Tripadvisor (NASDAQ:TRIP) Price Target Raised to $15.00 at JPMorgan Chase & Co.

Tripadvisor (NASDAQ:TRIP - Free Report) had its price target raised by JPMorgan Chase & Co. from $14.00 to $15.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an underweight rating on the travel company's stock.

Several other research firms have also recently issued reports on TRIP. DA Davidson reissued a "neutral" rating and set a $16.00 target price on shares of Tripadvisor in a research note on Thursday, February 20th. Cantor Fitzgerald cut their price objective on Tripadvisor from $12.00 to $11.00 and set an "underweight" rating for the company in a research report on Thursday, November 7th. UBS Group decreased their target price on shares of Tripadvisor from $18.00 to $17.00 and set a "neutral" rating on the stock in a research report on Thursday, November 7th. B. Riley lifted their price target on shares of Tripadvisor from $19.00 to $20.00 and gave the company a "neutral" rating in a research report on Thursday, November 7th. Finally, StockNews.com lowered shares of Tripadvisor from a "buy" rating to a "hold" rating in a report on Thursday, January 9th. Three equities 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 stock. According to data from MarketBeat, Tripadvisor presently has a consensus rating of "Hold" and an average price target of $17.71.

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Tripadvisor Trading Down 0.3 %

Shares of NASDAQ TRIP traded down $0.05 during trading on Friday, hitting $14.97. 2,897,836 shares of the company were exchanged, compared to its average volume of 2,683,438. The company has a fifty day moving average price of $16.00 and a 200-day moving average price of $15.01. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10. The firm has a market capitalization of $2.09 billion, a PE ratio of 748.87, a P/E/G 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.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last posted its earnings results on Thursday, February 20th. The travel company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.08). The firm had revenue of $411.00 million during the quarter, compared to analyst estimates of $400.02 million. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. As a group, equities research analysts expect that Tripadvisor will post 0.46 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TRIP. CSS LLC IL acquired a new stake in Tripadvisor in the 4th quarter valued at about $379,000. Vident Advisory LLC increased its stake in shares of Tripadvisor by 22.9% during the fourth quarter. Vident Advisory LLC now owns 164,792 shares of the travel company's stock worth $2,434,000 after buying an additional 30,752 shares during the period. Point72 Asia Singapore Pte. Ltd. lifted its stake in Tripadvisor by 150,850.0% in the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,057 shares of the travel company's stock worth $134,000 after acquiring an additional 9,051 shares during the last quarter. Point72 Asset Management L.P. lifted its stake in Tripadvisor by 483.9% in the fourth quarter. Point72 Asset Management L.P. now owns 723,904 shares of the travel company's stock worth $10,692,000 after acquiring an additional 599,933 shares during the last quarter. Finally, Quantinno Capital Management LP grew its holdings in Tripadvisor by 177.4% during the 4th quarter. Quantinno Capital Management LP now owns 108,689 shares of the travel company's stock worth $1,605,000 after acquiring an additional 69,508 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.

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.