Tripadvisor (TRIP) Scheduled to Post Quarterly Earnings on Tuesday

Tripadvisor (NASDAQ:TRIP) is scheduled to announce its earnings results after the market closes on Tuesday, May 7th. Persons interested in listening to the company’s earnings conference call can do so using this link.

Tripadvisor (NASDAQ:TRIP) last announced its quarterly earnings results on Wednesday, February 14th. The travel company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.07 by $0.14. The firm had revenue of $390.00 million for the quarter, compared to analyst estimates of $372.93 million. Tripadvisor had a return on equity of 11.69% and a net margin of 0.56%. On average, analysts expect Tripadvisor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tripadvisor Stock Performance

TRIP stock opened at $25.79 on Monday. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.27 and a quick ratio of 2.27. Tripadvisor has a 1-year low of $14.15 and a 1-year high of $28.76. The business has a 50-day moving average price of $26.88 and a 200 day moving average price of $22.36. The company has a market capitalization of $3.56 billion, a P/E ratio of 429.83, a PEG ratio of 1.62 and a beta of 1.56.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. TheStreet raised shares of Tripadvisor from a “d+” rating to a “c” rating in a research report on Wednesday, February 14th. UBS Group upped their target price on Tripadvisor from $21.00 to $27.00 and gave the stock a “neutral” rating in a report on Friday, February 16th. BMO Capital Markets lifted their price target on Tripadvisor from $20.00 to $23.00 and gave the company a “market perform” rating in a report on Friday, February 16th. StockNews.com upgraded Tripadvisor from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. Finally, B. Riley reiterated a “buy” rating and issued a $34.00 target price (up previously from $27.00) on shares of Tripadvisor in a research note on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $24.12.

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.