Shares of Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) have earned a consensus rating of "Hold" from the seventeen brokerages that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $24.12.
Several equities research analysts recently weighed in on TRIP shares. StockNews.com upgraded shares of Tripadvisor from a "hold" rating to a "buy" rating in a research note on Friday, February 23rd. The Goldman Sachs Group raised their target price on shares of Tripadvisor from $23.00 to $34.00 and gave the stock a "buy" rating in a report on Tuesday, February 20th. BMO Capital Markets lifted their price objective on shares of Tripadvisor from $20.00 to $23.00 and gave the company a "market perform" rating in a report on Friday, February 16th. B. Riley restated a "buy" rating and set a $34.00 target price (up from $27.00) on shares of Tripadvisor in a report on Friday, February 16th. Finally, Citigroup boosted their target price on shares of Tripadvisor from $23.00 to $28.00 and gave the stock a "neutral" rating in a report on Wednesday, April 17th.
View Our Latest Report on Tripadvisor
Tripadvisor Trading Down 2.5 %
Shares of TRIP stock traded down $0.67 on Tuesday, reaching $26.33. 1,396,699 shares of the stock were exchanged, compared to its average volume of 2,354,789. The stock has a market cap of $3.63 billion, a P/E ratio of 438.83, a price-to-earnings-growth ratio of 1.73 and a beta of 1.57. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 1.02. The firm has a 50 day moving average of $26.94 and a two-hundred day moving average of $22.08. Tripadvisor has a 1-year low of $14.15 and a 1-year high of $28.76.
Tripadvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The travel company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.14. The firm had revenue of $390.00 million during the quarter, compared to analysts' expectations of $372.93 million. Tripadvisor had a net margin of 0.56% and a return on equity of 11.69%. On average, research analysts anticipate that Tripadvisor will post 0.88 EPS for the current year.
Institutional Investors Weigh In On Tripadvisor
Several institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC raised its stake in Tripadvisor by 38.1% during the third quarter. AQR Capital Management LLC now owns 5,115,807 shares of the travel company's stock worth $84,820,000 after acquiring an additional 1,410,932 shares in the last quarter. Norges Bank acquired a new position in Tripadvisor during the fourth quarter worth about $27,807,000. Vanguard Group Inc. raised its stake in Tripadvisor by 11.7% during the third quarter. Vanguard Group Inc. now owns 12,084,674 shares of the travel company's stock worth $200,364,000 after acquiring an additional 1,263,706 shares in the last quarter. Kettle Hill Capital Management LLC acquired a new position in Tripadvisor during the third quarter worth about $19,626,000. Finally, Maple Rock Capital Partners Inc. acquired a new position in Tripadvisor during the third quarter worth about $16,431,000. Institutional investors own 98.99% of the company's stock.
About Tripadvisor
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Get Free ReportTripAdvisor, 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.
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