TripAdvisor Company Profile (NASDAQ:TRIP)

TripAdvisor trades on the NASDAQ under the ticker symbol "TRIP."

TripAdvisor announced that its Board of Directors has initiated a share repurchase program on Friday, April 7th 2017, which authorizes the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

TripAdvisor, Inc. (NASDAQ:TRIP) issued its earnings results on Tuesday, May, 9th. The company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.17 by $0.01. The business had revenue of $372 million for the quarter, compared to analysts' expectations of $376.67 million. TripAdvisor had a return on equity of 8.87% and a net margin of 6.87%. The company's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.33 earnings per share. View TripAdvisor's Earnings History.

TripAdvisor is scheduled to release their next quarterly earnings announcement on Tuesday, August, 8th 2017. View Earnings Estimates for TripAdvisor.

22 brokers have issued twelve-month target prices for TripAdvisor's stock. Their predictions range from $34.00 to $67.00. On average, they expect TripAdvisor's share price to reach $48.27 in the next year. View Analyst Ratings for TripAdvisor.

Here are some recent quotes from research analysts about TripAdvisor stock:

• 1. According to Zacks Investment Research, "TripAdvisor is one of the largest online travel research companies in the world. The company's first quarter earnings and revenue missed the Zacks Consensus Estimate. Also, over the last one year, the stock has underperformed the Zacks characterised Electronic Commerce Industry. However, the secular growth trend in the online travel space, the company’s solid fundamentals, growth initiatives, partnerships to boost hotel bookings, strong focus on developing its mobile products, expansion into the international restaurant reservation space and improvement in user growth and engagement, especially related to mobile devices are likely to help the company to achieve desired results. Macro headwinds, increasing competition and uncertainty regarding the timeline for recovery of investments remain overhangs." (7/11/2017)
• 2. Cantor Fitzgerald analysts commented, "1Q was below expectations, with revenue of $372M (+6% Y/Y) vs. (FactSet) consensus estimate of $376M. EBITDA was $73M vs. consensus of $74M, while." (5/10/2017)
• 3. Cowen and Company analysts commented, "Late Monday TRIP's Chairman noted TRIP takeout potential and his view that BABA, FB, & AMZN may be acquirers in the space. Our thoughts: (1) We view the comments as a bad sign for TRIP fundamentals; (2) we expect increased takeout speculation; (3) "Meta Wars" challenges make a sale at $40+ difficult before year-end, but outlook could improve longer-term if product & brand initiatives succeed." (3/8/2017)
• 4. Needham & Company LLC analysts commented, "We downgrade TRIP to underperform because: 1) Instant Booking's business model (i.e., pay after the stay) has lower ROIs than expected; 2) TRIP's CPMs on mobile are monetizing at 1/3 the rate of desktop - a revenue headwind; 3) TRIP's strategic pivot from review site to booking engine is proving more expensive than hoped; 4) TRIP can't win a marketing war because even if TRIP spends 100% of their 2017 projected revenue of $1.6B, this would be less than half PCLN's or EXPE's marketing; 5) guidance for double-digit revenue growth coupled with flat to down EBITDA implies no incremental revenue is benefiting shareholders in 2017, adding risk; and 6) at current trading levels, TRIP looks expensive at 3.7x 2017 revenue, 17.8x EV/EBITDA and at a P/E of 39x. We think TRIP is worth $37-38/share, and thus we are downgrading to underperform." (2/28/2017)
• 5. Jefferies Group LLC analysts commented, "TripAdvisor reported another miss qtr as 2H recovery was softer than expected. The impact of IB on rev per hotel shopper (improving but still down 7% Y/Y) continues to put pressure on Hotel segment direct mktg spend and competitors keep outspending TRIP in paid mktg channels. To counter that, going into 2017 mgmt plans to materially increase performance mktg spend to trade some profitability for top line growth' TripAdvisor reported Q4 results well below expectations with total rev up 2% Y/Y (+4% ex-FX) to $316MM, below Street's $327MM. Adj EBITDA came in at $58MM, below Street's $77MM, while Operating EPS of $0.16 missed cons by $0.14. Hotel revenue declined 3% Y/Y to $252MM while Non-Hotel revenue increased 31% Y/Y to $64MM." (2/17/2017)

TripAdvisor saw a decrease in short interest in the month of July. As of July 14th, there was short interest totalling 17,811,965 shares, a decrease of 5.8% from the June 30th total of 18,900,116 shares. Based on an average trading volume of 1,670,017 shares, the days-to-cover ratio is currently 10.7 days. Approximately 16.2% of the company's shares are sold short.

Some companies that are related to TripAdvisor include Darden Restaurants (DRI), Metro AG (MTTRY), Chipotle Mexican Grill (CMG), Gap, Inc. (The) (GPS), Domino's Pizza (DPZ), Kingfisher plc (KGFHY), IAC/InterActiveCorp (IAC), Nordstrom (JWN), Advance Auto Parts (AAP), Wm Morrison Sup (MRWSY), Macy's (M), J Sainsbury plc (JSAIY), Tractor Supply Company (TSCO), Kohl's Corporation (KSS), Marks and Spencer Group Plc (MAKSY), Wayfair (W), Staples (SPLS) and Herbalife LTD. (HLF).

TripAdvisor's management team includes the folowing people:

• Gregory B. Maffei, Chairman of the Board
• Stephen Kaufer, President, Chief Executive Officer, Director
• Ernst J. Teunissen, Chief Financial Officer, Senior Vice President, Treasurer
• Dermot M. Halpin, President - Vacation Rentals and Attractions
• Barrie Seidenberg, Chief Executive Officer - Attractions
• Seth J. Kalvert, Senior Vice President, General Counsel, Secretary
• Albert E. Rosenthaler, Director
• Sukhinder Singh Cassidy, Independent Director
• Dipchand V. Nishar, Independent Director
• Jeremy Philips, Independent Director

TripAdvisor's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BAILLIE GIFFORD & COMPANY (3.32%), Russell Investments Group Ltd. (0.28%), Marathon Asset Management LLP (0.24%), DnB Asset Management AS (0.20%), CWM LLC (0.09%) and Chevy Chase Trust Holdings Inc. (0.07%). Company insiders that own TripAdvisor stock include Barrie Seidenberg, Dermot Halpin and Seth J Kalvert. View Institutional Ownership Trends for TripAdvisor.

TripAdvisor's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., DnB Asset Management AS, Russell Investments Group Ltd., Nisa Investment Advisors LLC, OLD National Bancorp IN, Exxonmobil Investment Management Inc. TX, Chevy Chase Trust Holdings Inc. and Hartford Investment Management Co.. Company insiders that have sold TripAdvisor stock in the last year include Barrie Seidenberg, Dermot Halpin and Seth J Kalvert. View Insider Buying and Selling for TripAdvisor.

TripAdvisor's stock was bought by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, CWM LLC, Malaga Cove Capital LLC, Meeder Asset Management Inc., Mn Services Vermogensbeheer B.V., Bank of Montreal Can, Aperio Group LLC and Financial Architects Inc. View Insider Buying and Selling for TripAdvisor.

Shares of TripAdvisor can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of TripAdvisor stock can currently be purchased for approximately $38.82.