TripAdvisor, Inc. (NASDAQ:TRIP) has received an average rating of “Hold” from the twenty-five brokerages that are covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and one has issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $47.81.

A number of equities analysts recently weighed in on the stock. Credit Suisse Group lowered shares of TripAdvisor from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $40.00 to $34.00 in a report on Monday. ValuEngine lowered shares of TripAdvisor from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. Bank of America Corporation reiterated an “underperform” rating and set a $35.00 target price on shares of TripAdvisor in a research note on Sunday, May 28th. Macquarie lowered shares of TripAdvisor from a “neutral” rating to an “underperform” rating in a research note on Friday, May 26th. Finally, Zacks Investment Research upgraded shares of TripAdvisor from a “sell” rating to a “hold” rating in a research note on Monday, May 15th.

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Hedge funds and other institutional investors have recently modified their holdings of the company. Oppenheimer Asset Management Inc. purchased a new position in shares of TripAdvisor during the first quarter valued at $113,000. Mn Services Vermogensbeheer B.V. increased its position in shares of TripAdvisor by 6.7% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 3,213 shares of the travel company’s stock valued at $130,000 after buying an additional 201 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its position in shares of TripAdvisor by 4.2% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 3,967 shares of the travel company’s stock valued at $171,000 after buying an additional 160 shares in the last quarter. Sphera Funds Management LTD. purchased a new position in shares of TripAdvisor during the first quarter valued at $173,000. Finally, Nordea Investment Management AB increased its position in shares of TripAdvisor by 3.5% in the first quarter. Nordea Investment Management AB now owns 4,597 shares of the travel company’s stock valued at $198,000 after buying an additional 157 shares in the last quarter. 89.98% of the stock is owned by institutional investors.

TripAdvisor (NASDAQ TRIP) traded down 4.77% during trading on Monday, hitting $36.10. The stock had a trading volume of 3,856,158 shares. TripAdvisor has a 1-year low of $35.96 and a 1-year high of $71.69. The company has a market capitalization of $5.10 billion, a P/E ratio of 50.77 and a beta of 2.33. The stock’s 50-day moving average price is $42.07 and its 200-day moving average price is $45.44.

TripAdvisor (NASDAQ:TRIP) last announced its quarterly earnings data on Tuesday, May 9th. The travel company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by $0.01. TripAdvisor had a return on equity of 8.87% and a net margin of 6.87%. The firm had revenue of $372 million during the quarter, compared to analysts’ expectations of $376.67 million. During the same quarter in the previous year, the firm earned $0.33 earnings per share. TripAdvisor’s revenue was up 5.7% on a year-over-year basis. Analysts expect that TripAdvisor will post $1.15 earnings per share for the current year.

TripAdvisor Company Profile

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.

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