TripAdvisor Company Profile (NASDAQ:TRIP)

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

TripAdvisor declared that its Board of Directors has authorized a share buyback program on Friday, April 7th 2017, which authorizes the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.3% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.

TripAdvisor, Inc. (NASDAQ:TRIP) posted its quarterly earnings data on Tuesday, August, 8th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.05. The business had revenue of $424 million for the quarter, compared to analyst estimates of $421.66 million. TripAdvisor had a net margin of 6.26% and a return on equity of 8.62%. The firm's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.38 EPS. 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 equities research analysts have issued 12-month price objectives for TripAdvisor's stock. Their predictions range from $30.00 to $65.00. On average, they expect TripAdvisor's share price to reach $42.73 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 increase in short interest in August. As of August 15th, there was short interest totalling 19,602,752 shares, an increase of 11.6% from the July 31st total of 17,559,752 shares. Based on an average daily trading volume, of 5,271,705 shares, the days-to-cover ratio is currently 3.7 days. Currently, 17.9% of the company's shares are short sold.

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

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 retail and institutional 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 and Dermot Halpin. View Insider Buying and Selling for TripAdvisor.

TripAdvisor's stock was purchased 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 $44.24.