Tripadvisor Inc (NASDAQ:TRIP) – Research analysts at SunTrust Banks issued their FY2022 earnings estimates for shares of Tripadvisor in a report released on Monday. SunTrust Banks analyst N. Khan anticipates that the travel company will post earnings of $2.85 per share for the year. SunTrust Banks has a “Hold” rating and a $44.00 price objective on the stock.

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

Other research analysts also recently issued reports about the company. Zacks Investment Research upgraded Tripadvisor from a “sell” rating to a “buy” rating and set a $39.00 target price for the company in a research report on Thursday, January 11th. Barclays lowered their price target on Tripadvisor from $45.00 to $35.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 8th. Royal Bank of Canada restated a “hold” rating and issued a $38.00 price target on shares of Tripadvisor in a research report on Friday, November 3rd. Stifel Nicolaus lowered their price target on Tripadvisor from $40.00 to $32.00 and set a “hold” rating for the company in a research report on Wednesday, November 8th. Finally, Deutsche Bank lowered their price target on Tripadvisor from $40.00 to $37.00 and set a “hold” rating for the company in a research report on Tuesday, October 24th. Eight analysts have rated the stock with a sell rating and eighteen have given a hold rating to the company’s stock. Tripadvisor presently has a consensus rating of “Hold” and an average target price of $39.42.

Tripadvisor (TRIP) traded down $1.00 during midday trading on Tuesday, hitting $40.05. The stock had a trading volume of 5,234,460 shares, compared to its average volume of 3,165,847. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 0.19. The company has a market cap of $5,671.78, a P/E ratio of 87.51, a P/E/G ratio of 4.71 and a beta of 2.22. Tripadvisor has a 52-week low of $29.50 and a 52-week high of $53.29.

In other news, CFO Ernst 02494 Teunissen sold 9,457 shares of Tripadvisor stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $40.00, for a total transaction of $378,280.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.09% of the stock is currently owned by company insiders.

Several large investors have recently added to or reduced their stakes in TRIP. Atlantic Trust Group LLC increased its stake in shares of Tripadvisor by 8.0% during the third quarter. Atlantic Trust Group LLC now owns 53,888 shares of the travel company’s stock valued at $2,184,000 after buying an additional 4,013 shares during the period. Sumitomo Mitsui Asset Management Company LTD increased its stake in shares of Tripadvisor by 12,501.8% during the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 1,377,381 shares of the travel company’s stock valued at $55,825,000 after buying an additional 1,366,451 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Tripadvisor by 66.2% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 13,443 shares of the travel company’s stock valued at $550,000 after buying an additional 5,356 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Tripadvisor during the third quarter valued at $927,000. Finally, Janus Henderson Group PLC increased its stake in shares of Tripadvisor by 121.8% during the second quarter. Janus Henderson Group PLC now owns 40,714 shares of the travel company’s stock valued at $1,555,000 after buying an additional 22,356 shares during the period. Institutional investors and hedge funds own 90.32% of the company’s stock.

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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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