Tripadvisor (NASDAQ:TRIP) is set to release its earnings data after the market closes on Wednesday, August 7th. Analysts expect Tripadvisor to post earnings of $0.35 per share for the quarter.
Tripadvisor (NASDAQ:TRIP) last released its quarterly earnings results on Tuesday, May 7th. The travel company reported $0.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.05. The firm had revenue of $376.00 million during the quarter, compared to analyst estimates of $387.27 million. Tripadvisor had a return on equity of 10.24% and a net margin of 8.31%. The business’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 EPS. On average, analysts expect Tripadvisor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
TRIP opened at $41.96 on Tuesday. The company has a market cap of $6.03 billion, a price-to-earnings ratio of 39.96, a price-to-earnings-growth ratio of 2.45 and a beta of 1.33. Tripadvisor has a 12 month low of $41.64 and a 12 month high of $69.00. The stock has a fifty day moving average of $45.77.
Several research analysts have recently commented on the company. Stifel Nicolaus reduced their price target on Tripadvisor from $57.00 to $50.00 and set a “hold” rating for the company in a research report on Thursday, May 9th. Guggenheim raised Tripadvisor from a “sell” rating to a “neutral” rating in a research report on Tuesday, May 21st. Wedbush reissued a “neutral” rating and issued a $50.00 price target (down from $60.00) on shares of Tripadvisor in a research report on Thursday, May 9th. Needham & Company LLC assumed coverage on Tripadvisor in a research report on Monday, May 20th. They issued a “buy” rating and a $63.00 price target for the company. Finally, Deutsche Bank raised Tripadvisor from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a research report on Friday, May 3rd. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $56.81.
TripAdvisor, Inc operates as an online travel company. It operates in two segments, Hotel and Non-Hotel. The company operates TripAdvisor-branded Websites, including tripadvisor.com in the United States; and localized versions of the Website in 48 markets and 28 languages. It also manages and operates other travel media brands that provide users the comprehensive travel-planning and trip-taking resources in the travel industry, such as airfarewatchdog.com, bookingbuddy.com, cruisecritic.com, familyvacationcritic.com, flipkey.com, thefork.com, holidaywatchdog.com, housetrip.com, jetsetter.com, niumba.com, onetime.com, oyster.com, seatguru.com, smartertravel.com, tingo.com, vacationhomerentals.com, and viator.com, as well as www.bokun.io and holidaylettings.co.uk.
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