TripAdvisor, Inc. (TRIP) – What Are Analysts Thinking About This Stock?

TripAdvisor, Inc. (NASDAQ:TRIP) has been assigned a consensus recommendation of “Reduce” from the fifteen analysts that are presently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $14.04.

Several research firms have recently weighed in on TRIP. Weiss Ratings reissued a “sell (d)” rating on shares of TripAdvisor in a report on Wednesday, August 12th. UBS Group lowered their target price on shares of TripAdvisor from $15.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. BTIG Research cut shares of TripAdvisor from a “buy” rating to a “neutral” rating in a report on Tuesday, July 21st. B. Riley Financial reduced their price target on shares of TripAdvisor from $13.00 to $12.50 and set a “neutral” rating for the company in a research report on Monday, August 10th. Finally, JPMorgan Chase & Co. decreased their price target on shares of TripAdvisor from $11.00 to $10.00 and set an “underweight” rating for the company in a research note on Friday, August 7th.

TripAdvisor Stock Performance

Shares of TripAdvisor stock traded down $0.26 on Friday, hitting $9.41. The stock had a trading volume of 2,554,010 shares, compared to its average volume of 3,071,896. TripAdvisor has a 52-week low of $8.02 and a 52-week high of $17.53. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.28. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 941.94, a P/E/G ratio of 3.89 and a beta of 0.86. The company’s 50 day moving average price is $9.16 and its 200 day moving average price is $11.05.

TripAdvisor (NASDAQ:TRIP) last released its quarterly earnings results on Thursday, August 6th. The travel company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). The firm had revenue of $385.30 million for the quarter, compared to analysts’ expectations of $506.27 million. TripAdvisor had a return on equity of 4.23% and a net margin of 0.28%. The company’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.46 EPS. On average, research analysts anticipate that TripAdvisor will post 0.34 EPS for the current year.

Insider Activity at TripAdvisor

In other news, CEO Almir Ambeskovic sold 8,000 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $9.45, for a total value of $75,600.00. Following the completion of the sale, the chief executive officer directly owned 30,456 shares of the company’s stock, valued at approximately $287,809.20. This represents a 20.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On TripAdvisor

Institutional investors have recently added to or reduced their stakes in the stock. Illinois Municipal Retirement Fund boosted its holdings in TripAdvisor by 2.0% in the 1st quarter. Illinois Municipal Retirement Fund now owns 61,011 shares of the travel company’s stock valued at $650,000 after purchasing an additional 1,216 shares in the last quarter. Sterling Capital Management LLC increased its position in TripAdvisor by 128.4% during the 3rd quarter. Sterling Capital Management LLC now owns 3,026 shares of the travel company’s stock worth $25,000 after purchasing an additional 1,701 shares during the period. Rockefeller Capital Management L.P. raised its stake in shares of TripAdvisor by 192.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,767 shares of the travel company’s stock worth $40,000 after buying an additional 1,821 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in TripAdvisor by 1.1% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 205,365 shares of the travel company’s stock worth $2,816,000 after acquiring an additional 2,221 shares during the period. Finally, Nykredit A S acquired a new position in TripAdvisor during the second quarter worth $32,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

TripAdvisor Company Profile

Tripadvisor, Inc (NASDAQ: TRIP) operates a global travel guidance and experiences platform. Its flagship Tripadvisor brand provides user-generated reviews, ratings, photos and travel information covering hotels, restaurants, attractions and destinations, helping travelers research and plan trips.

The company also operates Viator, an online marketplace for tours, activities and other travel experiences, and TheFork, a digital restaurant reservation platform serving diners and restaurants.