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

Tripadvisor, Inc. (NASDAQ:TRIP) has earned an average recommendation of “Reduce” from the fourteen brokerages that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $17.71.

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their price target on Tripadvisor from $14.00 to $15.00 and gave the company an “underweight” rating in a report on Friday, February 21st. UBS Group restated a “neutral” rating on shares of Tripadvisor in a research report on Tuesday, February 4th. DA Davidson restated a “neutral” rating and set a $16.00 price objective on shares of Tripadvisor in a research report on Thursday, February 20th. TD Cowen boosted their price objective on Tripadvisor from $15.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Finally, Wedbush restated a “neutral” rating and set a $17.00 price objective on shares of Tripadvisor in a research report on Thursday, December 19th.

Tripadvisor Price Performance

Shares of NASDAQ TRIP opened at $14.80 on Monday. 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 $2.06 billion, a price-to-earnings ratio of 740.37, a price-to-earnings-growth ratio of 9.01 and a beta of 1.34. The business has a 50 day simple moving average of $16.10 and a 200-day simple moving average of $15.02.

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TRIP. True Wealth Design LLC acquired a new stake in shares of Tripadvisor in the third quarter valued at $27,000. Capital Performance Advisors LLP acquired a new stake in shares of Tripadvisor in the third quarter valued at $28,000. Bogart Wealth LLC acquired a new stake in shares of Tripadvisor in the fourth quarter valued at $30,000. Blue Trust Inc. lifted its holdings in shares of 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 buying an additional 1,543 shares during the period. Finally, Aster Capital Management DIFC Ltd lifted its holdings in shares of 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 buying an additional 1,557 shares during the period. Institutional investors and hedge funds 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.