Tripadvisor (NASDAQ:TRIP - Get Free Report) announced its quarterly earnings results on Thursday. The travel company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.08), Zacks reports. The company had revenue of $411.00 million during the quarter, compared to the consensus estimate of $400.02 million. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%.
Tripadvisor Price Performance
NASDAQ TRIP traded down $0.09 during midday trading on Monday, hitting $15.02. The company had a trading volume of 3,306,831 shares, compared to its average volume of 2,655,740. The company has a current ratio of 2.10, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. Tripadvisor has a twelve month low of $12.93 and a twelve month high of $28.76. The company has a market capitalization of $2.09 billion, a PE ratio of 751.38, a P/E/G ratio of 9.01 and a beta of 1.34. The firm has a 50-day moving average price of $15.98 and a 200-day moving average price of $15.00.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on TRIP. UBS Group restated a "neutral" rating on shares of Tripadvisor in a report on Tuesday, February 4th. B. Riley lifted their price target on Tripadvisor from $19.00 to $20.00 and gave the company a "neutral" rating in a research note on Thursday, November 7th. StockNews.com cut Tripadvisor from a "buy" rating to a "hold" rating in a research report on Thursday, January 9th. TD Cowen raised their price target on shares of Tripadvisor from $15.00 to $20.00 and gave the stock a "hold" rating in a research note on Thursday, November 7th. Finally, 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 research report on Friday. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $17.71.
Check Out Our Latest Stock Analysis on Tripadvisor
About Tripadvisor
(
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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.
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