Tripadvisor (NASDAQ:TRIP - Get Free Report) released its 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. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The company had revenue of $411.00 million during the quarter, compared to analysts' expectations of $400.02 million.
Tripadvisor Price Performance
Shares of NASDAQ TRIP traded down $0.09 during midday trading on Monday, hitting $15.02. 3,306,831 shares of the company's stock were exchanged, 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. The business's fifty day moving average price is $15.98 and its two-hundred day moving average price is $15.00. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 751.38, a PEG ratio of 9.01 and a beta of 1.34. Tripadvisor has a 12-month low of $12.93 and a 12-month high of $28.76.
Wall Street Analyst Weigh In
TRIP has been the topic of several research analyst reports. DA Davidson reiterated a "neutral" rating and issued a $16.00 price objective on shares of Tripadvisor in a research note on Thursday. B. Riley upped their price target on Tripadvisor from $19.00 to $20.00 and gave the company a "neutral" rating in a research report on Thursday, November 7th. StockNews.com lowered Tripadvisor from a "buy" rating to a "hold" rating in a report on Thursday, January 9th. TD Cowen upped their price objective on shares of Tripadvisor from $15.00 to $20.00 and gave the company a "hold" rating in a report on Thursday, November 7th. Finally, Wedbush reiterated a "neutral" rating and set a $17.00 target price on shares of Tripadvisor in a research report on Thursday, December 19th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $17.71.
Read Our Latest Report on TRIP
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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