Equities analysts expect Tripadvisor Inc (NASDAQ:TRIP) to post sales of $310.78 million for the current fiscal quarter, according to Zacks Investment Research. Nine analysts have issued estimates for Tripadvisor’s earnings. The lowest sales estimate is $306.12 million and the highest is $320.22 million. Tripadvisor posted sales of $316.00 million during the same quarter last year, which suggests a negative year over year growth rate of 1.7%. The firm is expected to report its next earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Tripadvisor will report full-year sales of $310.78 million for the current year, with estimates ranging from $1.54 billion to $1.58 billion. For the next fiscal year, analysts forecast that the firm will post sales of $1.62 billion per share, with estimates ranging from $1.56 billion to $1.74 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow Tripadvisor.

Tripadvisor (NASDAQ:TRIP) last released its quarterly earnings data on Monday, November 6th. The travel company reported $0.36 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.36. Tripadvisor had a net margin of 4.26% and a return on equity of 6.81%. The firm had revenue of $439.00 million during the quarter, compared to analysts’ expectations of $451.27 million. During the same period last year, the business earned $0.53 earnings per share. Tripadvisor’s revenue was up 4.3% compared to the same quarter last year.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Tripadvisor from a “hold” rating to a “sell” rating in a research report on Friday. ValuEngine cut shares of Tripadvisor from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. BidaskClub cut shares of Tripadvisor from a “sell” rating to a “strong sell” rating in a research report on Friday, December 22nd. Oppenheimer reiterated a “hold” rating on shares of Tripadvisor in a research report on Sunday, December 17th. Finally, Cowen reiterated a “market perform” rating and set a $40.00 price target (up from $30.00) on shares of Tripadvisor in a research report on Monday, November 27th. Nine investment analysts have rated the stock with a sell rating and eighteen have assigned a hold rating to the company. The stock presently has an average rating of “Hold” and an average target price of $39.44.

Several hedge funds and other institutional investors have recently bought and sold shares of TRIP. Matrix Capital Management Company LP boosted its stake in shares of Tripadvisor by 152.3% in the second quarter. Matrix Capital Management Company LP now owns 3,532,600 shares of the travel company’s stock valued at $134,945,000 after purchasing an additional 2,132,600 shares during the period. BlackRock Inc. boosted its stake in shares of Tripadvisor by 23.9% in the second quarter. BlackRock Inc. now owns 8,883,209 shares of the travel company’s stock valued at $339,338,000 after purchasing an additional 1,713,523 shares during the period. Allianz Asset Management GmbH purchased a new position in shares of Tripadvisor in the third quarter valued at approximately $56,957,000. Sumitomo Mitsui Asset Management Company LTD boosted its stake in shares of Tripadvisor by 12,501.8% in the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 1,377,381 shares of the travel company’s stock valued at $55,825,000 after purchasing an additional 1,366,451 shares during the period. Finally, Carmignac Gestion boosted its stake in shares of Tripadvisor by 9.4% in the third quarter. Carmignac Gestion now owns 6,851,065 shares of the travel company’s stock valued at $277,674,000 after purchasing an additional 585,879 shares during the period. 88.71% of the stock is owned by institutional investors and hedge funds.

Tripadvisor (NASDAQ TRIP) traded down $0.05 during trading on Friday, reaching $34.92. 2,805,000 shares of the company traded hands, compared to its average volume of 2,464,100. Tripadvisor has a 52-week low of $29.50 and a 52-week high of $53.58. The firm has a market capitalization of $4,820.00, a PE ratio of 74.30, a P/E/G ratio of 4.13 and a beta of 2.33. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19.

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About Tripadvisor

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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