TripAdvisor (NASDAQ:TRIP) Upgraded by Wall Street Zen to "Strong-Buy" Rating

Key Points

• TripAdvisor's stock has been upgraded to a "strong-buy" rating by Wall Street Zen, reflecting increased confidence among analysts regarding the company's performance.
• Citigroup and B. Riley have raised their price targets for TripAdvisor to $19.00 and $21.00 respectively, though both maintain a "neutral" rating for the stock.
• In its latest quarterly earnings, TripAdvisor reported $0.46 earnings per share, which exceeded analysts' expectations and marks an increase from the previous year's earnings.

TripAdvisor (NASDAQ:TRIP - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Saturday.

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

TripAdvisor Stock Performance

TripAdvisor stock opened at $17.73 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $2.06 billion, a PE ratio of 36.94, a P/E/G ratio of 2.84 and a beta of 1.27. The firm has a fifty day simple moving average of $17.46 and a two-hundred day simple moving average of $14.97. TripAdvisor has a twelve month low of $10.43 and a twelve month high of $19.26.

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

Hedge Funds Weigh In On TripAdvisor

Several hedge funds and other institutional investors have recently modified their holdings of TRIP. Ameriprise Financial Inc. grew its holdings in TripAdvisor by 5.9% in the second 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 during the period. Certares Management LLC grew its holdings in 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 purchasing an additional 3,037,959 shares during the period. Geode Capital Management LLC grew its holdings in TripAdvisor by 48.9% in the second quarter. Geode Capital Management LLC now owns 2,837,654 shares of the travel company's stock worth $37,036,000 after purchasing an additional 931,283 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in TripAdvisor by 53.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,629,098 shares of the travel company's stock worth $34,310,000 after purchasing an additional 912,999 shares during the period. Finally, Nuveen LLC purchased a new stake in TripAdvisor in the first quarter worth about $32,536,000. 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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