TripAdvisor, Inc. (NASDAQ:TRIP) Receives $14.76 Consensus PT from Analysts

Shares of TripAdvisor, Inc. (NASDAQ:TRIP) have been assigned an average recommendation of “Hold” from the sixteen brokerages that are presently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $15.1929.

Several equities research analysts have weighed in on TRIP shares. Barclays cut their price target on TripAdvisor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Monday, May 11th. BTIG Research restated a “buy” rating on shares of TripAdvisor in a report on Monday, June 15th. UBS Group cut their price target on TripAdvisor from $16.00 to $13.70 and set a “neutral” rating on the stock in a report on Monday, April 27th. Bank of America upgraded TripAdvisor from a “neutral” rating to a “buy” rating and upped their price target for the stock from $14.00 to $15.00 in a report on Friday, March 27th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of TripAdvisor in a report on Friday, May 15th.

Insiders Place Their Bets

In other TripAdvisor news, CEO Almir Ambeskovic sold 8,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $12.30, for a total transaction of $98,400.00. Following the sale, the chief executive officer owned 34,396 shares in the company, valued at $423,070.80. This represents a 18.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On TripAdvisor

Large investors have recently bought and sold shares of the stock. UMB Bank n.a. increased its holdings in TripAdvisor by 295.2% during the 4th quarter. UMB Bank n.a. now owns 2,300 shares of the travel company’s stock worth $33,000 after purchasing an additional 1,718 shares during the period. Kestra Advisory Services LLC purchased a new stake in TripAdvisor during the 4th quarter worth about $33,000. Rockefeller Capital Management L.P. increased its holdings in shares of TripAdvisor by 192.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,767 shares of the travel company’s stock valued at $40,000 after acquiring an additional 1,821 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of TripAdvisor by 39.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,482 shares of the travel company’s stock valued at $42,000 after acquiring an additional 705 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of TripAdvisor by 308.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,077 shares of the travel company’s stock valued at $53,000 after acquiring an additional 3,078 shares during the last quarter. Hedge funds and other institutional investors own 98.99% of the company’s stock.

TripAdvisor Price Performance

TRIP opened at $12.97 on Friday. The stock’s 50-day moving average price is $11.11 and its 200 day moving average price is $11.93. TripAdvisor has a 12-month low of $9.01 and a 12-month high of $20.16. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.36. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 129.71, a PEG ratio of 2.54 and a beta of 0.90.

TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Thursday, May 7th. The travel company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.08). TripAdvisor had a return on equity of 5.73% and a net margin of 0.99%.The firm had revenue of $382.40 million for the quarter, compared to analyst estimates of $384.69 million. During the same period in the previous year, the company posted $0.14 EPS. TripAdvisor’s revenue was down 4.0% on a year-over-year basis. As a group, sell-side analysts expect that TripAdvisor will post 0.69 earnings per share for the current year.

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.