TripAdvisor (NASDAQ:TRIP) Downgraded by Wall Street Zen to Buy

Key Points

• TripAdvisor has been downgraded from a "strong-buy" to a "buy" rating by Wall Street Zen, reflecting a shift in sentiment regarding the company's stock performance.
• The company's recent quarterly earnings showed a slight increase in EPS to $0.46, exceeding expectations, but revenue was just below estimates at $529 million.
• TripAdvisor's shares experienced a 3.5% decline, opening at $14.91 as various analysts issued ratings suggesting a consensus of "Reduce" with an average price target of $17.03.

TripAdvisor (NASDAQ:TRIP - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research note issued to investors on Saturday.

TRIP has been the subject of several other research reports. Bank of America initiated coverage on TripAdvisor in a report on Monday, July 14th. They issued a "neutral" rating and a $19.00 price objective for the company. Citigroup increased their price objective on TripAdvisor from $16.00 to $19.00 and gave the stock a "neutral" rating in a report on Monday, August 18th. UBS Group reiterated a "neutral" rating on shares of TripAdvisor in a report on Sunday, August 10th. Weiss Ratings reiterated a "hold (c)" rating on shares of TripAdvisor in a report on Wednesday. Finally, B. Riley increased their price objective on TripAdvisor from $17.00 to $21.00 and gave the stock a "neutral" rating in a report on Monday, August 11th. Eight equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, TripAdvisor has a consensus rating of "Reduce" and an average price target of $17.03.

TripAdvisor Trading Down 3.5%

Shares of TRIP stock opened at $14.91 on Friday. The stock has a market capitalization of $1.73 billion, a PE ratio of 31.06, a P/E/G ratio of 2.40 and a beta of 1.21. TripAdvisor has a 1-year low of $10.43 and a 1-year high of $20.16. The business has a 50-day moving average of $17.18 and a 200 day moving average of $15.34. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The travel company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. TripAdvisor had a return on equity of 12.40% and a net margin of 3.53%.The business had revenue of $529.00 million during the quarter, compared to analyst estimates of $529.91 million. During the same quarter in the prior year, the company posted $0.39 EPS. TripAdvisor's quarterly revenue was up 6.4% compared to the same quarter last year. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that TripAdvisor will post 0.46 earnings per share for the current year.

Insider Activity

In other news, insider Seth J. Kalvert sold 10,880 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $20.04, for a total value of $218,035.20. Following the completion of the transaction, the insider owned 136,914 shares of the company's stock, valued at approximately $2,743,756.56. This represents a 7.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.10% of the company's stock.

Institutional Trading of TripAdvisor

Several hedge funds and other institutional investors have recently made changes to their positions in TRIP. Certares Management LLC grew its stake in shares of TripAdvisor by 177.3% in the 2nd quarter. Certares Management LLC now owns 4,751,818 shares of the travel company's stock worth $62,011,000 after buying an additional 3,037,959 shares during the last quarter. Nuveen LLC purchased a new stake in shares of TripAdvisor in the 1st quarter worth approximately $32,536,000. Federated Hermes Inc. grew its stake in shares of TripAdvisor by 375.4% in the 2nd quarter. Federated Hermes Inc. now owns 2,137,374 shares of the travel company's stock worth $27,893,000 after buying an additional 1,687,816 shares during the last quarter. Royal Bank of Canada grew its stake in shares of TripAdvisor by 82,306.8% in the 1st quarter. Royal Bank of Canada now owns 1,528,647 shares of the travel company's stock worth $21,661,000 after buying an additional 1,526,792 shares during the last quarter. Finally, Palliser Capital UK Ltd purchased a new stake in shares of TripAdvisor in the 2nd quarter worth approximately $16,192,000. Hedge funds and other 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.

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