TripAdvisor, Inc. (NASDAQ:TRIP) Receives Average Rating of "Hold" from Analysts

Shares of TripAdvisor, Inc. (NASDAQ:TRIP - Get Free Report) have received an average rating of "Hold" from the fourteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $17.40.

A number of equities analysts have commented on TRIP shares. Citigroup started coverage on shares of TripAdvisor in a research report on Wednesday, May 28th. They set a "neutral" rating and a $16.00 price objective for the company. DA Davidson set a $16.25 price target on shares of TripAdvisor in a report on Tuesday, July 8th. Mizuho upgraded shares of TripAdvisor to a "hold" rating in a research note on Friday, April 18th. JPMorgan Chase & Co. raised their price objective on shares of TripAdvisor from $11.00 to $13.00 and gave the company an "underweight" rating in a research note on Friday, May 9th. Finally, Bank of America assumed coverage on shares of TripAdvisor in a research note on Monday, July 14th. They issued a "neutral" rating and a $19.00 price objective for the company.

TripAdvisor Stock Down 0.4%

Shares of TripAdvisor stock traded down $0.08 during trading hours on Thursday, hitting $17.82. The company had a trading volume of 1,678,813 shares, compared to its average volume of 5,407,611. The company's 50-day moving average is $15.12 and its two-hundred day moving average is $14.82. TripAdvisor has a twelve month low of $10.43 and a twelve month high of $18.66. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.90 and a quick ratio of 1.90. The company has a market cap of $2.53 billion, a P/E ratio of 48.16, a price-to-earnings-growth ratio of 2.71 and a beta of 1.28.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The travel company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.09. The firm had revenue of $398.00 million during the quarter, compared to analysts' expectations of $386.94 million. TripAdvisor had a net margin of 2.94% and a return on equity of 10.68%. TripAdvisor's quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.12 EPS. Analysts anticipate that TripAdvisor will post 0.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other TripAdvisor news, CEO Almir Ambeskovic sold 16,643 shares of the firm's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $15.33, for a total transaction of $255,137.19. Following the sale, the chief executive officer directly owned 15,931 shares of the company's stock, valued at $244,222.23. This trade represents a 51.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.10% of the company's stock.

Institutional Investors Weigh In On TripAdvisor

Hedge funds have recently modified their holdings of the company. Tsfg LLC acquired a new position in TripAdvisor during the first quarter valued at approximately $35,000. Smartleaf Asset Management LLC boosted its holdings in shares of TripAdvisor by 86.9% during the first quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company's stock valued at $43,000 after acquiring an additional 1,420 shares during the period. Aster Capital Management DIFC Ltd boosted its holdings in shares of TripAdvisor by 83.8% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company's stock valued at $50,000 after acquiring an additional 1,557 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in TripAdvisor by 419.8% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,893 shares of the travel company's stock worth $55,000 after purchasing an additional 3,144 shares during the period. Finally, Quarry LP raised its position in TripAdvisor by 571.0% in the first quarter. Quarry LP now owns 5,697 shares of the travel company's stock worth $81,000 after acquiring an additional 4,848 shares in the last quarter. 98.99% of the stock is owned by institutional investors and hedge funds.

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.