Wall Street brokerages forecast that TripAdvisor, Inc. (NASDAQ:TRIP) will post earnings per share (EPS) of ($0.15) for the current quarter, according to Zacks. Three analysts have provided estimates for TripAdvisor’s earnings. The lowest EPS estimate is ($0.33) and the highest is ($0.05). TripAdvisor posted earnings of $0.07 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 314.3%. The firm is expected to issue its next quarterly earnings results on Thursday, May 6th.

On average, analysts expect that TripAdvisor will report full-year earnings of $0.54 per share for the current year, with EPS estimates ranging from $0.23 to $0.79. For the next financial year, analysts expect that the business will post earnings of $1.44 per share, with EPS estimates ranging from $1.22 to $1.75. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for TripAdvisor.

TripAdvisor (NASDAQ:TRIP) last released its quarterly earnings results on Thursday, February 18th. The travel company reported ($0.41) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.42) by $0.01. TripAdvisor had a negative net margin of 24.54% and a negative return on equity of 15.76%.

A number of equities research analysts recently issued reports on the stock. Needham & Company LLC dropped their price target on shares of TripAdvisor from $26.00 to $25.00 and set a “buy” rating on the stock in a research note on Monday, November 9th. Wells Fargo & Company lifted their price objective on TripAdvisor from $32.00 to $47.00 and gave the stock an “equal weight” rating in a report on Tuesday. Truist increased their target price on TripAdvisor from $25.00 to $37.00 in a report on Thursday, January 21st. Zacks Investment Research lowered TripAdvisor from a “hold” rating to a “sell” rating and set a $28.00 price target on the stock. in a research note on Friday, January 29th. Finally, Sanford C. Bernstein initiated coverage on TripAdvisor in a research note on Monday, November 30th. They issued an “outperform” rating and a $35.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. TripAdvisor currently has a consensus rating of “Hold” and an average target price of $31.00.

Shares of TRIP stock traded up $0.48 during mid-day trading on Tuesday, hitting $45.19. 274,526 shares of the stock were exchanged, compared to its average volume of 2,947,933. TripAdvisor has a 52-week low of $13.73 and a 52-week high of $46.48. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.54. The company has a market cap of $6.08 billion, a PE ratio of -29.49 and a beta of 1.48. The firm has a fifty day moving average of $34.74 and a 200 day moving average of $26.16.

In other TripAdvisor news, SVP Seth J. Kalvert sold 18,975 shares of the stock in a transaction dated Monday, December 21st. The stock was sold at an average price of $25.69, for a total value of $487,467.75. Following the sale, the senior vice president now owns 34,098 shares of the company’s stock, valued at approximately $875,977.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Ernst 02494 Teunissen sold 32,722 shares of TripAdvisor stock in a transaction dated Friday, January 8th. The shares were sold at an average price of $34.00, for a total value of $1,112,548.00. Following the completion of the transaction, the chief financial officer now owns 23,603 shares of the company’s stock, valued at approximately $802,502. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 52,047 shares of company stock worth $1,610,040. 3.50% of the stock is owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in TRIP. Pacer Advisors Inc. acquired a new stake in TripAdvisor in the third quarter valued at approximately $477,000. Xponance Inc. purchased a new stake in shares of TripAdvisor in the 3rd quarter valued at approximately $198,000. Sciencast Management LP purchased a new stake in shares of TripAdvisor in the 3rd quarter valued at approximately $300,000. ARGA Investment Management LP acquired a new position in shares of TripAdvisor during the third quarter worth $507,000. Finally, YHB Investment Advisors Inc. increased its holdings in TripAdvisor by 72.5% in the third quarter. YHB Investment Advisors Inc. now owns 25,869 shares of the travel company’s stock valued at $507,000 after buying an additional 10,873 shares during the last quarter. Hedge funds and other institutional investors own 69.51% of the company’s stock.

About TripAdvisor

TripAdvisor, Inc operates as an online travel company. It operates in two segments, Hotels, Media & Platform; and Experiences & Dining. The company operates TripAdvisor-branded Websites, including tripadvisor.com in the United States; and localized versions of the Website in 48 markets and 28 languages.

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