TripAdvisor, Inc. (NASDAQ:TRIP) Given Average Rating of “Reduce” by Analysts

Shares of TripAdvisor, Inc. (NASDAQ:TRIP) have received a consensus rating of “Reduce” from the sixteen analysts that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $14.9643.

A number of research analysts have weighed in on TRIP shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of TripAdvisor in a report on Monday, December 29th. The Goldman Sachs Group lowered their target price on TripAdvisor from $25.00 to $22.00 and set a “buy” rating for the company in a research note on Tuesday, February 17th. B. Riley Financial dropped their price target on TripAdvisor from $18.00 to $13.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Cantor Fitzgerald set a $10.00 price objective on TripAdvisor and gave the stock an “underweight” rating in a report on Friday, February 13th. Finally, Zacks Research lowered TripAdvisor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 18th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Headwater Capital Co Ltd purchased a new position in shares of TripAdvisor during the third quarter valued at approximately $14,959,000. Bank of New York Mellon Corp grew its stake in shares of TripAdvisor by 7.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 799,569 shares of the travel company’s stock worth $10,434,000 after buying an additional 54,954 shares during the last quarter. Y Intercept Hong Kong Ltd increased its position in TripAdvisor by 136.4% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 49,188 shares of the travel company’s stock valued at $642,000 after buying an additional 28,377 shares in the last quarter. Greenland Capital Management LP increased its position in TripAdvisor by 176.4% during the 2nd quarter. Greenland Capital Management LP now owns 294,151 shares of the travel company’s stock valued at $3,839,000 after buying an additional 187,734 shares in the last quarter. Finally, Texas Permanent School Fund Corp raised its stake in TripAdvisor by 472.4% during the second quarter. Texas Permanent School Fund Corp now owns 366,638 shares of the travel company’s stock valued at $4,785,000 after buying an additional 302,587 shares during the last quarter. 98.99% of the stock is owned by hedge funds and other institutional investors.

TripAdvisor Trading Down 4.4%

NASDAQ:TRIP opened at $10.14 on Friday. The company has a 50-day moving average price of $12.33 and a 200-day moving average price of $14.66. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 33.80, a P/E/G ratio of 1.89 and a beta of 0.97. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.33. TripAdvisor has a 12 month low of $9.46 and a 12 month high of $20.16.

TripAdvisor (NASDAQ:TRIP) last announced its quarterly earnings results on Thursday, February 12th. The travel company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.11). TripAdvisor had a net margin of 2.12% and a return on equity of 10.67%. The company had revenue of $411.00 million for the quarter, compared to analysts’ expectations of $412.53 million. During the same quarter in the prior year, the firm earned $0.30 EPS. TripAdvisor’s quarterly revenue was up .0% compared to the same quarter last year. Equities analysts predict that TripAdvisor will post 0.46 EPS for the current year.

TripAdvisor Company Profile

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.