$0.35 Earnings Per Share Expected for Tripadvisor Inc (NASDAQ:TRIP) This Quarter

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Equities analysts expect Tripadvisor Inc (NASDAQ:TRIP) to announce earnings per share (EPS) of $0.35 for the current quarter, Zacks Investment Research reports. Nine analysts have made estimates for Tripadvisor’s earnings, with the lowest EPS estimate coming in at $0.25 and the highest estimate coming in at $0.39. Tripadvisor reported earnings of $0.27 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 29.6%. The firm is scheduled to report its next earnings results on Tuesday, February 11th.

On average, analysts expect that Tripadvisor will report full year earnings of $1.75 per share for the current year, with EPS estimates ranging from $1.62 to $1.84. For the next financial year, analysts anticipate that the firm will post earnings of $1.95 per share, with EPS estimates ranging from $1.68 to $2.13. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Tripadvisor.

Tripadvisor (NASDAQ:TRIP) last posted its earnings results on Wednesday, November 6th. The travel company reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.05. The firm had revenue of $428.00 million for the quarter, compared to analysts’ expectations of $459.39 million. Tripadvisor had a return on equity of 9.18% and a net margin of 7.44%. The company’s quarterly revenue was down 6.6% on a year-over-year basis. During the same period last year, the firm earned $0.72 EPS.

TRIP has been the topic of a number of recent research reports. Barclays set a $58.00 price objective on shares of Tripadvisor and gave the company a “buy” rating in a report on Tuesday, October 15th. Stifel Nicolaus lowered their price objective on shares of Tripadvisor from $44.00 to $36.00 and set a “hold” rating on the stock in a report on Friday, November 8th. DA Davidson lowered their price objective on shares of Tripadvisor to $44.00 and set a “buy” rating on the stock in a report on Friday, November 8th. JPMorgan Chase & Co. downgraded shares of Tripadvisor from a “neutral” rating to an “underweight” rating and lowered their price objective for the company from $48.00 to $28.00 in a report on Friday, November 8th. Finally, BidaskClub downgraded shares of Tripadvisor from a “sell” rating to a “strong sell” rating in a report on Saturday. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $43.07.

TRIP stock traded down $3.15 during mid-day trading on Friday, hitting $28.46. 170,989 shares of the company were exchanged, compared to its average volume of 2,932,182. Tripadvisor has a 1-year low of $29.27 and a 1-year high of $65.41. The firm has a market cap of $4.34 billion, a P/E ratio of 26.99, a P/E/G ratio of 1.83 and a beta of 1.37. The firm’s 50 day simple moving average is $37.45 and its 200 day simple moving average is $42.15.

The company also recently announced a dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, November 20th will be paid a $3.50 dividend. The ex-dividend date is Tuesday, November 19th.

Large investors have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC increased its stake in Tripadvisor by 1.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 22,329 shares of the travel company’s stock worth $864,000 after buying an additional 300 shares during the period. MUFG Americas Holdings Corp raised its position in Tripadvisor by 136.1% in the 2nd quarter. MUFG Americas Holdings Corp now owns 687 shares of the travel company’s stock valued at $32,000 after buying an additional 396 shares during the last quarter. State of Michigan Retirement System raised its position in Tripadvisor by 2.0% in the 3rd quarter. State of Michigan Retirement System now owns 25,254 shares of the travel company’s stock valued at $977,000 after buying an additional 500 shares during the last quarter. Rhumbline Advisers raised its position in Tripadvisor by 0.3% in the 3rd quarter. Rhumbline Advisers now owns 191,541 shares of the travel company’s stock valued at $7,409,000 after buying an additional 541 shares during the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new stake in Tripadvisor in the 2nd quarter valued at $27,000. 81.89% of the stock is owned by institutional investors and hedge funds.

Tripadvisor Company Profile

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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Earnings History and Estimates for Tripadvisor (NASDAQ:TRIP)

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