Tripadvisor Inc (NASDAQ:TRIP) – Equities research analysts at Oppenheimer issued their Q1 2018 earnings per share estimates for shares of Tripadvisor in a research note issued on Sunday. Oppenheimer analyst J. Kelly anticipates that the travel company will post earnings of $0.05 per share for the quarter. Oppenheimer has a “Hold” rating on the stock. Oppenheimer also issued estimates for Tripadvisor’s Q2 2018 earnings at $0.23 EPS, Q4 2018 earnings at $0.08 EPS and FY2019 earnings at $0.81 EPS.

A number of other equities research analysts have also recently commented on TRIP. Jefferies Group cut shares of Tripadvisor from a “hold” rating to an “underperform” rating and decreased their target price for the company from $50.00 to $30.00 in a research report on Thursday, August 24th. ValuEngine raised shares of Tripadvisor from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Cowen reissued a “hold” rating and set a $42.00 target price on shares of Tripadvisor in a research report on Tuesday, September 12th. Raymond James Financial reissued a “market perform” rating on shares of Tripadvisor in a research report on Tuesday, September 26th. Finally, Citigroup reissued a “neutral” rating and set a $41.00 target price (up previously from $39.00) on shares of Tripadvisor in a research report on Tuesday, October 3rd. Seven research analysts have rated the stock with a sell rating and twenty have issued a hold rating to the stock. Tripadvisor currently has an average rating of “Hold” and an average price target of $39.44.

Tripadvisor (NASDAQ TRIP) traded down $0.69 during trading hours on Tuesday, reaching $34.77. 2,902,200 shares of the company were exchanged, compared to its average volume of 3,168,512. Tripadvisor has a 12 month low of $29.50 and a 12 month high of $53.58. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.47 and a quick ratio of 2.47. The stock has a market capitalization of $4,924.61, a PE ratio of 51.39, a price-to-earnings-growth ratio of 2.88 and a beta of 2.32.

Tripadvisor (NASDAQ:TRIP) last posted its earnings results on Monday, November 6th. The travel company reported $0.36 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.36. Tripadvisor had a net margin of 4.26% and a return on equity of 6.81%. The company had revenue of $439.00 million during the quarter, compared to analysts’ expectations of $451.27 million. During the same quarter in the prior year, the company posted $0.53 earnings per share. Tripadvisor’s revenue for the quarter was up 4.3% compared to the same quarter last year.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Parametric Portfolio Associates LLC raised its holdings in shares of Tripadvisor by 60.0% in the third quarter. Parametric Portfolio Associates LLC now owns 791,075 shares of the travel company’s stock worth $32,062,000 after buying an additional 296,586 shares during the last quarter. 683 Capital Management LLC purchased a new position in shares of Tripadvisor in the third quarter worth $12,159,000. RWC Asset Management LLP raised its holdings in shares of Tripadvisor by 17.9% in the third quarter. RWC Asset Management LLP now owns 48,068 shares of the travel company’s stock worth $1,948,000 after buying an additional 7,304 shares during the last quarter. California Public Employees Retirement System raised its holdings in shares of Tripadvisor by 3.8% in the third quarter. California Public Employees Retirement System now owns 214,521 shares of the travel company’s stock worth $8,695,000 after buying an additional 7,821 shares during the last quarter. Finally, Arbor Wealth Management LLC purchased a new position in shares of Tripadvisor in the third quarter worth $713,000. 88.73% of the stock is owned by institutional investors and hedge funds.

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About Tripadvisor

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.

Earnings History and Estimates for Tripadvisor (NASDAQ:TRIP)

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