TripAdvisor, Inc. (NASDAQ:TRIP)‘s stock had its “sell” rating reiterated by Jefferies Group LLC in a research note issued to investors on Tuesday. They currently have a $35.00 price objective on the travel company’s stock. Jefferies Group LLC’s target price would suggest a potential downside of 6.67% from the company’s previous close.

A number of other equities research analysts also recently weighed in on the company. Zacks Investment Research raised TripAdvisor from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. Cowen and Company raised TripAdvisor from an “underperform” rating to a “market perform” rating and set a $35.00 target price for the company in a report on Wednesday, July 19th. Wells Fargo & Company reissued a “hold” rating on shares of TripAdvisor in a report on Thursday, July 27th. BidaskClub downgraded TripAdvisor from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, Barclays PLC dropped their target price on TripAdvisor from $52.00 to $48.00 and set an “equal weight” rating for the company in a report on Monday, August 7th. Nine research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $42.94.

Shares of TripAdvisor (NASDAQ:TRIP) traded up 0.40% during midday trading on Tuesday, reaching $37.50. 6,646,822 shares of the company’s stock traded hands. The stock has a market cap of $5.20 billion, a price-to-earnings ratio of 56.73 and a beta of 2.38. TripAdvisor has a 52-week low of $35.34 and a 52-week high of $65.56. The stock has a 50 day moving average of $41.36 and a 200-day moving average of $40.80.

TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Tuesday, August 8th. The travel company reported $0.25 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.05). TripAdvisor had a return on equity of 8.62% and a net margin of 6.26%. The firm had revenue of $424.00 million for the quarter, compared to analyst estimates of $421.66 million. During the same period in the prior year, the business posted $0.38 EPS. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. On average, equities research analysts expect that TripAdvisor will post $1.13 EPS for the current year.

TRADEMARK VIOLATION WARNING: This report was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was illegally stolen and republished in violation of U.S. and international trademark & copyright legislation. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/10/31/tripadvisor-inc-trip-earns-sell-rating-from-jefferies-group-llc.html.

In other news, insider Dermot Halpin sold 12,859 shares of the business’s stock in a transaction dated Friday, August 18th. The stock was sold at an average price of $39.09, for a total transaction of $502,658.31. Following the sale, the insider now directly owns 5,364 shares in the company, valued at $209,678.76. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.09% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of TripAdvisor by 1.0% during the second quarter. Vanguard Group Inc. now owns 10,758,105 shares of the travel company’s stock worth $410,959,000 after purchasing an additional 105,571 shares during the last quarter. BlackRock Inc. grew its holdings in shares of TripAdvisor by 23.9% during the second quarter. BlackRock Inc. now owns 8,883,209 shares of the travel company’s stock worth $339,338,000 after purchasing an additional 1,713,523 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of TripAdvisor by 4.7% during the second quarter. Bank of New York Mellon Corp now owns 4,926,007 shares of the travel company’s stock worth $188,176,000 after purchasing an additional 220,185 shares during the last quarter. Matrix Capital Management Company LP grew its holdings in shares of TripAdvisor by 152.3% during the second quarter. Matrix Capital Management Company LP now owns 3,532,600 shares of the travel company’s stock worth $134,945,000 after purchasing an additional 2,132,600 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of TripAdvisor by 20.2% during the second quarter. First Trust Advisors LP now owns 2,102,627 shares of the travel company’s stock worth $80,320,000 after purchasing an additional 353,242 shares during the last quarter. Institutional investors own 86.22% of the company’s stock.

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.

Analyst Recommendations for TripAdvisor (NASDAQ:TRIP)

Receive News & Ratings for TripAdvisor Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TripAdvisor Inc. and related companies with MarketBeat.com's FREE daily email newsletter.