Tripadvisor (NASDAQ:TRIP) Issues Earnings Results

Tripadvisor (NASDAQ:TRIP) announced its quarterly earnings results on Thursday. The travel company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08), Zacks reports. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%.

Tripadvisor Stock Performance

Tripadvisor stock traded down $1.11 during midday trading on Thursday, hitting $16.59. The company’s stock had a trading volume of 2,852,732 shares, compared to its average volume of 2,506,657. Tripadvisor has a 1-year low of $12.93 and a 1-year high of $28.76. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.85 and a quick ratio of 1.85. The company has a 50-day moving average price of $15.90 and a two-hundred day moving average price of $14.99. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 71.98, a PEG ratio of 9.63 and a beta of 1.34.

Wall Street Analysts Forecast Growth

TRIP has been the subject of a number of recent analyst reports. UBS Group cut their price target on shares of Tripadvisor from $18.00 to $17.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. TD Cowen increased their price target on shares of Tripadvisor from $15.00 to $20.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Wedbush reiterated a “neutral” rating and issued a $17.00 price target on shares of Tripadvisor in a research note on Thursday, December 19th. B. Riley raised their target price on shares of Tripadvisor from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Finally, Cantor Fitzgerald reduced their target price on shares of Tripadvisor from $12.00 to $11.00 and set an “underweight” rating for the company in a report on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Tripadvisor currently has a consensus rating of “Hold” and a consensus price target of $17.50.

Tripadvisor Company Profile

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.