their target price on Tripadvisor from $15.00 to $20.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Finally, DA Davidson restated a “neutral” rating and issued a $16.00 price target on shares of Tripadvisor in a report on Thursday, December 19th.

Institutional Trading of Tripadvisor

Hedge funds and other institutional investors have recently bought and sold shares of the company. KBC Group NV grew its position in shares of Tripadvisor by 65.3% in the 3rd quarter. KBC Group NV now owns 4,499 shares of the travel company’s stock worth $65,000 after acquiring an additional 1,777 shares in the last quarter. True Wealth Design LLC acquired a new position in Tripadvisor in the third quarter worth $27,000. Capital Performance Advisors LLP bought a new stake in Tripadvisor during the third quarter valued at $28,000. GAMMA Investing LLC raised its holdings 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 worth $54,000 after purchasing an additional 2,469 shares during the period. Finally, Quest Partners LLC lifted its position in shares of Tripadvisor by 14,244.4% in the 2nd quarter. Quest Partners LLC now owns 2,582 shares of the travel company’s stock worth $46,000 after buying an additional 2,564 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Tripadvisor Trading Down 1.8 %

TRIP stock opened at $15.08 on Friday. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.93. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 65.57, a PEG ratio of 9.35 and a beta of 1.33. The business has a fifty day simple moving average of $14.47 and a 200-day simple moving average of $15.15. Tripadvisor has a 52 week low of $12.93 and a 52 week high of $28.76.

Tripadvisor (NASDAQ:TRIP) last released its quarterly earnings data on Wednesday, November 6th. The travel company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $532.00 million for the quarter, compared to the consensus estimate of $527.86 million. Tripadvisor had a return on equity of 10.37% and a net margin of 1.98%. The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the business posted $0.35 EPS. On average, equities research analysts expect that Tripadvisor will post 0.37 EPS for the current year.

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.