Tripadvisor, Inc. (NASDAQ:TRIP) Receives Average Rating of "Hold" from Analysts

Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) has earned a consensus rating of "Hold" from the fifteen research firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $18.33.

A number of equities research analysts have issued reports on TRIP shares. B. Riley increased their price objective on shares of Tripadvisor from $19.00 to $20.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. Citigroup cut their price objective on shares of Tripadvisor from $20.00 to $16.00 and set a "neutral" rating for the company in a report on Tuesday, September 24th. Wedbush reaffirmed a "neutral" rating and set a $17.00 price objective (up from $16.00) on shares of Tripadvisor in a report on Thursday, November 7th. StockNews.com raised shares of Tripadvisor from a "hold" rating to a "buy" rating in a report on Friday, December 6th. Finally, TD Cowen increased their price objective on shares of Tripadvisor from $15.00 to $20.00 and gave the company a "hold" rating in a report on Thursday, November 7th.

Tripadvisor Stock Performance

NASDAQ TRIP traded down $0.18 on Wednesday, reaching $13.80. 478,253 shares of the stock were exchanged, compared to its average volume of 2,286,069. Tripadvisor has a one year low of $12.93 and a one year high of $28.76. The firm has a market capitalization of $1.92 billion, a PE ratio of 60.79, a PEG ratio of 10.01 and a beta of 1.36. The company's 50-day simple moving average is $14.78 and its two-hundred day simple moving average is $15.69. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last released its earnings results on Wednesday, November 6th. The travel company reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.06. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. The company had revenue of $532.00 million for the quarter, compared to analysts' expectations of $527.86 million. During the same quarter last year, the business earned $0.35 EPS. The firm's revenue was down .2% compared to the same quarter last year. Analysts expect that Tripadvisor will post 0.36 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. True Wealth Design LLC acquired a new stake in shares of Tripadvisor during the third quarter valued at about $27,000. Capital Performance Advisors LLP purchased a new stake in Tripadvisor in the third quarter valued at approximately $28,000. Fifth Third Bancorp lifted its stake in Tripadvisor by 104.1% during the second quarter. Fifth Third Bancorp now owns 1,659 shares of the travel company's stock worth $30,000 after purchasing an additional 846 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new position in shares of Tripadvisor during the third quarter worth $43,000. Finally, Quest Partners LLC boosted its position in shares of Tripadvisor by 14,244.4% during the second quarter. Quest Partners LLC now owns 2,582 shares of the travel company's stock worth $46,000 after buying an additional 2,564 shares during the period. 98.99% of the stock is owned by hedge funds and other institutional investors.

About Tripadvisor

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.