Tripadvisor (TRIP) Set to Announce Quarterly Earnings on Tuesday

Tripadvisor (NASDAQ:TRIP) will be announcing its earnings results after the market closes on Tuesday, May 7th. Investors that are interested in registering for the company’s conference call can do so using this link.

Tripadvisor (NASDAQ:TRIP) last posted its quarterly earnings data on Wednesday, February 14th. The travel company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.14. The firm had revenue of $390.00 million for the quarter, compared to analysts’ expectations of $372.93 million. Tripadvisor had a return on equity of 11.69% and a net margin of 0.56%. On average, analysts expect Tripadvisor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tripadvisor Price Performance

NASDAQ TRIP opened at $25.79 on Friday. The company has a current ratio of 2.27, a quick ratio of 2.27 and a debt-to-equity ratio of 1.02. Tripadvisor has a 12 month low of $14.15 and a 12 month high of $28.76. The stock has a market cap of $3.56 billion, a price-to-earnings ratio of 429.83, a PEG ratio of 1.67 and a beta of 1.56. The company’s 50 day moving average is $26.88 and its two-hundred day moving average is $22.32.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TRIP shares. TheStreet raised shares of Tripadvisor from a “d+” rating to a “c” rating in a report on Wednesday, February 14th. UBS Group boosted their price target on Tripadvisor from $21.00 to $27.00 and gave the stock a “neutral” rating in a report on Friday, February 16th. The Goldman Sachs Group lifted their price objective on shares of Tripadvisor from $23.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday, February 20th. Truist Financial raised their target price on shares of Tripadvisor from $18.00 to $28.00 and gave the company a “hold” rating in a research note on Thursday, March 14th. Finally, Mizuho increased their price objective on shares of Tripadvisor from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, February 16th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Tripadvisor currently has an average rating of “Hold” and an average price target of $24.12.

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.