Invesco Ltd. Boosts Position in TripAdvisor, Inc. $TRIP

Invesco Ltd. grew its holdings in shares of TripAdvisor, Inc. (NASDAQ:TRIP) by 4.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 472,094 shares of the travel company’s stock after buying an additional 21,531 shares during the period. Invesco Ltd. owned 0.34% of TripAdvisor worth $6,690,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in TRIP. Tsfg LLC purchased a new position in shares of TripAdvisor during the first quarter valued at approximately $35,000. Atlas Capital Advisors Inc. purchased a new position in shares of TripAdvisor during the first quarter valued at approximately $128,000. Point72 Asia Singapore Pte. Ltd. increased its stake in shares of TripAdvisor by 150,850.0% during the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,057 shares of the travel company’s stock valued at $134,000 after buying an additional 9,051 shares during the period. Ethic Inc. purchased a new position in shares of TripAdvisor during the fourth quarter valued at approximately $163,000. Finally, Brown Miller Wealth Management LLC purchased a new position in shares of TripAdvisor during the first quarter valued at approximately $164,000. 98.99% of the stock is owned by hedge funds and other institutional investors.

TripAdvisor Price Performance

Shares of TRIP stock opened at $17.14 on Wednesday. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 35.71, a PEG ratio of 2.70 and a beta of 1.30. The business’s fifty day moving average is $16.53 and its 200 day moving average is $14.92. TripAdvisor, Inc. has a twelve month low of $10.43 and a twelve month high of $19.26. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.37.

TripAdvisor (NASDAQ:TRIP) last released its earnings results on Thursday, August 7th. The travel company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.43 by $0.03. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.The business had revenue of $529.00 million for the quarter, compared to the consensus estimate of $529.91 million. During the same period in the previous year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts expect that TripAdvisor, Inc. will post 0.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Bank of America assumed coverage on TripAdvisor in a research note on Monday, July 14th. They set a “neutral” rating and a $19.00 target price on the stock. Citigroup boosted their target price on TripAdvisor from $16.00 to $19.00 and gave the company a “neutral” rating in a research note on Monday, August 18th. JPMorgan Chase & Co. upped their price target on TripAdvisor from $11.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday, May 9th. B. Riley upped their price target on TripAdvisor from $17.00 to $21.00 and gave the stock a “neutral” rating in a research note on Monday, August 11th. Finally, Wall Street Zen cut TripAdvisor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 14th. Nine investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $17.33.

TripAdvisor 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.