Brokerages Set TripAdvisor, Inc. (NASDAQ:TRIP) Price Target at $17.27

TripAdvisor, Inc. (NASDAQ:TRIP - Get Free Report) has been given an average rating of "Hold" by the thirteen research firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $17.27.

A number of equities research analysts have issued reports on TRIP shares. Mizuho upgraded TripAdvisor to a "hold" rating in a research note on Friday, April 18th. B. Riley decreased their target price on TripAdvisor from $20.00 to $18.00 and set a "neutral" rating on the stock in a research note on Monday, March 10th. UBS Group boosted their price target on TripAdvisor from $15.00 to $16.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. JPMorgan Chase & Co. increased their price objective on shares of TripAdvisor from $11.00 to $13.00 and gave the company an "underweight" rating in a report on Friday, May 9th. Finally, Wall Street Zen downgraded shares of TripAdvisor from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 14th.

TripAdvisor Stock Performance

NASDAQ TRIP traded up $1.00 on Friday, hitting $14.87. 2,402,277 shares of the company traded hands, compared to its average volume of 2,577,378. The business's 50 day moving average price is $13.77 and its 200-day moving average price is $14.43. TripAdvisor has a 52-week low of $10.43 and a 52-week high of $18.66. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.88. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 39.93, a P/E/G ratio of 2.26 and a beta of 1.28.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The travel company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.09. TripAdvisor had a return on equity of 10.68% and a net margin of 2.94%. The company had revenue of $398.00 million during the quarter, compared to the consensus estimate of $386.94 million. During the same period in the previous year, the company posted $0.12 EPS. The firm's revenue was up .8% on a year-over-year basis. Equities analysts expect that TripAdvisor will post 0.46 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Almir Ambeskovic sold 16,643 shares of the business's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $15.33, for a total transaction of $255,137.19. Following the transaction, the chief executive officer owned 15,931 shares of the company's stock, valued at approximately $244,222.23. The trade was a 51.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.10% of the stock is owned by insiders.

Institutional Investors Weigh In On TripAdvisor

Institutional investors have recently made changes to their positions in the company. Tsfg LLC purchased a new stake in TripAdvisor in the 1st quarter worth about $35,000. Smartleaf Asset Management LLC boosted its holdings in TripAdvisor by 86.9% during the 1st 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 grew its position in TripAdvisor by 83.8% in the 4th 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 last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in TripAdvisor by 419.8% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,893 shares of the travel company's stock valued at $55,000 after acquiring an additional 3,144 shares during the last quarter. Finally, SRS Capital Advisors Inc. bought a new stake in shares of TripAdvisor during the fourth quarter worth $71,000. Institutional investors own 98.99% of the company's stock.

TripAdvisor Company Profile

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.