TripAdvisor, Inc. (NASDAQ:TRIP) Receives $14.26 Consensus PT from Analysts

Shares of TripAdvisor, Inc. (NASDAQ:TRIP – Get Free Report) have earned an average recommendation of “Reduce” from the sixteen analysts that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $14.2643.

Several equities research analysts recently issued reports on TRIP shares. Cantor Fitzgerald set a $10.00 target price on shares of TripAdvisor and gave the company an “underweight” rating in a research note on Friday, February 13th. BTIG Research reiterated a “buy” rating and issued a $15.00 target price on shares of TripAdvisor in a research note on Thursday, May 7th. B. Riley Financial cut their target price on shares of TripAdvisor from $18.00 to $13.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Wall Street Zen downgraded shares of TripAdvisor from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, Barclays cut their target price on shares of TripAdvisor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Monday, May 11th.

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Institutional Investors Weigh In On TripAdvisor

Several hedge funds have recently bought and sold shares of the stock. Essex Investment Management Co. LLC lifted its position in TripAdvisor by 75.7% during the third quarter. Essex Investment Management Co. LLC now owns 1,523 shares of the travel company’s stock worth $25,000 after acquiring an additional 656 shares during the last quarter. Covestor Ltd increased its holdings in shares of TripAdvisor by 64.8% during the third quarter. Covestor Ltd now owns 1,770 shares of the travel company’s stock worth $29,000 after purchasing an additional 696 shares during the period. Smartleaf Asset Management LLC raised its position in shares of TripAdvisor by 39.7% in the third quarter. Smartleaf Asset Management LLC now owns 2,482 shares of the travel company’s stock valued at $42,000 after buying an additional 705 shares in the last quarter. Essex Financial Services Inc. raised its position in shares of TripAdvisor by 4.5% in the fourth quarter. Essex Financial Services Inc. now owns 17,864 shares of the travel company’s stock valued at $260,000 after buying an additional 776 shares in the last quarter. Finally, Illinois Municipal Retirement Fund raised its position in shares of TripAdvisor by 1.3% in the third quarter. Illinois Municipal Retirement Fund now owns 60,279 shares of the travel company’s stock valued at $980,000 after buying an additional 779 shares in the last quarter. 98.99% of the stock is currently owned by institutional investors and hedge funds.

TripAdvisor Stock Performance

Shares of NASDAQ:TRIP opened at $10.08 on Wednesday. TripAdvisor has a 52-week low of $9.01 and a 52-week high of $20.16. The company has a market capitalization of $1.17 billion, a P/E ratio of 100.81, a price-to-earnings-growth ratio of 1.88 and a beta of 0.91. The company has a 50-day simple moving average of $10.41 and a 200 day simple moving average of $12.35. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.25 and a current ratio of 1.25.

TripAdvisor (NASDAQ:TRIP – Get Free Report) last issued its earnings results on Thursday, May 7th. The travel company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.08). TripAdvisor had a net margin of 0.99% and a return on equity of 5.73%. The firm had revenue of $382.40 million during the quarter, compared to analyst estimates of $384.69 million. During the same quarter last year, the business posted $0.14 earnings per share. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. Sell-side analysts forecast that TripAdvisor will post 0.73 earnings per share for the current year.

About TripAdvisor

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TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.

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