Tripadvisor (TRIP) Set to Announce Earnings on Wednesday

Tripadvisor (NASDAQ:TRIP - Get Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The travel company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.02. Tripadvisor had a return on equity of 11.81% and a net margin of 1.32%. The company had revenue of $497.00 million for the quarter, compared to analyst estimates of $504.76 million. During the same quarter last year, the firm posted $0.21 EPS. The firm's revenue for the quarter was up .6% on a year-over-year basis. On average, analysts expect Tripadvisor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Tripadvisor Price Performance

Shares of Tripadvisor stock traded up $0.18 during trading hours on Wednesday, reaching $16.22. 184,766 shares of the company's stock were exchanged, compared to its average volume of 2,305,378. The business has a fifty day moving average of $14.49 and a two-hundred day moving average of $17.38. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $2.25 billion, a P/E ratio of 106.93, a price-to-earnings-growth ratio of 10.05 and a beta of 1.39. Tripadvisor has a 1 year low of $12.93 and a 1 year high of $28.76.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TRIP. Cantor Fitzgerald reiterated an "underweight" rating and set a $12.00 price target on shares of Tripadvisor in a report on Monday, October 7th. TD Cowen dropped their target price on shares of Tripadvisor from $25.00 to $15.00 and set a "hold" rating for the company in a report on Thursday, August 22nd. UBS Group dropped their target price on Tripadvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Wednesday, August 7th. The Goldman Sachs Group cut their target price on shares of Tripadvisor from $27.00 to $24.00 and set a "buy" rating on the stock in a research note on Thursday, August 8th. Finally, Truist Financial reduced their price objective on Tripadvisor from $21.00 to $17.00 and set a "hold" rating on the stock in a research note on Wednesday, September 4th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Tripadvisor presently has an average rating of "Hold" and an average target price of $18.33.

Tripadvisor Company Profile

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.