A number of research firms have changed their ratings and price targets for Tripadvisor (NASDAQ: TRIP):

  • 5/15/2017 – Tripadvisor was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “TripAdvisor is one of the largest online travel research companies in the world. The company's first quarter earnings and revenue missed the Zacks Consensus Estimate. Also, over the last one year, the stock has underperformed the Zacks characterised Electronic Commerce Industry. However, the secular growth trend in the online travel space, the company’s solid fundamentals, growth initiatives, partnerships to boost hotel bookings, strong focus on developing its mobile products, expansion into the international restaurant reservation space and improvement in user growth and engagement, especially related to mobile devices are likely to help the company to achieve desired results. Macro headwinds, increasing competition and uncertainty regarding the timeline for recovery of investments remain overhangs.”
  • 5/12/2017 – Tripadvisor was upgraded by analysts at Hilliard Lyons from a “neutral” rating to a “buy” rating. They now have a $65.00 price target on the stock, up previously from $45.00.
  • 5/11/2017 – Tripadvisor had its price target raised by analysts at Stifel Nicolaus from $37.00 to $40.00. They now have a “hold” rating on the stock.
  • 5/11/2017 – Tripadvisor had its price target lowered by analysts at Deutsche Bank AG from $37.00 to $35.00. They now have a “hold” rating on the stock.
  • 5/10/2017 – Tripadvisor had its “hold” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $54.00 price target on the stock. They wrote, “1Q was below expectations, with revenue of $372M (+6% Y/Y) vs. (FactSet) consensus estimate of $376M. EBITDA was $73M vs. consensus of $74M, while.””
  • 5/9/2017 – Tripadvisor was given a new $45.00 price target on by analysts at Credit Suisse Group AG. They now have a “hold” rating on the stock.
  • 5/8/2017 – Tripadvisor had its “hold” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $48.00 price target on the stock.
  • 5/4/2017 – Tripadvisor was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “TripAdvisor is one of the largest online travel research companies in the world. The company's fourth quarter earnings and revenue missed the Zacks Consensus Estimate. Also, over the last one year, the stock has underperformed the Zacks characterised Electronic Commerce Industry. However, the secular growth trend in the online travel space, the company’s solid fundamentals, growth initiatives, partnerships to boost hotel bookings, strong focus on developing its mobile products, expansion into the international restaurant reservation space and improvement in user growth and engagement, especially related to mobile devices are likely to help the company to achieve desired results. Macro headwinds, increasing competition and uncertainty regarding the timeline for recovery of investments remain overhangs.”
  • 4/24/2017 – Tripadvisor was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $41.00 price target on the stock.
  • 4/24/2017 – Tripadvisor had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $54.00 price target on the stock.
  • 4/19/2017 – Tripadvisor was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “TripAdvisor is one of the largest online travel research companies in the world. The company's fourth quarter earnings and revenue missed the Zacks Consensus Estimate. Also, over the last one year, the stock has underperformed the Zacks characterised Electronic Commerce Industry. However, the secular growth trend in the online travel space, the company’s solid fundamentals, growth initiatives, partnerships to boost hotel bookings, strong focus on developing its mobile products, expansion into the international restaurant reservation space and improvement in user growth and engagement, especially related to mobile devices are likely to help the company to achieve desired results. Macro headwinds, increasing competition and uncertainty regarding the timeline for recovery of investments remain overhangs.”
  • 4/17/2017 – Tripadvisor was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $42.29 price target on the stock.

Shares of Tripadvisor Inc (NASDAQ:TRIP) traded up 0.66% on Thursday, hitting $44.26. 867,945 shares of the company were exchanged. The stock has a market capitalization of $6.25 billion, a PE ratio of 62.25 and a beta of 2.02. Tripadvisor Inc has a 52-week low of $40.45 and a 52-week high of $71.69. The firm’s 50-day moving average is $43.95 and its 200-day moving average is $47.78.

Tripadvisor (NASDAQ:TRIP) last issued its quarterly earnings data on Tuesday, May 9th. The travel company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by $0.01. Tripadvisor had a return on equity of 12.67% and a net margin of 8.08%. The company had revenue of $372 million during the quarter, compared to analyst estimates of $376.67 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. The business’s revenue was up 5.7% compared to the same quarter last year. Equities research analysts predict that Tripadvisor Inc will post $1.17 earnings per share for the current year.

TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.

5 Day Chart for NASDAQ:TRIP

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