TripAdvisor (NASDAQ:TRIP) Hits New 52-Week High - What's Next?

Key Points

• TripAdvisor's stock reached a new 52-week high of $20.14 during trading, reflecting a significant increase from its previous closing price of $19.14.
• Analysts have been optimistic, with B. Riley raising their price target to $21.00 and Wall Street Zen upgrading the stock from "buy" to "strong-buy."
• The company reported an earnings per share (EPS) of $0.46 for the last quarter, surpassing analysts' expectations of $0.43, while revenue rose 6.4% year-over-year.

TripAdvisor, Inc. (NASDAQ:TRIP - Get Free Report)'s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $20.14 and last traded at $20.01, with a volume of 1060888 shares trading hands. The stock had previously closed at $19.14.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TRIP. UBS Group restated a "neutral" rating on shares of TripAdvisor in a research note on Sunday, August 10th. DA Davidson set a $16.25 price objective on TripAdvisor in a research report on Tuesday, July 8th. B. Riley upped their price objective on TripAdvisor from $17.00 to $21.00 and gave the company a "neutral" rating in a research note on Monday, August 11th. Bank of America initiated coverage on TripAdvisor in a research note on Monday, July 14th. They set a "neutral" rating and a $19.00 target price on the stock. Finally, Citigroup increased their price target on shares of TripAdvisor from $16.00 to $19.00 and gave the company a "neutral" rating in a research report on Monday, August 18th. Eight analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Reduce" and a consensus target price of $17.36.

TripAdvisor Price Performance

The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.24 and a current ratio of 1.24. The company has a market cap of $2.19 billion, a P/E ratio of 39.23, a P/E/G ratio of 2.98 and a beta of 1.27. The firm's fifty day moving average is $17.56 and its two-hundred day moving average is $15.13.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last announced 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 company had revenue of $529.00 million during the quarter, compared to analyst estimates of $529.91 million. During the same period in the prior year, the company earned $0.39 earnings per share. The firm's revenue was up 6.4% on a year-over-year basis. TripAdvisor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts anticipate that TripAdvisor, Inc. will post 0.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TripAdvisor

Large investors have recently modified their holdings of the business. Ameriprise Financial Inc. boosted its stake in TripAdvisor by 5.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,970,412 shares of the travel company's stock worth $77,915,000 after purchasing an additional 335,028 shares in the last quarter. Certares Management LLC raised its holdings in shares of TripAdvisor by 177.3% in the second 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. Geode Capital Management LLC lifted its stake in shares of TripAdvisor by 48.9% during the second quarter. Geode Capital Management LLC now owns 2,837,654 shares of the travel company's stock worth $37,036,000 after buying an additional 931,283 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of TripAdvisor by 53.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,629,098 shares of the travel company's stock valued at $34,310,000 after buying an additional 912,999 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of TripAdvisor in the 1st quarter valued at $32,536,000. Hedge funds and other 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.