News stories about TripAdvisor (NASDAQ:TRIP) have been trending somewhat positive on Sunday, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TripAdvisor earned a news impact score of 0.15 on Accern’s scale. Accern also gave news coverage about the travel company an impact score of 46.2253523310201 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- TripAdvisor to Audiocast Third Quarter 2017 Conference Call on November 7, 2017 – PR Newswire (press release) (prnewswire.com)
- TripAdvisor, Inc. Slides 5% – Motley Fool (fool.com)
- TripAdvisor, Inc. (TRIP) Receives Hold Rating from KeyCorp (americanbankingnews.com)
Shares of TripAdvisor (NASDAQ TRIP) opened at 41.61 on Friday. The company has a market capitalization of $5.77 billion, a PE ratio of 62.95 and a beta of 2.38. TripAdvisor has a 52 week low of $35.34 and a 52 week high of $65.56. The company’s 50 day moving average is $42.75 and its 200-day moving average is $41.15.
TripAdvisor (NASDAQ:TRIP) last posted its quarterly earnings data on Tuesday, August 8th. The travel company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.05). The business had revenue of $424.00 million during the quarter, compared to analyst estimates of $421.66 million. TripAdvisor had a return on equity of 8.62% and a net margin of 6.26%. TripAdvisor’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.38 EPS. On average, analysts expect that TripAdvisor will post $1.13 EPS for the current fiscal year.
Several analysts have issued reports on the stock. Cowen and Company raised shares of TripAdvisor from an “underperform” rating to a “market perform” rating and set a $35.00 price objective for the company in a research report on Wednesday, July 19th. Stifel Nicolaus reaffirmed a “hold” rating on shares of TripAdvisor in a research report on Friday, July 28th. ValuEngine raised shares of TripAdvisor from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Jefferies Group LLC downgraded shares of TripAdvisor from a “hold” rating to an “underperform” rating and lowered their price objective for the company from $50.00 to $30.00 in a research report on Thursday, August 24th. Finally, BidaskClub raised shares of TripAdvisor from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 9th. Nine equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $42.83.
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In other news, insider Dermot Halpin sold 12,859 shares of the company’s stock in a transaction on Friday, August 18th. The stock was sold at an average price of $39.09, for a total transaction of $502,658.31. Following the transaction, the insider now owns 5,364 shares of the company’s stock, valued at $209,678.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.09% of the company’s stock.
TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.
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