TripAdvisor Inc. (NASDAQ:TRIP)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Group in a research report issued on Monday. They presently have a $59.00 price objective on the travel company’s stock. Jefferies Group’s price objective would suggest a potential upside of 16.16% from the stock’s previous close.

Several other equities analysts have also commented on the company. Zacks Investment Research raised TripAdvisor from a “sell” rating to a “hold” rating in a research report on Monday, November 14th. Credit Suisse Group AG reissued an “outperform” rating and set a $65.00 price objective (down previously from $78.00) on shares of TripAdvisor in a research report on Friday, November 11th. Barclays PLC reissued an “equal weight” rating and set a $57.00 price objective (down previously from $67.00) on shares of TripAdvisor in a research report on Friday, November 11th. Deutsche Bank AG reissued a “hold” rating and set a $63.00 price objective on shares of TripAdvisor in a research report on Thursday, November 10th. Finally, RBC Capital Markets reaffirmed a “sector perform” rating and issued a $50.00 price target (down previously from $55.00) on shares of TripAdvisor in a research report on Thursday, November 10th. Three research analysts have rated the stock with a sell rating, twenty have given a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $63.08.

Analyst Recommendations for TripAdvisor (NASDAQ:TRIP)

TripAdvisor (NASDAQ:TRIP) opened at 50.79 on Monday. TripAdvisor has a 12 month low of $48.52 and a 12 month high of $87.50. The company has a market cap of $7.40 billion, a price-to-earnings ratio of 61.05 and a beta of 2.31. The firm’s 50-day moving average is $60.78 and its 200-day moving average is $63.74.

TripAdvisor (NASDAQ:TRIP) last announced its quarterly earnings data on Tuesday, November 8th. The travel company reported $0.53 EPS for the quarter, meeting the consensus estimate of $0.53. The business earned $421 million during the quarter, compared to analyst estimates of $436.31 million. TripAdvisor had a return on equity of 12.67% and a net margin of 8.08%. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.53 earnings per share. On average, analysts anticipate that TripAdvisor will post $1.54 EPS for the current fiscal year.

In other news, Viator CEO Barrie Seidenberg sold 4,274 shares of the company’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 sale, the insider now directly owns 286 shares of the company’s stock, valued at approximately $17,380.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Seth J. Kalvert sold 1,687 shares of the company’s stock in a transaction that occurred on Wednesday, September 21st. The stock was sold at an average price of $60.50, for a total value of $102,063.50. Following the sale, the senior vice president now directly owns 10,653 shares in the company, valued at $644,506.50. The disclosure for this sale can be found here. Insiders own 0.98% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Capstone Asset Management Co. boosted its stake in shares of TripAdvisor by 18.4% in the second quarter. Capstone Asset Management Co. now owns 18,165 shares of the travel company’s stock valued at $1,168,000 after buying an additional 2,822 shares during the period. Creative Planning boosted its stake in shares of TripAdvisor by 15.1% in the second quarter. Creative Planning now owns 12,539 shares of the travel company’s stock valued at $806,000 after buying an additional 1,649 shares during the period. DAVENPORT & Co LLC boosted its stake in shares of TripAdvisor by 60.9% in the second quarter. DAVENPORT & Co LLC now owns 382,325 shares of the travel company’s stock valued at $24,583,000 after buying an additional 144,767 shares during the period. Chevy Chase Trust Holdings Inc. boosted its stake in shares of TripAdvisor by 1.5% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 97,640 shares of the travel company’s stock valued at $6,278,000 after buying an additional 1,467 shares during the period. Finally, Exxonmobil Investment Management Inc. TX raised its stake in TripAdvisor by 6.7% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 29,586 shares of the travel company’s stock valued at $1,902,000 after buying an additional 1,849 shares during the last quarter. 89.10% 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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