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

Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) has been assigned a consensus recommendation of "Hold" from the fifteen research firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $18.33.

TRIP has been the topic of a number of research analyst reports. StockNews.com lowered shares of Tripadvisor from a "buy" rating to a "hold" rating in a report on Friday, November 8th. The Goldman Sachs Group dropped their price objective on shares of Tripadvisor from $27.00 to $24.00 and set a "buy" rating on the stock in a report on Thursday, August 8th. JPMorgan Chase & Co. dropped their price objective on shares of Tripadvisor from $17.00 to $14.00 and set an "underweight" rating on the stock in a report on Wednesday, August 7th. DA Davidson dropped their price objective on shares of Tripadvisor from $20.00 to $16.00 and set a "neutral" rating on the stock in a report on Monday, August 12th. Finally, Wedbush reissued 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.

Institutional Trading of Tripadvisor

A number of hedge funds have recently bought and sold shares of TRIP. Swiss National Bank raised its holdings in Tripadvisor by 0.6% in the 1st quarter. Swiss National Bank now owns 210,900 shares of the travel company's stock valued at $5,861,000 after acquiring an additional 1,200 shares during the last quarter. Sei Investments Co. raised its holdings in Tripadvisor by 4.6% in the 1st quarter. Sei Investments Co. now owns 207,614 shares of the travel company's stock valued at $5,770,000 after acquiring an additional 9,169 shares during the last quarter. State Board of Administration of Florida Retirement System raised its holdings in Tripadvisor by 1.7% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 112,820 shares of the travel company's stock valued at $3,135,000 after acquiring an additional 1,928 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its holdings in Tripadvisor by 5.3% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 32,423 shares of the travel company's stock valued at $898,000 after acquiring an additional 1,626 shares during the last quarter. Finally, Acadian Asset Management LLC grew its stake in shares of Tripadvisor by 589.5% in the 1st quarter. Acadian Asset Management LLC now owns 34,946 shares of the travel company's stock valued at $970,000 after buying an additional 29,878 shares during the period. Institutional investors and hedge funds own 98.99% of the company's stock.

Tripadvisor Stock Down 4.4 %

NASDAQ:TRIP traded down $0.64 during trading hours on Friday, reaching $13.94. The company's stock had a trading volume of 2,279,717 shares, compared to its average volume of 2,343,407. The company has a market capitalization of $1.93 billion, a P/E ratio of 60.61, a price-to-earnings-growth ratio of 10.06 and a beta of 1.37. Tripadvisor has a 12 month low of $12.93 and a 12 month high of $28.76. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a 50 day moving average price of $14.81 and a two-hundred day moving average price of $16.56.

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 analysts' consensus estimates of $0.44 by $0.06. The business had revenue of $532.00 million for the quarter, compared to the consensus estimate of $527.86 million. Tripadvisor had a return on equity of 10.37% and a net margin of 1.98%. The business's quarterly revenue was down .2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.35 earnings per share. Equities analysts predict that Tripadvisor will post 0.36 EPS for the current fiscal 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.