Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) has earned a consensus recommendation of "Reduce" from the fourteen analysts that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $17.71.
Several equities research analysts have recently weighed in on TRIP shares. UBS Group reiterated a "neutral" rating on shares of Tripadvisor in a research report on Tuesday, February 4th. B. Riley upped their target price on Tripadvisor from $19.00 to $20.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Wedbush reissued a "neutral" rating and set a $17.00 price objective on shares of Tripadvisor in a research note on Thursday, December 19th. TD Cowen increased their price objective on Tripadvisor from $15.00 to $20.00 and gave the company a "hold" rating in a research note on Thursday, November 7th. Finally, Cantor Fitzgerald decreased their target price on Tripadvisor from $14.00 to $13.00 and set an "underweight" rating for the company in a report on Friday, February 21st.
Check Out Our Latest Stock Analysis on Tripadvisor
Institutional Investors Weigh In On Tripadvisor
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Assenagon Asset Management S.A. boosted its position in shares of Tripadvisor by 4.9% during the third quarter. Assenagon Asset Management S.A. now owns 772,592 shares of the travel company's stock worth $11,195,000 after buying an additional 35,967 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in Tripadvisor in the third quarter valued at $207,000. Autumn Glory Partners LLC raised its stake in Tripadvisor by 100.0% in the third quarter. Autumn Glory Partners LLC now owns 39,070 shares of the travel company's stock valued at $566,000 after buying an additional 19,535 shares in the last quarter. Pallas Capital Advisors LLC acquired a new stake in shares of Tripadvisor during the third quarter worth about $247,000. Finally, River Road Asset Management LLC increased its position in shares of Tripadvisor by 33.3% during the third quarter. River Road Asset Management LLC now owns 3,670,063 shares of the travel company's stock worth $53,179,000 after purchasing an additional 917,689 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company's stock.
Tripadvisor Stock Down 3.1 %
Shares of Tripadvisor stock traded down $0.46 during trading on Monday, reaching $14.45. 2,626,764 shares of the company traded hands, compared to its average volume of 2,665,257. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.10 and a quick ratio of 1.85. Tripadvisor has a 1-year low of $12.93 and a 1-year high of $28.76. The company has a 50 day moving average price of $16.07 and a 200-day moving average price of $15.01. The firm has a market capitalization of $2.01 billion, a PE ratio of 722.86, a P/E/G ratio of 9.01 and a beta of 1.34.
Tripadvisor (NASDAQ:TRIP - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The travel company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.08). The company had revenue of $411.00 million during the quarter, compared to analysts' expectations of $400.02 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. As a group, equities research analysts expect that Tripadvisor will post 0.46 earnings per share for the current fiscal year.
About Tripadvisor
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Get Free ReportTripAdvisor, 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.
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