Analysts Set TripAdvisor, Inc. (NASDAQ:TRIP) Price Target at $14.68

TripAdvisor, Inc. (NASDAQ:TRIP) has received an average recommendation of “Reduce” from the sixteen analysts that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $14.6786.

Several analysts have recently weighed in on the company. DA Davidson reduced their target price on TripAdvisor from $16.25 to $11.00 and set a “neutral” rating for the company in a report on Tuesday, February 17th. Zacks Research downgraded TripAdvisor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of TripAdvisor in a research report on Monday, December 29th. B. Riley Financial reduced their price objective on TripAdvisor from $18.00 to $13.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Finally, Cantor Fitzgerald set a $10.00 price objective on TripAdvisor and gave the company an “underweight” rating in a report on Friday, February 13th.

TripAdvisor Trading Up 1.3%

Shares of TripAdvisor stock opened at $10.85 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.33. The company has a fifty day simple moving average of $10.85 and a 200-day simple moving average of $13.80. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 36.17, a PEG ratio of 1.91 and a beta of 0.88. TripAdvisor has a 12-month low of $9.01 and a 12-month high of $20.16.

TripAdvisor (NASDAQ:TRIP) last announced its quarterly earnings results on Thursday, February 12th. The travel company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.11). TripAdvisor had a return on equity of 10.67% and a net margin of 2.12%.The company had revenue of $411.00 million for the quarter, compared to analyst estimates of $412.53 million. During the same quarter in the prior year, the business earned $0.30 earnings per share. TripAdvisor’s revenue was up .0% compared to the same quarter last year. On average, equities analysts forecast that TripAdvisor will post 0.46 EPS for the current fiscal year.

Institutional Trading of TripAdvisor

Large investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. grew its position in TripAdvisor by 192.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,767 shares of the travel company’s stock worth $40,000 after purchasing an additional 1,821 shares during the last quarter. Corient Private Wealth LLC purchased a new stake in shares of TripAdvisor in the fourth quarter valued at about $211,000. Villanova Investment Management Co LLC boosted its stake in shares of TripAdvisor by 23.1% during the fourth quarter. Villanova Investment Management Co LLC now owns 158,953 shares of the travel company’s stock worth $2,314,000 after buying an additional 29,814 shares during the period. River Road Asset Management LLC boosted its stake in shares of TripAdvisor by 1.7% during the fourth quarter. River Road Asset Management LLC now owns 3,448,718 shares of the travel company’s stock worth $50,213,000 after buying an additional 56,159 shares during the period. Finally, Pacer Advisors Inc. grew its holdings in shares of TripAdvisor by 57.0% during the fourth quarter. Pacer Advisors Inc. now owns 677,836 shares of the travel company’s stock worth $9,869,000 after buying an additional 246,196 shares during the last quarter. Institutional investors and hedge funds own 98.99% of the company’s stock.

About TripAdvisor

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.