Tripadvisor, Inc. (NASDAQ:TRIP) Receives $17.71 Average Target Price from Analysts

Tripadvisor, Inc. (NASDAQ:TRIP) has earned a consensus rating of “Reduce” from the fourteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $17.71.

A number of brokerages recently weighed in on TRIP. Cantor Fitzgerald lowered their target price on shares of Tripadvisor from $14.00 to $13.00 and set an “underweight” rating on the stock in a report on Friday, February 21st. B. Riley boosted their target price on shares of Tripadvisor from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. UBS Group restated a “neutral” rating on shares of Tripadvisor in a report on Tuesday, February 4th. TD Cowen boosted their target price on shares of Tripadvisor from $15.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $16.00 price objective on shares of Tripadvisor in a research report on Thursday, February 20th.

Institutional Investors Weigh In On Tripadvisor

Institutional investors have recently modified their holdings of the business. True Wealth Design LLC bought a new stake in Tripadvisor during the third quarter worth about $27,000. Capital Performance Advisors LLP acquired a new position in Tripadvisor during the third quarter worth about $28,000. Bogart Wealth LLC acquired a new position in Tripadvisor during the fourth quarter worth about $30,000. Blue Trust Inc. increased its stake in shares of Tripadvisor by 204.4% in the fourth quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock valued at $33,000 after buying an additional 1,543 shares during the period. Finally, Aster Capital Management DIFC Ltd increased its stake in shares of Tripadvisor by 83.8% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company’s stock valued at $50,000 after buying an additional 1,557 shares during the period. Institutional investors own 98.99% of the company’s stock.

Tripadvisor Price Performance

NASDAQ TRIP opened at $14.91 on Monday. The company has a quick ratio of 1.85, a current ratio of 2.10 and a debt-to-equity ratio of 0.93. Tripadvisor has a 12-month low of $12.93 and a 12-month high of $28.76. The company has a market capitalization of $2.08 billion, a PE ratio of 745.87, a price-to-earnings-growth ratio of 9.01 and a beta of 1.34. The firm’s 50 day moving average is $16.07 and its 200-day moving average is $15.01.

Tripadvisor (NASDAQ:TRIP) last issued its earnings results on Thursday, February 20th. The travel company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08). The firm had revenue of $411.00 million for the quarter, compared to analyst estimates of $400.02 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. Equities research analysts anticipate that Tripadvisor will post 0.46 earnings per share for the current fiscal year.

Tripadvisor Company Profile

TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.