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Research analysts at UBS AG cut their earnings per share (EPS) estimates on shares of TripAdvisor (NASDAQ:TRIP) in a report released on Wednesday, Stock Ratings Network.com reports. The firm currently has a “neutral” rating and a $86.00 target price on the company’s shares. UBS AG’s price target indicates a potential downside of 4.73% from the stock’s previous close. The analysts noted that the move was a valuation call.

Shares of TripAdvisor (NASDAQ:TRIP) traded up 6.73% on Wednesday, hitting $89.87. The stock had a trading volume of 4,732,822 shares. TripAdvisor has a 1-year low of $42.04 and a 1-year high of $90.43. The stock has a 50-day moving average of $81.43 and a 200-day moving average of $79.26. The company has a market cap of $12.767 billion and a P/E ratio of 55.98. TripAdvisor also saw unusually large options trading activity on Tuesday. Stock investors purchased 11,730 put options on the stock. This represents an increase of 775% compared to the average volume of 1,341 put options.

TripAdvisor (NASDAQ:TRIP) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.21 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.21. The company had revenue of $212.70 million for the quarter, compared to the consensus estimate of $205.80 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s quarterly revenue was up 25.6% on a year-over-year basis. Analysts expect that TripAdvisor will post $2.20 EPS for the current fiscal year.

A number of other firms have also recently commented on TRIP. Analysts at Goldman Sachs raised their EPS on shares of TripAdvisor in a research note on Wednesday. They now have a “neutral” rating and a $78.00 price target on the stock. Separately, analysts at Wunderlich raised their price target on shares of TripAdvisor from $80.00 to $88.00 in a research note on Wednesday. They now have a “hold” rating on the stock. Finally, analysts at Evercore Partners raised their price target on shares of TripAdvisor from $68.00 to $74.00 in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $77.04.

TripAdvisor, Inc (NASDAQ:TRIP) is an online travel research company, enabling users to plan and have a trip.

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