Tripadvisor (NASDAQ:TRIP) Sets New 12-Month Low - Time to Sell?

Shares of Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $12.17 and last traded at $12.19, with a volume of 3796 shares trading hands. The stock had previously closed at $12.98.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TRIP. UBS Group restated a "neutral" rating on shares of Tripadvisor in a report on Tuesday, February 4th. Cantor Fitzgerald cut their price objective on shares of Tripadvisor from $14.00 to $13.00 and set an "underweight" rating on the stock in a report on Friday, February 21st. DA Davidson reiterated a "neutral" rating and issued a $16.00 target price on shares of Tripadvisor in a report on Thursday, February 20th. B. Riley cut their price target on shares of Tripadvisor from $20.00 to $18.00 and set a "neutral" rating on the stock in a report on Monday, March 10th. Finally, StockNews.com upgraded shares of Tripadvisor from a "hold" rating to a "buy" rating in a research note on Monday, February 24th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $17.29.

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Tripadvisor Stock Performance

The business has a 50 day moving average of $15.14 and a 200-day moving average of $14.97. The company has a market capitalization of $1.64 billion, a P/E ratio of 593.60, a price-to-earnings-growth ratio of 9.01 and a beta of 1.25. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10.

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB bought a new stake in Tripadvisor during the fourth quarter valued at $295,000. Ieq Capital LLC raised its holdings in shares of Tripadvisor by 391.1% in the 4th quarter. Ieq Capital LLC now owns 63,680 shares of the travel company's stock valued at $941,000 after acquiring an additional 50,713 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Tripadvisor during the 4th quarter valued at about $308,000. ExodusPoint Capital Management LP bought a new position in shares of Tripadvisor in the fourth quarter worth approximately $5,170,000. Finally, Confluence Investment Management LLC raised its stake in Tripadvisor by 43.6% in the fourth quarter. Confluence Investment Management LLC now owns 233,858 shares of the travel company's stock valued at $3,454,000 after purchasing an additional 70,960 shares in the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

About Tripadvisor

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.