Polymer Capital Management US LLC bought a new position in shares of Tripadvisor, Inc. (NASDAQ:TRIP - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 27,215 shares of the travel company's stock, valued at approximately $402,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in TRIP. MassMutual Private Wealth & Trust FSB purchased a new stake in Tripadvisor during the 4th quarter valued at approximately $295,000. ExodusPoint Capital Management LP purchased a new position in Tripadvisor during the fourth quarter valued at $5,170,000. Ieq Capital LLC increased its holdings in Tripadvisor by 391.1% in the 4th quarter. Ieq Capital LLC now owns 63,680 shares of the travel company's stock valued at $941,000 after acquiring an additional 50,713 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in Tripadvisor in the 4th quarter worth $308,000. Finally, Confluence Investment Management LLC boosted its holdings in shares of Tripadvisor by 43.6% during the 4th quarter. Confluence Investment Management LLC now owns 233,858 shares of the travel company's stock valued at $3,454,000 after purchasing an additional 70,960 shares during the last quarter. Institutional investors own 98.99% of the company's stock.
Tripadvisor Trading Up 1.6 %
TRIP stock traded up $0.18 during mid-day trading on Friday, reaching $11.62. The company had a trading volume of 2,968,309 shares, compared to its average volume of 2,461,743. The firm has a 50 day moving average of $14.71 and a 200 day moving average of $14.90. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.10 and a quick ratio of 1.85. Tripadvisor, Inc. has a 12 month low of $10.43 and a 12 month high of $27.63. The company has a market capitalization of $1.63 billion, a PE ratio of 581.29, a price-to-earnings-growth ratio of 9.01 and a beta of 1.25.
Tripadvisor (NASDAQ:TRIP - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The travel company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.08). The firm had revenue of $411.00 million for the quarter, compared to the consensus estimate of $400.02 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. On average, equities analysts predict that Tripadvisor, Inc. will post 0.46 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on TRIP shares. UBS Group reiterated a "neutral" rating on shares of Tripadvisor in a research report on Tuesday, February 4th. B. Riley lowered their target price on Tripadvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Monday, March 10th. JPMorgan Chase & Co. reduced their target price on shares of Tripadvisor from $15.00 to $11.00 and set an "underweight" rating on the stock in a report on Tuesday, April 8th. Wedbush reaffirmed a "neutral" rating and issued a $17.00 price target on shares of Tripadvisor in a report on Thursday, December 19th. Finally, StockNews.com raised Tripadvisor from a "hold" rating to a "buy" rating in a research note on Monday, February 24th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $17.29.
Check Out Our Latest Stock Analysis on Tripadvisor
Tripadvisor Profile
(
Free Report)
TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.
Read More
Before you consider Tripadvisor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tripadvisor wasn't on the list.
While Tripadvisor currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
