Raymond James Financial Inc. Boosts Holdings in TripAdvisor, Inc. $TRIP

Raymond James Financial Inc. boosted its holdings in shares of TripAdvisor, Inc. (NASDAQ:TRIP - Free Report) by 16.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 238,094 shares of the travel company's stock after purchasing an additional 34,347 shares during the quarter. Raymond James Financial Inc. owned about 0.17% of TripAdvisor worth $3,374,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Tsfg LLC acquired a new stake in shares of TripAdvisor during the first quarter worth $35,000. Point72 Asia Singapore Pte. Ltd. grew its position in TripAdvisor by 150,850.0% during the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,057 shares of the travel company's stock worth $134,000 after buying an additional 9,051 shares in the last quarter. Atlas Capital Advisors Inc. bought a new position in shares of TripAdvisor in the 1st quarter valued at $128,000. Ethic Inc. acquired a new stake in TripAdvisor in the fourth quarter valued at $163,000. Finally, Brown Miller Wealth Management LLC acquired a new stake in shares of TripAdvisor in the 1st quarter valued at about $164,000. Institutional investors own 98.99% of the company's stock.

TripAdvisor Stock Performance

Shares of TRIP stock remained flat at $17.76 during trading hours on Wednesday. The stock had a trading volume of 1,665,855 shares, compared to its average volume of 3,132,056. TripAdvisor, Inc. has a 1-year low of $10.43 and a 1-year high of $19.26. The firm has a market cap of $2.06 billion, a P/E ratio of 37.00, a price-to-earnings-growth ratio of 2.70 and a beta of 1.27. The stock has a 50-day simple moving average of $17.38 and a two-hundred day simple moving average of $14.91. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The travel company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. The firm had revenue of $529.00 million during the quarter, compared to analysts' expectations of $529.91 million. TripAdvisor had a net margin of 3.53% and a return on equity of 12.40%. The business's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 earnings per share. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts forecast that TripAdvisor, Inc. will post 0.46 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on TRIP shares. Citigroup lifted their price target on shares of TripAdvisor from $16.00 to $19.00 and gave the stock a "neutral" rating in a report on Monday, August 18th. UBS Group restated a "neutral" rating on shares of TripAdvisor in a report on Sunday, August 10th. DA Davidson set a $16.25 price objective on shares of TripAdvisor in a research report on Tuesday, July 8th. Wall Street Zen downgraded shares of TripAdvisor from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 14th. Finally, Bank of America initiated coverage on shares of TripAdvisor in a research note on Monday, July 14th. They set a "neutral" rating and a $19.00 target price for the company. Eight research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, TripAdvisor presently has a consensus rating of "Reduce" and an average price target of $17.36.

TripAdvisor 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.