Shares of Tripadvisor Inc (NASDAQ:TRIP) have received an average rating of “Hold” from the twenty-four brokerages that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a sell rating and eighteen have given a hold rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $38.57.
A number of equities analysts have issued reports on TRIP shares. Zacks Investment Research raised Tripadvisor from a “sell” rating to a “buy” rating and set a $39.00 target price on the stock in a research report on Thursday, January 11th. Barclays lowered their price target on Tripadvisor from $45.00 to $35.00 and set an “equal weight” rating for the company in a report on Wednesday, November 8th. Stifel Nicolaus lowered their price target on Tripadvisor from $40.00 to $32.00 and set a “hold” rating for the company in a report on Wednesday, November 8th. Royal Bank of Canada reiterated a “hold” rating and issued a $38.00 price target on shares of Tripadvisor in a report on Friday, November 3rd. Finally, Oppenheimer reiterated a “hold” rating on shares of Tripadvisor in a report on Sunday, December 17th.
In related news, CFO Ernst 02494 Teunissen sold 9,457 shares of the company’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $40.00, for a total transaction of $378,280.00. Following the completion of the transaction, the chief financial officer now directly owns 13,866 shares in the company, valued at approximately $554,640. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Dermot Halpin sold 26,313 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $42.49, for a total value of $1,118,039.37. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 36,116 shares of company stock valued at $1,508,256. 1.09% of the stock is owned by company insiders.
Shares of Tripadvisor (NASDAQ:TRIP) traded up $0.35 on Friday, hitting $40.08. The company’s stock had a trading volume of 2,635,400 shares, compared to its average volume of 3,736,429. Tripadvisor has a one year low of $29.50 and a one year high of $50.95. The firm has a market cap of $5,520.13, a price-to-earnings ratio of -286.27, a price-to-earnings-growth ratio of 4.22 and a beta of 2.22. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.67 and a current ratio of 2.67.
Tripadvisor (NASDAQ:TRIP) last announced its earnings results on Wednesday, February 14th. The travel company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.08). Tripadvisor had a negative net margin of 1.22% and a positive return on equity of 5.63%. The business had revenue of $321.00 million during the quarter, compared to analyst estimates of $309.12 million. During the same period in the previous year, the company earned $0.16 earnings per share. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. analysts anticipate that Tripadvisor will post 0.63 earnings per share for the current year.
Tripadvisor declared that its Board of Directors has approved a share buyback program on Wednesday, February 14th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the travel company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.
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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