Tripadvisor (NASDAQ:TRIP) Shares Gap Down to $25.48

Shares of Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $25.48, but opened at $17.41. Tripadvisor shares last traded at $18.06, with a volume of 13,063,170 shares trading hands.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. UBS Group increased their price target on Tripadvisor from $21.00 to $27.00 and gave the stock a "neutral" rating in a research report on Friday, February 16th. Truist Financial upped their target price on shares of Tripadvisor from $18.00 to $28.00 and gave the stock a "hold" rating in a research report on Thursday, March 14th. TheStreet upgraded Tripadvisor from a "d+" rating to a "c" rating in a research report on Wednesday, February 14th. Citigroup increased their price target on Tripadvisor from $23.00 to $28.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 17th. Finally, StockNews.com upgraded shares of Tripadvisor from a "hold" rating to a "buy" rating in a research note on Friday, February 23rd. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Tripadvisor presently has a consensus rating of "Hold" and an average price target of $24.12.

Tripadvisor Trading Down 28.7 %

The company has a 50 day moving average of $26.82 and a 200 day moving average of $22.51. The firm has a market cap of $2.50 billion, a P/E ratio of 305.67, a PEG ratio of 1.62 and a beta of 1.56. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.27 and a current ratio of 2.27.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last posted its earnings results on Wednesday, February 14th. The travel company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.07 by $0.14. The firm had revenue of $390.00 million for the quarter, compared to the consensus estimate of $372.93 million. Tripadvisor had a net margin of 0.56% and a return on equity of 11.69%. Analysts predict that Tripadvisor, Inc. will post 0.88 EPS for the current fiscal year.

Institutional Investors Weigh In On Tripadvisor

A number of large investors have recently added to or reduced their stakes in the stock. DekaBank Deutsche Girozentrale acquired a new position in Tripadvisor in the 3rd quarter valued at $34,000. International Assets Investment Management LLC increased its stake in shares of Tripadvisor by 2,053.0% in the fourth quarter. International Assets Investment Management LLC now owns 2,153 shares of the travel company's stock worth $46,000 after purchasing an additional 2,053 shares during the period. Quadrant Capital Group LLC lifted its position in shares of Tripadvisor by 52.6% during the 4th quarter. Quadrant Capital Group LLC now owns 2,497 shares of the travel company's stock worth $54,000 after purchasing an additional 861 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in Tripadvisor during the 1st quarter valued at approximately $83,000. Finally, Tower Research Capital LLC TRC grew its holdings in Tripadvisor by 46.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,158 shares of the travel company's stock valued at $111,000 after buying an additional 1,641 shares during the last quarter. Institutional investors own 98.99% of the company's stock.

About Tripadvisor

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.