Tripadvisor, Inc. (NASDAQ:TRIP – Get Free Report) has been given an average recommendation of “Hold” by the fifteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $18.33.
Several equities research analysts have weighed in on the stock. StockNews.com lowered shares of Tripadvisor from a “buy” rating to a “hold” rating in a report on Friday, November 8th. BTIG Research cut their target price on shares of Tripadvisor from $25.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, August 7th. Wedbush reiterated a “neutral” rating and issued a $17.00 target price (up from $16.00) on shares of Tripadvisor in a report on Thursday, November 7th. B. Riley increased their target price on shares of Tripadvisor from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, Citigroup cut their target price on shares of Tripadvisor from $20.00 to $16.00 and set a “neutral” rating on the stock in a report on Tuesday, September 24th.
View Our Latest Stock Report on TRIP
Institutional Investors Weigh In On Tripadvisor
Tripadvisor Price Performance
Shares of TRIP stock opened at $13.94 on Friday. Tripadvisor has a 1 year low of $12.93 and a 1 year high of $28.76. The firm’s 50 day moving average is $14.81 and its 200-day moving average is $16.56. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 60.61, a PEG ratio of 10.06 and a beta of 1.37. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.93.
Tripadvisor (NASDAQ:TRIP – Get Free Report) last announced its earnings results on Wednesday, November 6th. The travel company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%. The company had revenue of $532.00 million for the quarter, compared to analyst estimates of $527.86 million. During the same period in the prior year, the business earned $0.35 earnings per share. Tripadvisor’s quarterly revenue was down .2% on a year-over-year basis. Sell-side analysts forecast that Tripadvisor will post 0.36 EPS for the current fiscal year.
About Tripadvisor
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.
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