Analysts Set Tripadvisor, Inc. (NASDAQ:TRIP) PT at $17.27

Shares of Tripadvisor, Inc. (NASDAQ:TRIP - Get Free Report) have been given a consensus recommendation of "Hold" by the thirteen brokerages that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $17.27.

TRIP has been the subject of a number of research analyst reports. Cantor Fitzgerald lowered their target price on Tripadvisor from $14.00 to $13.00 and set an "underweight" rating for the company in a research note on Friday, February 21st. DA Davidson raised their price objective on Tripadvisor from $16.00 to $16.25 and gave the company a "neutral" rating in a research report on Thursday, May 29th. JPMorgan Chase & Co. boosted their target price on shares of Tripadvisor from $11.00 to $13.00 and gave the company an "underweight" rating in a report on Friday, May 9th. B. Riley decreased their price target on shares of Tripadvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research note on Monday, March 10th. Finally, Wall Street Zen upgraded shares of Tripadvisor from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 24th.

Tripadvisor Trading Down 2.1%

Shares of NASDAQ:TRIP traded down $0.30 during midday trading on Wednesday, hitting $14.14. 3,231,692 shares of the stock traded hands, compared to its average volume of 2,403,861. The company has a quick ratio of 1.85, a current ratio of 2.10 and a debt-to-equity ratio of 0.93. The business's 50 day moving average is $13.25 and its two-hundred day moving average is $14.49. The stock has a market capitalization of $2.01 billion, a PE ratio of 707.35, a P/E/G ratio of 9.01 and a beta of 1.27. Tripadvisor has a one year low of $10.43 and a one year high of $18.80.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The travel company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.09. The business had revenue of $398.00 million during the quarter, compared to analysts' expectations of $386.94 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. The business's revenue was up .8% on a year-over-year basis. During the same quarter last year, the business posted $0.12 EPS. As a group, research analysts forecast that Tripadvisor will post 0.46 earnings per share for the current year.

Insider Activity at Tripadvisor

In other Tripadvisor news, CEO Almir Ambeskovic sold 16,643 shares of the stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $15.33, for a total value of $255,137.19. Following the transaction, the chief executive officer now directly owns 15,931 shares in the company, valued at approximately $244,222.23. This trade represents a 51.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.10% of the stock is currently owned by company insiders.

Institutional Trading of Tripadvisor

Several hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC purchased a new position in shares of Tripadvisor during the 4th quarter valued at about $308,000. Blue Trust Inc. lifted its holdings in Tripadvisor by 204.4% during the fourth quarter. Blue Trust Inc. now owns 2,298 shares of the travel company's stock valued at $33,000 after purchasing an additional 1,543 shares in the last quarter. Empowered Funds LLC bought a new position in shares of Tripadvisor in the fourth quarter worth approximately $174,000. Lightrock Netherlands B.V. bought a new position in shares of Tripadvisor in the fourth quarter worth approximately $7,607,000. Finally, Essex Financial Services Inc. purchased a new stake in shares of Tripadvisor in the fourth quarter worth $262,000. 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.