TripAdvisor (TRIP) Getting Somewhat Favorable News Coverage, Accern Reports
Media coverage about TripAdvisor (NASDAQ:TRIP) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TripAdvisor earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the travel company an impact score of 46.0048595344157 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern’s analysis:
- Najarian Brothers See Unusual Options Activity In Tripadvisor And Gilead (benzinga.com)
- GreenTree Inn Hotels Awarded Certificate of Excellence by TripAdvisor (broadwayworld.com)
- Tripadvisor Reaches Analyst Target Price (nasdaq.com)
- The Hot Stock: TripAdvisor Jumps 4.2% (finance.yahoo.com)
- TripAdvisor's Most Attractive Business Isn't Hotels (finance.yahoo.com)
TripAdvisor (NASDAQ:TRIP) traded down 1.64% on Friday, reaching $45.06. 2,409,288 shares of the company traded hands. TripAdvisor has a 12 month low of $35.34 and a 12 month high of $66.13. The company has a 50-day moving average price of $40.69 and a 200-day moving average price of $41.16. The company has a market capitalization of $6.25 billion, a P/E ratio of 68.17 and a beta of 2.37.
TripAdvisor (NASDAQ:TRIP) last issued its quarterly earnings data on Tuesday, August 8th. The travel company reported $0.25 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.05. The firm had revenue of $424 million during the quarter, compared to the consensus estimate of $421.66 million. TripAdvisor had a net margin of 6.26% and a return on equity of 8.62%. The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 earnings per share. Equities research analysts expect that TripAdvisor will post $1.15 EPS for the current year.
TRIP has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of TripAdvisor from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. Credit Suisse Group downgraded shares of TripAdvisor from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $40.00 to $34.00 in a research note on Monday, June 19th. Hilliard Lyons upgraded shares of TripAdvisor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $45.00 to $65.00 in a research note on Friday, May 12th. Cowen and Company upgraded shares of TripAdvisor from an “underperform” rating to a “market perform” rating and set a $35.00 target price for the company in a research note on Wednesday, July 19th. Finally, Bank of America Corporation reiterated an “underperform” rating and set a $35.00 target price on shares of TripAdvisor in a research note on Sunday, May 28th. Nine equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $43.44.
In related news, insider Dermot Halpin sold 12,859 shares of TripAdvisor stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $39.09, for a total value of $502,658.31. Following the sale, the insider now directly owns 5,364 shares in the company, valued at approximately $209,678.76. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.98% of the company’s stock.
TripAdvisor Company Profile
TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.
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