TripAdvisor Inc. (NASDAQ:TRIP) – Analysts at SunTrust Banks increased their Q4 2016 EPS estimates for TripAdvisor in a research note issued to investors on Wednesday. SunTrust Banks analyst R. Peck now anticipates that the firm will post earnings of $0.22 per share for the quarter, up from their prior forecast of $0.21. SunTrust Banks also issued estimates for TripAdvisor’s Q1 2017 earnings at $0.27 EPS, Q2 2017 earnings at $0.32 EPS and FY2017 earnings at $1.23 EPS.

TripAdvisor (NASDAQ:TRIP) last posted its quarterly earnings data on Tuesday, November 8th. The travel company reported $0.53 EPS for the quarter, meeting analysts’ consensus estimates of $0.53. TripAdvisor had a net margin of 8.08% and a return on equity of 12.67%. The company earned $421 million during the quarter, compared to analyst estimates of $436.31 million. During the same period in the prior year, the firm earned $0.53 earnings per share. The business’s quarterly revenue was up 1.4% on a year-over-year basis.

Earnings History and Estimates for TripAdvisor (NASDAQ:TRIP)

A number of other brokerages have also commented on TRIP. Oppenheimer Holdings Inc. reiterated a “” rating on shares of TripAdvisor in a research report on Friday, August 5th. Credit Suisse Group AG reiterated a “buy” rating and issued a $73.00 price objective on shares of TripAdvisor in a research report on Friday, August 5th. Jefferies Group lowered their price objective on TripAdvisor from $68.00 to $59.00 and set a “buy” rating for the company in a research report on Thursday. Barclays PLC reiterated an “equal weight” rating and issued a $57.00 price objective (down from $67.00) on shares of TripAdvisor in a research report on Friday. Finally, Pacific Crest reiterated a “hold” rating on shares of TripAdvisor in a research report on Friday, August 5th. Four investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $63.08.

Shares of TripAdvisor (NASDAQ:TRIP) opened at 51.01 on Monday. The stock has a market capitalization of $7.43 billion, a price-to-earnings ratio of 53.69 and a beta of 2.31. TripAdvisor has a 1-year low of $50.59 and a 1-year high of $87.50. The firm’s 50-day moving average is $62.28 and its 200-day moving average is $64.13.

In related news, Viator CEO Barrie Seidenberg sold 4,274 shares of the business’s stock in a transaction that occurred on Monday, September 26th. The stock was sold at an average price of $60.77, for a total transaction of $259,730.98. Following the transaction, the insider now directly owns 286 shares of the company’s stock, valued at approximately $17,380.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Dermot Halpin sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $61.77, for a total value of $617,700.00. Following the transaction, the insider now directly owns 10,900 shares in the company, valued at $673,293. The disclosure for this sale can be found here. Corporate insiders own 0.98% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of TRIP. Mizuho Asset Management Co. Ltd. raised its position in TripAdvisor by 125.9% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,875 shares of the travel company’s stock worth $121,000 after buying an additional 1,045 shares during the last quarter. Global X Management Co. LLC raised its position in shares of TripAdvisor by 60.3% in the third quarter. Global X Management Co. LLC now owns 1,899 shares of the travel company’s stock worth $120,000 after buying an additional 714 shares in the last quarter. MSI Financial Services Inc raised its position in shares of TripAdvisor by 0.3% in the third quarter. MSI Financial Services Inc now owns 2,387 shares of the travel company’s stock worth $151,000 after buying an additional 6 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of TripAdvisor by 3,544.4% in the second quarter. Tower Research Capital LLC TRC now owns 2,624 shares of the travel company’s stock worth $169,000 after buying an additional 2,552 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its position in shares of TripAdvisor by 33.3% in the first quarter. Canada Pension Plan Investment Board now owns 2,800 shares of the travel company’s stock worth $186,000 after buying an additional 700 shares in the last quarter. 87.95% of the stock is currently owned by institutional investors and hedge funds.

TripAdvisor Company Profile

TripAdvisor, Inc is an online travel company, which owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s flagship brand, is a travel Website. The Company operates in two segments. The Hotel segment’s services include making hotel room nights available for price comparison and booking, including instant booking feature, as well as subscription-based hotel products, such as Business Listings, and transaction-based hotel products, such as Jetsetter and Tingo.

5 Day Chart for NASDAQ:TRIP

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