Tripadvisor, Inc. (NASDAQ:TRIP) Given Average Recommendation of "Reduce" by Brokerages

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

A number of analysts recently weighed in on the stock. B. Riley raised their price target on shares of Tripadvisor from $19.00 to $20.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. UBS Group lowered their target price on Tripadvisor from $18.00 to $17.00 and set a "neutral" rating for the company in a research note on Thursday, November 7th. TD Cowen upped their price target on Tripadvisor from $15.00 to $20.00 and gave the company a "hold" rating in a research note on Thursday, November 7th. Cantor Fitzgerald decreased their price target on Tripadvisor from $12.00 to $11.00 and set an "underweight" rating on the stock in a report on Thursday, November 7th. Finally, Wedbush reissued a "neutral" rating and set a $17.00 price objective on shares of Tripadvisor in a report on Thursday, December 19th.

Tripadvisor Price Performance

Shares of TRIP stock remained flat at $14.99 during trading hours on Friday. The stock had a trading volume of 1,893,164 shares, compared to its average volume of 1,811,532. Tripadvisor has a 12 month low of $12.93 and a 12 month high of $28.76. The firm has a market cap of $2.09 billion, a PE ratio of 65.18, a price-to-earnings-growth ratio of 9.35 and a beta of 1.33. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. The company has a 50 day moving average price of $14.53 and a 200-day moving average price of $15.19.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The travel company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.06. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. The business had revenue of $532.00 million for the quarter, compared to the consensus estimate of $527.86 million. During the same quarter in the prior year, the company earned $0.35 EPS. The firm's quarterly revenue was down .2% on a year-over-year basis. Equities research analysts forecast that Tripadvisor will post 0.37 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Tripadvisor

Hedge funds and other institutional investors have recently made changes to their positions in the company. KBC Group NV increased its stake in Tripadvisor by 65.3% during the 3rd quarter. KBC Group NV now owns 4,499 shares of the travel company's stock worth $65,000 after purchasing an additional 1,777 shares in the last quarter. True Wealth Design LLC bought a new stake in shares of Tripadvisor during the third quarter worth $27,000. Capital Performance Advisors LLP acquired a new stake in shares of Tripadvisor during the third quarter worth $28,000. GAMMA Investing LLC raised its holdings in shares of Tripadvisor by 204.7% during the fourth quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company's stock worth $54,000 after acquiring an additional 2,469 shares during the period. Finally, Quest Partners LLC lifted its position in Tripadvisor by 14,244.4% in the 2nd quarter. Quest Partners LLC now owns 2,582 shares of the travel company's stock valued at $46,000 after acquiring an additional 2,564 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.