Brokerages Set TripAdvisor, Inc. (NASDAQ:TRIP) Price Target at $14.12

Shares of TripAdvisor, Inc. (NASDAQ:TRIP) have been given a consensus rating of “Reduce” by the fifteen research firms that are currently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $14.1154.

Several equities analysts recently weighed in on the stock. B. Riley Financial decreased their target price on shares of TripAdvisor from $13.00 to $12.50 and set a “neutral” rating for the company in a research note on Monday, August 10th. Cantor Fitzgerald dropped their price target on shares of TripAdvisor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Friday, August 7th. BTIG Research cut shares of TripAdvisor from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 21st. Barclays decreased their price objective on shares of TripAdvisor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Monday, May 11th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of TripAdvisor in a research note on Wednesday, August 12th.

Hedge Funds Weigh In On TripAdvisor

A number of institutional investors have recently bought and sold shares of TRIP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of TripAdvisor by 29.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 81,998 shares of the travel company’s stock valued at $1,162,000 after buying an additional 18,699 shares during the last quarter. Jones Financial Companies Lllp raised its stake in TripAdvisor by 1,183.2% in the 1st quarter. Jones Financial Companies Lllp now owns 6,416 shares of the travel company’s stock valued at $85,000 after acquiring an additional 5,916 shares during the period. Empowered Funds LLC lifted its holdings in TripAdvisor by 14.2% during the 1st quarter. Empowered Funds LLC now owns 13,475 shares of the travel company’s stock valued at $191,000 after purchasing an additional 1,676 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in TripAdvisor by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,532 shares of the travel company’s stock valued at $4,216,000 after purchasing an additional 22,136 shares during the last quarter. Finally, Creative Planning bought a new position in TripAdvisor during the second quarter worth $349,000. Institutional investors and hedge funds own 98.99% of the company’s stock.

TripAdvisor Stock Performance

Shares of NASDAQ TRIP opened at $9.29 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a 50 day moving average price of $12.45 and a 200 day moving average price of $11.36. The stock has a market capitalization of $1.09 billion, a PE ratio of 929.93, a price-to-earnings-growth ratio of 3.57 and a beta of 0.83. TripAdvisor has a 52 week low of $9.01 and a 52 week high of $20.16.

TripAdvisor (NASDAQ:TRIP) last posted its quarterly earnings results on Thursday, August 6th. The travel company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.03). TripAdvisor had a return on equity of 4.23% and a net margin of 0.28%.The company had revenue of $385.30 million for the quarter, compared to analyst estimates of $506.27 million. During the same period last year, the firm earned $0.46 EPS. The firm’s revenue for the quarter was down 7.2% compared to the same quarter last year. Analysts predict that TripAdvisor will post 0.36 earnings per share for the current fiscal year.

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.