TripAdvisor (NASDAQ:TRIP) Upgraded by Wall Street Zen to “Strong-Buy” Rating

TripAdvisor (NASDAQ:TRIPGet Free Report) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Sunday.

Several other research analysts have also recently weighed in on the stock. Citigroup upped their price target on shares of TripAdvisor from $16.00 to $19.00 and gave the company a “neutral” rating in a report on Monday, August 18th. Bank of America began coverage on shares of TripAdvisor in a report on Monday, July 14th. They set a “neutral” rating and a $19.00 target price for the company. UBS Group reaffirmed a “neutral” rating on shares of TripAdvisor in a research report on Sunday, August 10th. DA Davidson set a $16.25 price target on shares of TripAdvisor in a research report on Tuesday, July 8th. Finally, B. Riley upped their price target on shares of TripAdvisor from $17.00 to $21.00 and gave the stock a “neutral” rating in a research report on Monday, August 11th. Eight equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $17.03.

Check Out Our Latest Analysis on TRIP

TripAdvisor Trading Down 1.2%

TRIP opened at $15.31 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 31.90, a price-to-earnings-growth ratio of 2.38 and a beta of 1.21. The firm has a 50 day simple moving average of $17.07 and a 200 day simple moving average of $15.39. TripAdvisor has a fifty-two week low of $10.43 and a fifty-two week high of $20.16.

TripAdvisor (NASDAQ:TRIPGet Free Report) last posted its quarterly earnings results on Thursday, August 7th. The travel company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. The business had revenue of $529.00 million during the quarter, compared to the consensus estimate of $529.91 million. During the same period in the previous year, the firm posted $0.39 earnings per share. TripAdvisor’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. On average, sell-side analysts anticipate that TripAdvisor will post 0.46 earnings per share for the current year.

Insider Buying and Selling at TripAdvisor

In other news, insider Seth J. Kalvert sold 10,880 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $20.04, for a total value of $218,035.20. Following the transaction, the insider directly owned 136,914 shares of the company’s stock, valued at $2,743,756.56. This represents a 7.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.10% of the stock is owned by insiders.

Hedge Funds Weigh In On TripAdvisor

A number of hedge funds have recently bought and sold shares of the business. CWM LLC increased its position in TripAdvisor by 10.1% during the third quarter. CWM LLC now owns 24,385 shares of the travel company’s stock worth $396,000 after acquiring an additional 2,239 shares during the period. Pacer Advisors Inc. bought a new position in TripAdvisor during the third quarter worth about $7,018,000. Friedenthal Financial bought a new position in TripAdvisor during the third quarter worth about $890,000. Gilman Hill Asset Management LLC increased its position in TripAdvisor by 3.0% during the third quarter. Gilman Hill Asset Management LLC now owns 325,470 shares of the travel company’s stock worth $5,292,000 after acquiring an additional 9,565 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC bought a new position in TripAdvisor during the third quarter worth about $200,000. 98.99% of the stock is owned by institutional investors.

TripAdvisor Company Profile

(Get Free Report)

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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Analyst Recommendations for TripAdvisor (NASDAQ:TRIP)

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