TripAdvisor, Inc. (TRIP) to Release Earnings on Monday
TripAdvisor, Inc. (NASDAQ:TRIP) is set to release its earnings data after the market closes on Monday, November 6th. Analysts expect TripAdvisor to post earnings of $0.36 per share for the quarter.
TripAdvisor (NASDAQ:TRIP) last posted its quarterly earnings results on Tuesday, August 8th. The travel company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.05). The business had revenue of $424.00 million for the quarter, compared to the consensus estimate of $421.66 million. TripAdvisor had a return on equity of 8.62% and a net margin of 6.26%. TripAdvisor’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.38 earnings per share. On average, analysts expect TripAdvisor to post $0.68 EPS for the current fiscal year and $0.62 EPS for the next fiscal year.
TripAdvisor, Inc. (TRIP) opened at 37.05 on Monday. The firm’s 50 day moving average price is $41.58 and its 200-day moving average price is $40.84. The company has a market capitalization of $5.14 billion, a PE ratio of 56.05 and a beta of 2.38. TripAdvisor, Inc. has a 12-month low of $35.34 and a 12-month high of $65.56.
In other TripAdvisor news, insider Dermot Halpin sold 12,859 shares of the business’s stock in a transaction on Friday, August 18th. The stock was sold at an average price of $39.09, for a total value of $502,658.31. Following the sale, the insider now directly owns 5,364 shares of the company’s stock, valued at $209,678.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.09% of the company’s stock.
A number of equities research analysts have recently weighed in on the company. Deutsche Bank AG cut their price objective on TripAdvisor from $40.00 to $37.00 and set a “hold” rating on the stock in a research report on Tuesday, October 24th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $44.00 price objective on shares of TripAdvisor in a research report on Thursday, October 12th. Zacks Investment Research lowered TripAdvisor from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. KeyCorp reiterated a “hold” rating on shares of TripAdvisor in a research report on Wednesday, October 4th. Finally, Citigroup Inc. reiterated a “neutral” rating and issued a $41.00 price objective (up from $39.00) on shares of TripAdvisor in a research report on Tuesday, October 3rd. Nine equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and one has issued a buy rating to the company’s stock. TripAdvisor currently has a consensus rating of “Hold” and an average target price of $42.94.
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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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