TripAdvisor (NASDAQ:TRIP) Shares Up 5% – Should You Buy?

Shares of TripAdvisor, Inc. (NASDAQ:TRIP) were up 5% on Tuesday . The company traded as high as $14.44 and last traded at $14.4650. Approximately 1,012,677 shares were traded during trading, a decline of 65% from the average daily volume of 2,929,953 shares. The stock had previously closed at $13.77.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TRIP. B. Riley decreased their price target on TripAdvisor from $21.00 to $18.00 and set a “neutral” rating on the stock in a research report on Monday, November 10th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of TripAdvisor in a research report on Monday, December 22nd. Barclays lowered their price objective on shares of TripAdvisor from $14.00 to $13.00 and set an “underweight” rating for the company in a research note on Friday, November 7th. Jefferies Financial Group dropped their price objective on shares of TripAdvisor from $13.00 to $12.50 and set an “underperform” rating on the stock in a report on Thursday, December 11th. Finally, Mizuho set a $17.00 target price on TripAdvisor and gave the company a “neutral” rating in a research note on Friday, November 14th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, TripAdvisor currently has an average rating of “Reduce” and a consensus target price of $16.25.

TripAdvisor Price Performance

The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.21. The business has a 50-day moving average of $15.09 and a 200 day moving average of $16.07. The firm has a market capitalization of $1.71 billion, a PE ratio of 22.71, a price-to-earnings-growth ratio of 2.76 and a beta of 1.01.

TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Thursday, November 6th. The travel company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. TripAdvisor had a net margin of 4.23% and a return on equity of 14.77%. The firm had revenue of $553.00 million during the quarter, compared to analyst estimates of $562.92 million. During the same quarter in the prior year, the business posted $0.50 EPS. The business’s revenue was up 3.9% compared to the same quarter last year. As a group, research analysts anticipate that TripAdvisor, Inc. will post 0.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TRIP. Y Intercept Hong Kong Ltd boosted its holdings in shares of TripAdvisor by 136.4% in the second quarter. Y Intercept Hong Kong Ltd now owns 49,188 shares of the travel company’s stock worth $642,000 after acquiring an additional 28,377 shares during the period. Bank of New York Mellon Corp raised its stake in shares of TripAdvisor by 7.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 799,569 shares of the travel company’s stock valued at $10,434,000 after purchasing an additional 54,954 shares during the period. Raymond James Financial Inc. lifted its holdings in TripAdvisor by 16.9% during the 1st quarter. Raymond James Financial Inc. now owns 238,094 shares of the travel company’s stock worth $3,374,000 after purchasing an additional 34,347 shares in the last quarter. Greenland Capital Management LP boosted its stake in TripAdvisor by 176.4% in the 2nd quarter. Greenland Capital Management LP now owns 294,151 shares of the travel company’s stock worth $3,839,000 after purchasing an additional 187,734 shares during the period. Finally, Toronado Partners LLC grew its holdings in TripAdvisor by 5.8% during the 2nd quarter. Toronado Partners LLC now owns 990,649 shares of the travel company’s stock valued at $12,928,000 after buying an additional 54,042 shares in the last quarter. Institutional investors own 98.99% of the company’s stock.

About TripAdvisor

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.