Tripadvisor (NASDAQ:TRIP) Stock Price Down 3.3% - Time to Sell?

Shares of Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) fell 3.3% during mid-day trading on Friday . The company traded as low as $13.32 and last traded at $13.43. 931,517 shares were traded during trading, a decline of 60% from the average session volume of 2,300,254 shares. The stock had previously closed at $13.89.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TRIP. Cantor Fitzgerald decreased their price target on Tripadvisor from $12.00 to $11.00 and set an "underweight" rating on the stock in a research note on Thursday, November 7th. B. Riley boosted their target price on shares of Tripadvisor from $19.00 to $20.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Truist Financial lowered their price target on shares of Tripadvisor from $21.00 to $17.00 and set a "hold" rating on the stock in a research note on Wednesday, September 4th. DA Davidson reiterated a "neutral" rating and issued a $16.00 price objective on shares of Tripadvisor in a research note on Thursday. Finally, TD Cowen upped their target price on shares of Tripadvisor from $15.00 to $20.00 and gave the stock a "hold" rating in a research report on Thursday, November 7th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Tripadvisor currently has a consensus rating of "Hold" and a consensus target price of $18.33.

Tripadvisor Price Performance

The company's 50 day simple moving average is $14.66 and its 200 day simple moving average is $15.51. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $1.92 billion, a PE ratio of 59.96, a PEG ratio of 9.35 and a beta of 1.36.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The travel company reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.06. Tripadvisor had a return on equity of 10.37% and a net margin of 1.98%. The business had revenue of $532.00 million during the quarter, compared to the consensus estimate of $527.86 million. During the same quarter in the previous year, the business earned $0.35 earnings per share. The business's revenue for the quarter was down .2% on a year-over-year basis. On average, equities analysts anticipate that Tripadvisor, Inc. will post 0.37 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. True Wealth Design LLC acquired a new position in Tripadvisor during the third quarter worth approximately $27,000. Capital Performance Advisors LLP purchased a new stake in shares of Tripadvisor during the 3rd quarter valued at $28,000. Fifth Third Bancorp increased its holdings in shares of Tripadvisor by 104.1% during the 2nd quarter. Fifth Third Bancorp now owns 1,659 shares of the travel company's stock worth $30,000 after buying an additional 846 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new position in shares of Tripadvisor in the 3rd quarter worth $43,000. Finally, Quest Partners LLC boosted its holdings in Tripadvisor by 14,244.4% in the second quarter. Quest Partners LLC now owns 2,582 shares of the travel company's stock valued at $46,000 after acquiring an additional 2,564 shares during the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

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.