TripAdvisor (NASDAQ:TRIP) Shares Down 4.7% – What’s Next?

TripAdvisor, Inc. (NASDAQ:TRIP)’s share price was down 4.7% during trading on Tuesday . The company traded as low as $10.05 and last traded at $10.1160. Approximately 1,064,517 shares were traded during trading, a decline of 68% from the average daily volume of 3,287,833 shares. The stock had previously closed at $10.61.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on TRIP shares. UBS Group lowered their target price on TripAdvisor from $19.00 to $16.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 3rd. Mizuho set a $17.00 target price on shares of TripAdvisor and gave the company a “neutral” rating in a research note on Friday, November 14th. Barclays reduced their target price on shares of TripAdvisor from $13.00 to $10.00 and set an “underweight” rating for the company in a research report on Friday, February 13th. Wedbush lowered their price target on shares of TripAdvisor from $15.00 to $12.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Finally, Wall Street Zen lowered TripAdvisor from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, TripAdvisor presently has an average rating of “Reduce” and a consensus target price of $14.96.

TripAdvisor Trading Down 3.1%

The company has a market cap of $1.13 billion, a P/E ratio of 32.77, a price-to-earnings-growth ratio of 1.81 and a beta of 0.97. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.33. The firm’s 50-day moving average price is $12.24 and its 200-day moving average price is $14.62.

TripAdvisor (NASDAQ:TRIP) last released its quarterly earnings data on Thursday, February 12th. The travel company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.11). TripAdvisor had a return on equity of 10.67% and a net margin of 2.12%.The business had revenue of $411.00 million during the quarter, compared to the consensus estimate of $412.53 million. During the same period last year, the business posted $0.30 earnings per share. The firm’s quarterly revenue was up .0% on a year-over-year basis. As a group, equities research analysts expect that TripAdvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

Institutional Trading of TripAdvisor

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Essex Investment Management Co. LLC boosted its stake in TripAdvisor by 75.7% in the 3rd quarter. Essex Investment Management Co. LLC now owns 1,523 shares of the travel company’s stock worth $25,000 after purchasing an additional 656 shares during the period. Covestor Ltd lifted its holdings in shares of TripAdvisor by 64.8% in the third quarter. Covestor Ltd now owns 1,770 shares of the travel company’s stock worth $29,000 after buying an additional 696 shares in the last quarter. UMB Bank n.a. boosted its position in shares of TripAdvisor by 295.2% in the fourth quarter. UMB Bank n.a. now owns 2,300 shares of the travel company’s stock valued at $33,000 after acquiring an additional 1,718 shares during the period. Kestra Advisory Services LLC purchased a new position in TripAdvisor during the fourth quarter valued at approximately $33,000. Finally, Smartleaf Asset Management LLC grew its stake in TripAdvisor by 39.7% during the third quarter. Smartleaf Asset Management LLC now owns 2,482 shares of the travel company’s stock valued at $42,000 after acquiring an additional 705 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors.

About TripAdvisor

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.