Tripadvisor (NASDAQ:TRIP) Upgraded at StockNews.com

StockNews.com upgraded shares of Tripadvisor (NASDAQ:TRIP - Free Report) from a hold rating to a buy rating in a report released on Monday.

Several other analysts also recently commented on the company. B. Riley increased their target price on Tripadvisor from $19.00 to $20.00 and gave the company a "neutral" rating in a research note on Thursday, November 7th. Cantor Fitzgerald dropped their target price on Tripadvisor from $14.00 to $13.00 and set an "underweight" rating on the stock in a research report on Friday, February 21st. JPMorgan Chase & Co. boosted their price target on Tripadvisor from $14.00 to $15.00 and gave the company an "underweight" rating in a research note on Friday, February 21st. TD Cowen increased their price objective on shares of Tripadvisor from $15.00 to $20.00 and gave the stock a "hold" rating in a research note on Thursday, November 7th. Finally, UBS Group restated a "neutral" rating on shares of Tripadvisor in a research report on Tuesday, February 4th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $17.71.

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Tripadvisor Stock Up 2.4 %

Shares of NASDAQ TRIP traded up $0.35 during trading on Monday, reaching $14.80. The company had a trading volume of 2,430,824 shares, compared to its average volume of 2,659,249. The stock has a market cap of $2.06 billion, a PE ratio of 740.37, a P/E/G ratio of 9.01 and a beta of 1.34. The company has a quick ratio of 1.85, a current ratio of 2.10 and a debt-to-equity ratio of 0.93. Tripadvisor has a 12-month low of $12.93 and a 12-month high of $28.76. The business's 50-day moving average is $16.10 and its 200 day moving average is $15.02.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last issued its earnings results on Thursday, February 20th. The travel company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). The firm had revenue of $411.00 million during 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%. As a group, equities analysts forecast that Tripadvisor will post 0.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Tripadvisor

Institutional investors and hedge funds have recently bought and sold shares of the business. True Wealth Design LLC purchased a new stake in shares of Tripadvisor during the third quarter worth about $27,000. Capital Performance Advisors LLP purchased a new stake in Tripadvisor during the 3rd quarter valued at approximately $28,000. Bogart Wealth LLC purchased a new stake in Tripadvisor during the 4th quarter valued at approximately $30,000. Blue Trust Inc. raised its position in shares of Tripadvisor by 204.4% during the fourth quarter. Blue Trust Inc. now owns 2,298 shares of the travel company's stock valued at $33,000 after buying an additional 1,543 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd lifted its holdings in shares of Tripadvisor by 83.8% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company's stock worth $50,000 after buying an additional 1,557 shares in the last quarter. 98.99% of the stock is owned by institutional investors.

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.