Tripadvisor, Inc. (NASDAQ:TRIP) Receives $17.25 Average Price Target from Analysts

Tripadvisor, Inc. (NASDAQ:TRIP) has been assigned an average recommendation of “Hold” from the thirteen research firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $17.25.

Several analysts recently weighed in on TRIP shares. B. Riley lowered their price objective on Tripadvisor from $20.00 to $18.00 and set a “neutral” rating for the company in a report on Monday, March 10th. Mizuho upgraded Tripadvisor to a “hold” rating in a research report on Friday, April 18th. JPMorgan Chase & Co. boosted their price objective on Tripadvisor from $11.00 to $13.00 and gave the company an “underweight” rating in a research report on Friday, May 9th. StockNews.com upgraded Tripadvisor from a “hold” rating to a “buy” rating in a research report on Monday, February 24th. Finally, Cantor Fitzgerald reduced their price objective on Tripadvisor from $14.00 to $13.00 and set an “underweight” rating for the company in a research report on Friday, February 21st.

Tripadvisor Stock Up 0.3%

Shares of NASDAQ TRIP opened at $15.71 on Friday. Tripadvisor has a 1 year low of $10.43 and a 1 year high of $19.37. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of 785.89, a PEG ratio of 9.01 and a beta of 1.27. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10. The stock’s 50-day simple moving average is $13.27 and its 200-day simple moving average is $14.62.

Tripadvisor (NASDAQ:TRIP) last announced its quarterly earnings data on Wednesday, May 7th. The travel company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.09. The firm had revenue of $398.00 million during the quarter, compared to analyst estimates of $386.94 million. Tripadvisor had a return on equity of 9.02% and a net margin of 0.33%. Tripadvisor’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company earned $0.12 earnings per share. As a group, equities analysts anticipate that Tripadvisor will post 0.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Tripadvisor

Institutional investors have recently added to or reduced their stakes in the company. Bogart Wealth LLC acquired a new stake in Tripadvisor in the fourth quarter worth approximately $30,000. Blue Trust Inc. lifted its position in Tripadvisor by 204.4% in the fourth quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock worth $33,000 after purchasing an additional 1,543 shares during the period. Tsfg LLC acquired a new stake in Tripadvisor in the first quarter worth approximately $35,000. Smartleaf Asset Management LLC lifted its position in Tripadvisor by 86.9% in the first quarter. Smartleaf Asset Management LLC now owns 3,055 shares of the travel company’s stock worth $43,000 after purchasing an additional 1,420 shares during the period. Finally, Aster Capital Management DIFC Ltd lifted its position in Tripadvisor by 83.8% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company’s stock worth $50,000 after purchasing an additional 1,557 shares during the period. 98.99% of the stock is currently owned by institutional investors and hedge funds.

About Tripadvisor

TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.