Tripadvisor, Inc. (NASDAQ:TRIP) Receives Average Rating of “Hold” from Analysts

Shares of Tripadvisor, Inc. (NASDAQ:TRIP) have earned a consensus rating of “Hold” from the eighteen ratings firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $21.76.

A number of equities research analysts have recently weighed in on the company. UBS Group dropped their target price on Tripadvisor from $27.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, May 9th. Truist Financial dropped their target price on Tripadvisor from $28.00 to $21.00 and set a “hold” rating for the company in a research report on Thursday, May 30th. BMO Capital Markets decreased their price objective on Tripadvisor from $23.00 to $20.00 and set a “market perform” rating for the company in a research note on Thursday, May 9th. Wedbush reaffirmed a “neutral” rating and set a $21.00 price objective on shares of Tripadvisor in a research note on Friday, May 24th. Finally, Citigroup lifted their price objective on Tripadvisor from $23.00 to $28.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 17th.

Tripadvisor Trading Down 0.2 %

TRIP stock opened at $17.58 on Wednesday. The company has a market cap of $2.45 billion, a P/E ratio of 117.21, a PEG ratio of 1.58 and a beta of 1.44. Tripadvisor has a twelve month low of $14.15 and a twelve month high of $28.76. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.08. The business has a fifty day moving average of $20.54 and a 200-day moving average of $22.76.

Tripadvisor (NASDAQ:TRIP) last released its earnings results on Wednesday, May 8th. The travel company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.08. The company had revenue of $395.00 million during the quarter, compared to the consensus estimate of $390.93 million. Tripadvisor had a return on equity of 12.03% and a net margin of 1.32%. As a group, equities research analysts expect that Tripadvisor will post 0.62 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TRIP. DekaBank Deutsche Girozentrale acquired a new position in shares of Tripadvisor during the third quarter worth about $34,000. International Assets Investment Management LLC boosted its position in shares of Tripadvisor by 2,053.0% during the fourth quarter. International Assets Investment Management LLC now owns 2,153 shares of the travel company’s stock worth $46,000 after buying an additional 2,053 shares during the period. Quadrant Capital Group LLC boosted its position in shares of Tripadvisor by 52.6% during the fourth quarter. Quadrant Capital Group LLC now owns 2,497 shares of the travel company’s stock worth $54,000 after buying an additional 861 shares during the period. Future Financial Wealth Managment LLC acquired a new position in shares of Tripadvisor during the first quarter worth about $83,000. Finally, SYSTM Wealth Solutions LLC boosted its position in shares of Tripadvisor by 10.5% during the first quarter. SYSTM Wealth Solutions LLC now owns 4,527 shares of the travel company’s stock worth $126,000 after buying an additional 432 shares during the period. 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.