TripAdvisor (NASDAQ:TRIP) Given New $9.00 Price Target at Cantor Fitzgerald

TripAdvisor (NASDAQ:TRIP) had its price target lowered by Cantor Fitzgerald from $10.00 to $9.00 in a report published on Friday, Marketbeat Ratings reports. The firm currently has an underweight rating on the travel company’s stock.

Other research analysts also recently issued research reports about the company. Wedbush upped their price objective on TripAdvisor from $19.00 to $20.00 and gave the company an “outperform” rating in a research note on Tuesday, June 16th. DA Davidson lifted their target price on shares of TripAdvisor from $10.50 to $15.50 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Barclays reduced their target price on shares of TripAdvisor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Monday, May 11th. The Goldman Sachs Group restated a “buy” rating and issued a $16.00 price target on shares of TripAdvisor in a research report on Monday, July 20th. Finally, BTIG Research downgraded shares of TripAdvisor from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 21st. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $14.71.

TripAdvisor Trading Up 3.5%

Shares of TRIP stock opened at $10.78 on Friday. TripAdvisor has a twelve month low of $9.01 and a twelve month high of $20.16. The stock’s fifty day simple moving average is $13.27 and its 200 day simple moving average is $11.71. The company has a quick ratio of 1.25, a current ratio of 1.56 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $1.25 billion, a P/E ratio of 1,079.08, a P/E/G ratio of 2.04 and a beta of 0.86.

TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Thursday, August 6th. The travel company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.03). TripAdvisor had a net margin of 0.28% and a return on equity of 4.23%. The firm had revenue of $385.30 million during the quarter, compared to the consensus estimate of $506.27 million. During the same quarter in the prior year, the business posted $0.46 earnings per share. TripAdvisor’s revenue for the quarter was down 7.2% compared to the same quarter last year. As a group, sell-side analysts predict that TripAdvisor will post 0.69 EPS for the current fiscal year.

Insider Activity at TripAdvisor

In related news, CEO Almir Ambeskovic sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $12.30, for a total value of $98,400.00. Following the sale, the chief executive officer directly owned 34,396 shares in the company, valued at $423,070.80. This represents a 18.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On TripAdvisor

Institutional investors have recently modified their holdings of the company. BlackRock Inc. bought a new position in TripAdvisor during the second quarter worth $239,065,000. Vanguard Group Inc. boosted its position in TripAdvisor by 6.1% during the fourth quarter. Vanguard Group Inc. now owns 12,567,936 shares of the travel company’s stock valued at $182,989,000 after acquiring an additional 721,957 shares during the last quarter. Starboard Value LP grew its holdings in TripAdvisor by 1.4% during the 4th quarter. Starboard Value LP now owns 9,644,996 shares of the travel company’s stock worth $140,431,000 after acquiring an additional 134,512 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of TripAdvisor by 24.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,416,019 shares of the travel company’s stock valued at $120,585,000 after purchasing an additional 1,445,607 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of TripAdvisor by 5.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,973,534 shares of the travel company’s stock valued at $42,356,000 after purchasing an additional 210,591 shares in the last quarter. 98.99% of the stock is owned by institutional investors.

Key Headlines Impacting TripAdvisor

Here are the key news stories impacting TripAdvisor this week:

• Positive Sentiment: Bank of America Securities maintained a Buy rating and a $15 price target. The analyst acknowledged cyclical weakness but cited growth in Tripadvisor’s Experiences business and potential proceeds from the TheFork sale as sources of value. Analyst Maintains Buy on TripAdvisor
• Positive Sentiment: Management expects third-quarter Experiences bookings to grow approximately 5% to 7%. TheFork sale process could also provide capital and sharpen the company’s strategic focus. Tripadvisor expects Q3 experiences booked growth
• Neutral Sentiment: Tripadvisor said CFO Mike Noonan will hold investor meetings at the Oppenheimer Technology, Internet & Communications Conference on August 11. The event may provide additional details on strategy, operating trends, and the TheFork transaction. Tripadvisor Announces Participation at Upcoming Conferences
• Negative Sentiment: Second-quarter results were below expectations: adjusted EPS was $0.35 versus a roughly $0.38–$0.42 consensus, while revenue of $385.3 million was well below estimates near $506 million. Revenue declined 7.2% year over year, and EPS fell from $0.46 a year earlier. TripAdvisor Q2 Earnings and Revenues Lag Estimates
• Negative Sentiment: JPMorgan downgraded Tripadvisor to Underweight and cut its price target from $11 to $10, while Cantor Fitzgerald also assigned an Underweight rating and lowered its target from $10 to $9. The revisions reinforce concerns about slowing growth and near-term execution.
• Negative Sentiment: Coverage has emphasized that Tripadvisor’s growth is trailing major rivals, raising questions about whether the company may need additional asset sales or strategic changes to improve performance. Tripadvisor’s Growth Is Way Behind Rivals

TripAdvisor Company Profile

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.