Tripadvisor (TRIP) – Analysts’ Weekly Ratings Updates

Tripadvisor (NASDAQ: TRIP) recently received a number of ratings updates from brokerages and research firms:

  • 2/7/2018 – Tripadvisor was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 2/2/2018 – Tripadvisor was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “TripAdvisor is witnessing secular growth trends in the online travel space. The company’s improvement in user growth and engagement can be accredited to growth initiatives like Meta search & Instant Booking; and strong focus on developing its mobile products. Expansion into the international restaurant reservation space, solid fundamentals and boosting hotel bookings from partnerships are likely to help the company to achieve desired results. However, increasing investments continue to be a concern. On a 12-month basis, the stock has underperformed the Industry to which it belongs to. Macro headwinds, increasing competition and uncertainty regarding the timeline for recovery of investments remain overhangs.”
  • 2/2/2018 – Tripadvisor was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 1/25/2018 – Tripadvisor had its “hold” rating reaffirmed by analysts at Oppenheimer Holdings Inc..
  • 1/11/2018 – Tripadvisor was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “buy” rating. They now have a $39.00 price target on the stock. According to Zacks, “TripAdvisor is witnessing secular growth trends in the online travel space. The company’s improvement in user growth and engagement can be accredited to growth initiatives like Meta search & Instant Booking; and strong focus on developing its mobile products. Expansion into the international restaurant reservation space, solid fundamentals and boosting hotel bookings from partnerships are likely to help the company to achieve desired results. However, increasing investments continue to be a concern. On a 12-month basis, the stock has underperformed the Industry to which it belongs to. Macro headwinds, increasing competition and uncertainty regarding the timeline for recovery of investments remain overhangs.”
  • 1/5/2018 – Tripadvisor was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “TripAdvisor is witnessing secular growth trends in the online travel space. The company’s improvement in user growth and engagement can be accredited to growth initiatives like Meta search & Instant Booking; and strong focus on developing its mobile products. Expansion into the international restaurant reservation space, solid fundamentals and boosting hotel bookings from partnerships are likely to help the company to achieve desired results. However, increasing investments continue to be a concern. On a 12-month basis, the stock has underperformed the Industry to which it belongs to. Macro headwinds, increasing competition and uncertainty regarding the timeline for recovery of investments remain overhangs.”
  • 12/31/2017 – Tripadvisor was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 12/22/2017 – Tripadvisor was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 12/17/2017 – Tripadvisor had its “hold” rating reaffirmed by analysts at Oppenheimer Holdings Inc..

Tripadvisor Inc (NASDAQ TRIP) traded down $1.74 during midday trading on Monday, hitting $38.31. The stock had a trading volume of 7,047,800 shares, compared to its average volume of 3,276,195. The company has a market cap of $5,210.00, a PE ratio of 81.51, a price-to-earnings-growth ratio of 4.42 and a beta of 2.22. Tripadvisor Inc has a 12 month low of $29.50 and a 12 month high of $53.29. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 0.19.

In other news, CFO Ernst 02494 Teunissen sold 9,457 shares of Tripadvisor stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $40.00, for a total transaction of $378,280.00. Following the sale, the chief financial officer now directly owns 13,866 shares in the company, valued at approximately $554,640. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.09% of the company’s stock.

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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