TripAdvisor, Inc. (NASDAQ:TRIP) has been assigned a consensus rating of “Hold” from the twenty-eight analysts that are presently covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a sell rating and twenty have issued a hold rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $38.67.
A number of equities analysts have issued reports on TRIP shares. Wells Fargo & Company restated a “hold” rating on shares of TripAdvisor in a report on Thursday, July 27th. Zacks Investment Research upgraded TripAdvisor from a “sell” rating to a “hold” rating in a report on Thursday, July 27th. BidaskClub cut TripAdvisor from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Stifel Nicolaus restated a “hold” rating on shares of TripAdvisor in a report on Friday, July 28th. Finally, Barclays PLC reduced their target price on TripAdvisor from $52.00 to $48.00 and set an “equal weight” rating on the stock in a report on Monday, August 7th.
Shares of TripAdvisor (NASDAQ:TRIP) traded up $2.33 on Thursday, reaching $32.81. The company’s stock had a trading volume of 12,352,537 shares, compared to its average volume of 3,149,571. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.47. TripAdvisor has a 12-month low of $29.50 and a 12-month high of $53.58. The company has a market capitalization of $4,560.00, a PE ratio of 44.33, a P/E/G ratio of 2.48 and a beta of 2.33.
TripAdvisor (NASDAQ:TRIP) last issued its earnings results on Monday, November 6th. The travel company reported $0.36 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.36. TripAdvisor had a return on equity of 6.81% and a net margin of 4.26%. The firm had revenue of $439.00 million for the quarter, compared to analysts’ expectations of $451.27 million. During the same quarter last year, the business earned $0.53 earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. equities analysts expect that TripAdvisor will post 0.69 earnings per share for the current fiscal year.
Several large investors have recently bought and sold shares of TRIP. Teachers Advisors LLC increased its position in shares of TripAdvisor by 5.4% during the 1st quarter. Teachers Advisors LLC now owns 132,304 shares of the travel company’s stock worth $5,710,000 after purchasing an additional 6,830 shares during the last quarter. KCG Holdings Inc. acquired a new position in shares of TripAdvisor during the 1st quarter worth approximately $205,000. Janus Capital Management LLC increased its position in shares of TripAdvisor by 85.2% during the 1st quarter. Janus Capital Management LLC now owns 23,172 shares of the travel company’s stock worth $1,000,000 after purchasing an additional 10,658 shares during the last quarter. Xact Kapitalforvaltning AB increased its position in shares of TripAdvisor by 9.1% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 19,954 shares of the travel company’s stock worth $762,000 after purchasing an additional 1,659 shares during the last quarter. Finally, Bank of Montreal Can increased its position in shares of TripAdvisor by 20.6% during the 2nd quarter. Bank of Montreal Can now owns 49,999 shares of the travel company’s stock worth $1,909,000 after purchasing an additional 8,531 shares during the last quarter. 90.32% of the stock is currently owned by hedge funds and other institutional investors.
TripAdvisor Company Profile
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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