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

Shares of Tripadvisor, Inc. (NASDAQ:TRIP) have earned an average rating of “Reduce” from the fourteen analysts that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $17.71.

Several analysts have recently weighed in on TRIP shares. 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. DA Davidson reaffirmed a “neutral” rating and issued a $16.00 target price on shares of Tripadvisor in a report on Thursday. UBS Group reaffirmed a “neutral” rating on shares of Tripadvisor in a report on Tuesday, February 4th. Cantor Fitzgerald lowered their target price on shares of Tripadvisor from $14.00 to $13.00 and set an “underweight” rating on the stock in a report on Friday. Finally, B. Riley boosted their price objective on shares of Tripadvisor from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th.

Institutional Investors Weigh In On Tripadvisor

A number of institutional investors have recently bought and sold shares of TRIP. True Wealth Design LLC purchased a new stake in Tripadvisor in the third quarter valued at approximately $27,000. Capital Performance Advisors LLP purchased a new stake in Tripadvisor in the third quarter valued at approximately $28,000. Bogart Wealth LLC purchased a new stake in Tripadvisor in the fourth quarter valued at approximately $30,000. Blue Trust Inc. grew its holdings in Tripadvisor by 204.4% in the fourth quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock valued at $33,000 after purchasing an additional 1,543 shares during the period. Finally, Aster Capital Management DIFC Ltd grew its holdings in Tripadvisor by 83.8% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company’s stock valued at $50,000 after purchasing an additional 1,557 shares during the period. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Tripadvisor Trading Down 8.4 %

Shares of Tripadvisor stock opened at $15.11 on Monday. Tripadvisor has a 1 year low of $12.93 and a 1 year high of $28.76. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10. The company has a market capitalization of $2.11 billion, a P/E ratio of 755.88, a PEG ratio of 9.01 and a beta of 1.34. The company’s fifty day moving average is $15.98 and its two-hundred day moving average is $15.00.

Tripadvisor (NASDAQ:TRIP) last issued its earnings results on Thursday, February 20th. The travel company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.08). The firm had revenue of $411.00 million during the quarter, compared to analysts’ expectations of $400.02 million. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. Analysts forecast that Tripadvisor will post 0.46 earnings per share 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.