TripAdvisor, Inc. (TRIP) – What Are Analysts Thinking About This Stock?

TripAdvisor, Inc. (NASDAQ:TRIP) has received a consensus recommendation of “Reduce” from the fifteen research firms that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $14.04.

Several equities research analysts recently weighed in on the stock. BTIG Research downgraded shares of TripAdvisor from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 21st. JPMorgan Chase & Co. lowered their price objective on TripAdvisor from $11.00 to $10.00 and set an “underweight” rating on the stock in a research report on Friday, August 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of TripAdvisor in a research note on Wednesday, August 12th. UBS Group cut their target price on TripAdvisor from $15.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 11th. Finally, Cantor Fitzgerald reduced their target price on TripAdvisor from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Monday.

TripAdvisor Stock Performance

Shares of TripAdvisor stock opened at $9.44 on Friday. TripAdvisor has a 1 year low of $8.02 and a 1 year high of $17.53. The firm’s 50-day moving average is $9.22 and its 200 day moving average is $11.07. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 944.94, a PEG ratio of 3.83 and a beta of 0.86. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.56 and a quick ratio of 1.56.

TripAdvisor (NASDAQ:TRIP) last released its quarterly earnings data on Thursday, August 6th. The travel company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). The firm had revenue of $385.30 million for the quarter, compared to the consensus estimate of $506.27 million. TripAdvisor had a net margin of 0.28% and a return on equity of 4.23%. The firm’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.46 earnings per share. Sell-side analysts anticipate that TripAdvisor will post 0.34 EPS for the current fiscal year.

Insider Activity

In related news, CEO Almir Ambeskovic sold 8,000 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $9.45, for a total transaction of $75,600.00. Following the sale, the chief executive officer directly owned 30,456 shares of the company’s stock, valued at $287,809.20. This trade represents a 20.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On TripAdvisor

A number of hedge funds have recently bought and sold shares of TRIP. Nykredit A S purchased a new stake in shares of TripAdvisor during the 2nd quarter valued at about $32,000. Public Employees Retirement System of Ohio bought a new stake in shares of TripAdvisor in the second quarter worth approximately $36,000. Rockefeller Capital Management L.P. grew its stake in shares of TripAdvisor by 192.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,767 shares of the travel company’s stock worth $40,000 after acquiring an additional 1,821 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of TripAdvisor in the second quarter worth approximately $46,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of TripAdvisor during the second quarter valued at approximately $92,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

TripAdvisor Company Profile

Tripadvisor, Inc (NASDAQ: TRIP) operates a global travel guidance and experiences platform. Its flagship Tripadvisor brand provides user-generated reviews, ratings, photos and travel information covering hotels, restaurants, attractions and destinations, helping travelers research and plan trips.

The company also operates Viator, an online marketplace for tours, activities and other travel experiences, and TheFork, a digital restaurant reservation platform serving diners and restaurants.