TripAdvisor Company Profile (NASDAQ:TRIP)

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

TripAdvisor announced that its Board of Directors has approved a share repurchase plan on Friday, April 7th 2017, which authorizes the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 3.3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

TripAdvisor, Inc. (NASDAQ:TRIP) posted its earnings results on Tuesday, August, 8th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.30 by $0.05. The business earned $424 million during the quarter, compared to the consensus estimate of $421.66 million. TripAdvisor had a return on equity of 8.62% and a net margin of 6.26%. The firm's revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.38 earnings per share. View TripAdvisor's Earnings History.

TripAdvisor is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for TripAdvisor.

21 brokers have issued 1 year target prices for TripAdvisor's stock. Their forecasts range from $30.00 to $65.00. On average, they expect TripAdvisor's stock price to reach $44.33 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.  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." (8/8/2017)
• 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)

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

Some companies that are related to TripAdvisor include Tiffany & Co. (TIF), Darden Restaurants (DRI), MercadoLibre (MELI), L Brands (LB), Liberty Interactive Corporation (QVCA), Domino's Pizza (DPZ), Gap, Inc. (The) (GPS), Chipotle Mexican Grill (CMG), Kingfisher plc (KGFHY), IAC/InterActiveCorp (IAC), Nordstrom (JWN), Wm Morrison Sup (MRWSY), Tractor Supply Company (TSCO), Advance Auto Parts (AAP), J Sainsbury plc (JSAIY), Staples (SPLS), Marks and Spencer Group Plc (MAKSY) and Kohl's Corporation (KSS).

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 variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.62%), Jackson Square Partners LLC (7.08%), BlackRock Inc. (6.29%), Carmignac Gestion (4.52%), Bank of New York Mellon Corp (3.49%) and State Street Corp (3.41%). 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 Baillie Gifford & Co., Jackson Square Partners LLC, Macquarie Group Ltd., Coronation Fund Managers Ltd., JPMorgan Chase & Co., Mitsubishi UFJ Trust & Banking Corp, FMR LLC and APG Asset Management N.V.. 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 Matrix Capital Management Company LP, BlackRock Inc., Contrarius Investment Management Ltd, FIL Ltd, Neuberger Berman Group LLC, Parametric Portfolio Associates LLC, First Trust Advisors LP and Marshall Wace North America L.P.. 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 $39.92.