TripAdvisor, Inc. (NASDAQ:TRIP - Get Free Report) shares traded down 5.6% during mid-day trading on Tuesday . The company traded as low as $18.07 and last traded at $17.80. 245,538 shares were traded during trading, a decline of 92% from the average session volume of 3,108,487 shares. The stock had previously closed at $18.86.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the company. B. Riley increased their price target on TripAdvisor from $17.00 to $21.00 and gave the stock a "neutral" rating in a research report on Monday, August 11th. Bank of America started coverage on TripAdvisor in a research report on Monday, July 14th. They set a "neutral" rating and a $19.00 price objective on the stock. UBS Group reaffirmed a "neutral" rating on shares of TripAdvisor in a research report on Sunday, August 10th. DA Davidson set a $16.25 price objective on TripAdvisor in a research report on Tuesday, July 8th. Finally, Citigroup increased their price target on TripAdvisor from $16.00 to $19.00 and gave the company a "neutral" rating in a research note on Monday, August 18th. Eight research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and an average target price of $17.36.
Read Our Latest Stock Report on TRIP
TripAdvisor Price Performance
The company has a debt-to-equity ratio of 1.37, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a 50 day moving average price of $17.49 and a 200-day moving average price of $15.00. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of 37.11, a price-to-earnings-growth ratio of 2.81 and a beta of 1.27.
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 the consensus estimate 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 for the quarter, compared to analyst estimates of $529.91 million. During the same quarter in the prior year, the company posted $0.39 EPS. The company's quarterly 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. On average, analysts forecast that TripAdvisor, Inc. will post 0.46 earnings per share for the current year.
Institutional Trading of TripAdvisor
A number of hedge funds have recently added to or reduced their stakes in TRIP. Tsfg LLC acquired a new stake in TripAdvisor during the 1st quarter worth approximately $35,000. Smartleaf Asset Management LLC lifted its holdings in shares of TripAdvisor by 86.9% in the 1st quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company's stock valued at $43,000 after buying an additional 1,420 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of TripAdvisor by 308.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,077 shares of the travel company's stock valued at $53,000 after buying an additional 3,078 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in shares of 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 buying an additional 3,144 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of TripAdvisor by 376.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,127 shares of the travel company's stock valued at $67,000 after buying an additional 4,052 shares during the period. 98.99% of the stock is owned by institutional investors and hedge funds.
About TripAdvisor
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider TripAdvisor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TripAdvisor wasn't on the list.
While TripAdvisor currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
