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

Shares of Tripadvisor, Inc. (NASDAQ:TRIP) have received a consensus recommendation of “Reduce” from the fourteen analysts that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $17.29.

Several equities research analysts have weighed in on the company. UBS Group reaffirmed a “neutral” rating on shares of Tripadvisor in a research report on Tuesday, February 4th. B. Riley reduced their price target on Tripadvisor from $20.00 to $18.00 and set a “neutral” rating for the company in a research report on Monday, March 10th. Cantor Fitzgerald decreased their price target on Tripadvisor from $14.00 to $13.00 and set an “underweight” rating for the company in a report on Friday, February 21st. StockNews.com raised shares of Tripadvisor from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. Finally, Wedbush reiterated a “neutral” rating and issued a $17.00 target price on shares of Tripadvisor in a research note on Thursday, December 19th.

Tripadvisor Trading Up 0.8 %

Tripadvisor stock opened at $11.71 on Tuesday. The stock has a 50-day moving average price of $14.59 and a 200 day moving average price of $14.88. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 585.79, a price-to-earnings-growth ratio of 9.01 and a beta of 1.25. Tripadvisor has a 52 week low of $10.43 and a 52 week high of $27.63. The company has a quick ratio of 1.85, a current ratio of 2.10 and a debt-to-equity ratio of 0.93.

Tripadvisor (NASDAQ:TRIP) last announced its quarterly earnings data on Thursday, February 20th. The travel company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.08). The business had revenue of $411.00 million for the quarter, compared to analyst estimates of $400.02 million. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. Sell-side analysts anticipate that Tripadvisor will post 0.46 EPS for the current year.

Institutional Investors Weigh In On Tripadvisor

Several institutional investors have recently bought and sold shares of TRIP. LPL Financial LLC lifted its position in shares of Tripadvisor by 8.7% in the fourth quarter. LPL Financial LLC now owns 12,511 shares of the travel company’s stock valued at $185,000 after acquiring an additional 997 shares in the last quarter. First Hawaiian Bank boosted its stake in Tripadvisor by 2.9% during the 1st quarter. First Hawaiian Bank now owns 35,684 shares of the travel company’s stock worth $506,000 after purchasing an additional 1,013 shares during the last quarter. Blue Trust Inc. boosted its stake in Tripadvisor by 204.4% during the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock worth $33,000 after purchasing an additional 1,543 shares during the last quarter. Aster Capital Management DIFC Ltd grew its holdings in shares of Tripadvisor by 83.8% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company’s stock worth $50,000 after buying an additional 1,557 shares in the last quarter. Finally, Bogart Wealth LLC purchased a new position in shares of Tripadvisor in the fourth quarter worth about $30,000. 98.99% of the stock is currently 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.