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

Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) has received an average recommendation of "Reduce" from the fourteen research firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $17.50.

A number of research firms have recently issued reports on TRIP. UBS Group dropped their target price on shares of Tripadvisor from $18.00 to $17.00 and set a "neutral" rating for the company in a report on Thursday, November 7th. DA Davidson reiterated a "neutral" rating and issued a $16.00 price objective on shares of Tripadvisor in a report on Thursday, December 19th. TD Cowen raised their target price 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. B. Riley increased their price target on Tripadvisor from $19.00 to $20.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. Finally, Cantor Fitzgerald lowered their price objective on Tripadvisor from $12.00 to $11.00 and set an "underweight" rating on the stock in a research note on Thursday, November 7th.

Tripadvisor Price Performance

NASDAQ TRIP traded down $0.11 during trading hours on Thursday, reaching $17.64. The company's stock had a trading volume of 570,429 shares, compared to its average volume of 2,629,668. The firm has a market capitalization of $2.46 billion, a price-to-earnings ratio of 76.59, a P/E/G ratio of 8.59 and a beta of 1.33. The company's 50-day moving average is $14.81 and its two-hundred day moving average is $14.99. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.85 and a quick ratio of 1.85. Tripadvisor has a 1-year low of $12.93 and a 1-year high of $28.76.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last announced its earnings results on Wednesday, November 6th. The travel company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.06. The firm had revenue of $532.00 million for the quarter, compared to analyst estimates of $527.86 million. Tripadvisor had a return on equity of 10.37% and a net margin of 1.98%. The business's revenue was down .2% on a year-over-year basis. During the same quarter last year, the firm posted $0.35 EPS. On average, equities analysts predict that Tripadvisor will post 0.36 EPS for the current year.

Institutional Investors Weigh In On Tripadvisor

A number of large investors have recently modified their holdings of TRIP. Ashburton Jersey Ltd purchased a new position in shares of Tripadvisor during the second quarter worth about $750,000. SG Americas Securities LLC increased its position in Tripadvisor by 294.8% during the third quarter. SG Americas Securities LLC now owns 94,768 shares of the travel company's stock worth $1,373,000 after buying an additional 70,764 shares during the period. Quent Capital LLC lifted its stake in Tripadvisor by 88.7% in the third quarter. Quent Capital LLC now owns 10,423 shares of the travel company's stock valued at $151,000 after buying an additional 4,899 shares during the last quarter. Handelsbanken Fonder AB boosted its holdings in shares of Tripadvisor by 60.3% in the third quarter. Handelsbanken Fonder AB now owns 31,900 shares of the travel company's stock valued at $462,000 after acquiring an additional 12,000 shares during the period. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of Tripadvisor during the third quarter worth approximately $43,000. 98.99% of the stock is owned by hedge funds and other 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.