Tripadvisor, Inc. (NASDAQ:TRIP) Receives Consensus Rating of "Reduce" from Brokerages

Shares of Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) have been given a consensus rating of "Reduce" by the fourteen ratings firms that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $17.57.

A number of analysts have recently commented on TRIP shares. UBS Group restated a "neutral" rating on shares of Tripadvisor in a report on Tuesday, February 4th. Cantor Fitzgerald dropped their price target on Tripadvisor from $14.00 to $13.00 and set an "underweight" rating for the company in a research note on Friday, February 21st. B. Riley reduced their price objective on Tripadvisor from $20.00 to $18.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. Wedbush reissued a "neutral" rating and set a $17.00 target price on shares of Tripadvisor in a research report on Thursday, December 19th. Finally, DA Davidson restated a "neutral" rating and set a $16.00 price objective on shares of Tripadvisor in a research note on Thursday, February 20th.

Institutional Investors Weigh In On Tripadvisor

Several hedge funds and other institutional investors have recently modified their holdings of TRIP. True Wealth Design LLC acquired a new position in Tripadvisor in the third quarter worth about $27,000. Bogart Wealth LLC bought a new position in Tripadvisor during the 4th quarter worth approximately $30,000. Blue Trust Inc. grew its position in shares of Tripadvisor by 204.4% in the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company's stock worth $33,000 after acquiring an additional 1,543 shares in the last quarter. Aster Capital Management DIFC Ltd increased its holdings in shares of Tripadvisor by 83.8% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company's stock valued at $50,000 after acquiring an additional 1,557 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Tripadvisor by 204.7% during the 4th quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company's stock valued at $54,000 after acquiring an additional 2,469 shares in the last quarter. Institutional investors own 98.99% of the company's stock.

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Tripadvisor Trading Up 0.8 %

NASDAQ:TRIP traded up $0.12 during mid-day trading on Friday, reaching $15.01. The company's stock had a trading volume of 2,652,014 shares, compared to its average volume of 2,324,198. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.10 and a quick ratio of 1.85. The stock has a market cap of $2.11 billion, a P/E ratio of 750.88, a P/E/G ratio of 9.01 and a beta of 1.35. The company's fifty day simple moving average is $15.91 and its two-hundred day simple moving average is $15.02. Tripadvisor has a twelve month low of $12.93 and a twelve month high of $28.64.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last released its 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). Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The company had revenue of $411.00 million during the quarter, compared to analysts' expectations of $400.02 million. On average, equities analysts predict that Tripadvisor will post 0.46 EPS for the current year.

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.