Tripadvisor Inc (NASDAQ:TRIP) has been assigned a consensus rating of “Hold” from the twenty-eight ratings firms that are presently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, seventeen have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $26.59.
Several equities research analysts have recently weighed in on the stock. Wells Fargo & Co reissued a “hold” rating and issued a $22.00 target price on shares of Tripadvisor in a research report on Wednesday, March 25th. Barclays dropped their target price on shares of Tripadvisor from $23.00 to $21.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. SunTrust Banks dropped their target price on shares of Tripadvisor from $25.00 to $24.00 and set a “buy” rating for the company in a research report on Monday, May 11th. ValuEngine raised shares of Tripadvisor from a “hold” rating to a “buy” rating in a research report on Tuesday, May 19th. Finally, Oppenheimer reissued a “hold” rating on shares of Tripadvisor in a research report on Wednesday, April 29th.
Tripadvisor stock traded up $1.03 during midday trading on Tuesday, hitting $19.06. 3,368,100 shares of the stock were exchanged, compared to its average volume of 3,780,850. Tripadvisor has a 1 year low of $13.73 and a 1 year high of $47.65. The firm has a market cap of $2.42 billion, a P/E ratio of 32.31 and a beta of 1.28. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.25 and a quick ratio of 3.25. The company has a 50 day moving average price of $19.81 and a two-hundred day moving average price of $23.14.
Tripadvisor (NASDAQ:TRIP) last released its quarterly earnings results on Thursday, May 7th. The travel company reported $0.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.03. Tripadvisor had a net margin of 5.67% and a return on equity of 7.82%. The firm had revenue of $278.00 million for the quarter, compared to the consensus estimate of $290.63 million. During the same quarter in the previous year, the firm posted $0.36 EPS. The firm’s quarterly revenue was down 26.1% on a year-over-year basis. As a group, analysts predict that Tripadvisor will post -1.13 EPS for the current year.
In other Tripadvisor news, CFO Ernst 02494 Teunissen sold 22,837 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $22.75, for a total transaction of $519,541.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.80% of the company’s stock.
Several large investors have recently modified their holdings of the company. Acorn Financial Advisory Services Inc. ADV lifted its stake in shares of Tripadvisor by 1.8% in the 1st quarter. Acorn Financial Advisory Services Inc. ADV now owns 33,482 shares of the travel company’s stock worth $582,000 after acquiring an additional 581 shares during the period. Point72 Hong Kong Ltd lifted its stake in shares of Tripadvisor by 88.8% in the 4th quarter. Point72 Hong Kong Ltd now owns 1,467 shares of the travel company’s stock worth $45,000 after acquiring an additional 690 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of Tripadvisor by 4.7% in the 1st quarter. State of Alaska Department of Revenue now owns 18,089 shares of the travel company’s stock worth $314,000 after acquiring an additional 820 shares during the period. CSat Investment Advisory L.P. lifted its stake in shares of Tripadvisor by 4.8% in the 4th quarter. CSat Investment Advisory L.P. now owns 19,142 shares of the travel company’s stock worth $582,000 after acquiring an additional 879 shares during the period. Finally, Piedmont Investment Advisors Inc. lifted its stake in shares of Tripadvisor by 5.9% in the 1st quarter. Piedmont Investment Advisors Inc. now owns 15,914 shares of the travel company’s stock worth $277,000 after acquiring an additional 883 shares during the period. 72.47% of the stock is owned by institutional investors.
TripAdvisor, Inc operates as an online travel company. It operates in two segments, Hotel and Non-Hotel. The company operates TripAdvisor-branded Websites, including tripadvisor.com in the United States; and localized versions of the Website in 48 markets and 28 languages. It also manages and operates other travel media brands that provide users the comprehensive travel-planning and trip-taking resources in the travel industry, such as airfarewatchdog.com, bookingbuddy.com, cruisecritic.com, familyvacationcritic.com, flipkey.com, thefork.com, holidaywatchdog.com, housetrip.com, jetsetter.com, niumba.com, onetime.com, oyster.com, seatguru.com, smartertravel.com, tingo.com, vacationhomerentals.com, and viator.com, as well as www.bokun.io and holidaylettings.co.uk.
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