TripAdvisor, Inc. (NASDAQ:TRIP) Given Average Rating of "Reduce" by Brokerages

Key Points

• Sixteen brokerages give TripAdvisor an average recommendation of "Reduce" (5 sell, 7 hold, 4 buy) with a mean 12‑month target price of about $14.68.
• TripAdvisor missed its most recent quarter—EPS $0.04 vs. $0.15 expected and revenue $411M vs. $412.5M—while the stock trades around $11.19 with a 52‑week range of $9.01–$20.16, market cap ~$1.28B and a P/E of 37.3.
• Institutional ownership is very high (about 98.99%), with major holders like Vanguard, Starboard and Ameriprise having recently increased their stakes.

Shares of TripAdvisor, Inc. (NASDAQ:TRIP - Get Free Report) have been given an average recommendation of "Reduce" by the sixteen ratings firms that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $14.6786.

A number of equities analysts have recently issued reports on the stock. Zacks Research cut shares of TripAdvisor from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 18th. B. Riley Financial dropped their target price on shares of TripAdvisor from $18.00 to $13.00 and set a "neutral" rating for the company in a research report on Wednesday, February 18th. Weiss Ratings reiterated a "sell (d+)" rating on shares of TripAdvisor in a research report on Monday, December 29th. The Goldman Sachs Group dropped their target price on shares of TripAdvisor from $25.00 to $22.00 and set a "buy" rating for the company in a research report on Tuesday, February 17th. Finally, BTIG Research dropped their target price on shares of TripAdvisor from $20.00 to $15.00 and set a "buy" rating for the company in a research report on Friday, February 13th.

TripAdvisor Trading Up 3.0%

Shares of TRIP stock opened at $11.19 on Friday. TripAdvisor has a 52-week low of $9.01 and a 52-week high of $20.16. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 37.30, a P/E/G ratio of 1.61 and a beta of 0.88. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a fifty day moving average of $10.40 and a 200-day moving average of $13.11.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The travel company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.11). TripAdvisor had a net margin of 2.12% and a return on equity of 10.67%. The business had revenue of $411.00 million during the quarter, compared to analyst estimates of $412.53 million. During the same quarter in the prior year, the company posted $0.30 EPS. The company's quarterly revenue was up .0% compared to the same quarter last year. On average, equities research analysts forecast that TripAdvisor will post 0.84 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TripAdvisor

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of TripAdvisor by 6.1% during the 4th quarter. Vanguard Group Inc. now owns 12,567,936 shares of the travel company's stock worth $182,989,000 after purchasing an additional 721,957 shares in the last quarter. Starboard Value LP increased its position in shares of TripAdvisor by 1.4% during the 4th quarter. Starboard Value LP now owns 9,644,996 shares of the travel company's stock worth $140,431,000 after purchasing an additional 134,512 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of TripAdvisor by 24.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,416,019 shares of the travel company's stock worth $120,585,000 after purchasing an additional 1,445,607 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of TripAdvisor by 6.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,762,943 shares of the travel company's stock worth $54,790,000 after purchasing an additional 216,862 shares in the last quarter. Finally, River Road Asset Management LLC increased its position in shares of TripAdvisor by 1.7% during the 4th quarter. River Road Asset Management LLC now owns 3,448,718 shares of the travel company's stock worth $50,213,000 after purchasing an additional 56,159 shares in the last quarter. Institutional investors and hedge funds own 98.99% of the company's stock.

About TripAdvisor

TripAdvisor NASDAQ: TRIP is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company's flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor's offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.