UBS Group Has Lowered Expectations for Tripadvisor (NASDAQ:TRIP) Stock Price

Tripadvisor (NASDAQ:TRIP - Get Free Report) had its target price reduced by investment analysts at UBS Group from $18.00 to $15.00 in a research note issued on Monday,Benzinga reports. The firm currently has a "neutral" rating on the travel company's stock. UBS Group's target price points to a potential upside of 16.69% from the company's previous close.

Other research analysts have also issued reports about the stock. StockNews.com raised shares of Tripadvisor from a "hold" rating to a "buy" rating in a research report on Monday, February 24th. JPMorgan Chase & Co. cut their price objective on Tripadvisor from $15.00 to $11.00 and set an "underweight" rating on the stock in a research report on Tuesday, April 8th. B. Riley decreased their target price on Tripadvisor from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Monday, March 10th. Mizuho upgraded shares of Tripadvisor to a "hold" rating in a research report on Friday, April 18th. Finally, DA Davidson reiterated a "neutral" rating and issued a $16.00 target price on shares of Tripadvisor in a research note on Thursday, February 20th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $17.14.

Tripadvisor Stock Up 3.3 %

TRIP stock traded up $0.41 during mid-day trading on Monday, reaching $12.86. 1,364,272 shares of the company traded hands, compared to its average volume of 2,464,341. 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 firm's 50 day moving average price is $13.32 and its 200 day moving average price is $14.68. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of 642.07, a P/E/G ratio of 9.01 and a beta of 1.25. Tripadvisor has a fifty-two week low of $10.43 and a fifty-two week high of $26.84.

Tripadvisor (NASDAQ:TRIP - Get Free Report) last announced its earnings results on Thursday, February 20th. The travel company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). The company had revenue of $411.00 million for the quarter, compared to analysts' expectations of $400.02 million. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. As a group, equities research analysts predict that Tripadvisor will post 0.46 EPS for the current fiscal year.

Institutional Trading of Tripadvisor

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bogart Wealth LLC bought a new position in shares of Tripadvisor in the fourth quarter worth $30,000. Blue Trust Inc. lifted its position in Tripadvisor by 204.4% in the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company's stock worth $33,000 after buying an additional 1,543 shares during the last quarter. Tsfg LLC purchased a new stake in shares of Tripadvisor in the 1st quarter valued at $35,000. Aster Capital Management DIFC Ltd boosted its position in 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 buying an additional 1,557 shares during the period. Finally, GAMMA Investing LLC grew its holdings in shares of Tripadvisor by 204.7% in the fourth quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company's stock worth $54,000 after purchasing an additional 2,469 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors.

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.