News coverage about Tripadvisor (NASDAQ:TRIP) has been trending very positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tripadvisor earned a daily sentiment score of 3.33 on their scale. InfoTrie also gave media coverage about the travel company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Tripadvisor’s score:
- TripAdvisor Making Travel Planning Changes, Teams with TravelPulse (msn.com)
- Former Disney/ABC and Marriott Executive is on a Mission to Transform Hospitality Brands and Marketers into Storytellers with Launch of Storified Hospitality Group (prweb.com)
- TripAdvisor and Nathan’s Famous Join Libris by PhotoShelter’s Roster of High-Profile Brands (prweb.com)
- Revealed: Northern Ireland’s best steakhouses – as rated by TripAdvisor users (belfasttelegraph.co.uk)
- CBA partners with start-up Whitecoat, the ‘TripAdvisor of healthcare’ (afr.com)
A number of research firms have recently issued reports on TRIP. BidaskClub lowered Tripadvisor from a “buy” rating to a “hold” rating in a research note on Saturday, August 25th. ValuEngine lowered Tripadvisor from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 2nd. Wedbush set a $48.00 target price on Tripadvisor and gave the company a “hold” rating in a research note on Sunday, August 5th. Zacks Investment Research upgraded Tripadvisor from a “sell” rating to a “hold” rating in a research note on Thursday, October 25th. Finally, Credit Suisse Group increased their target price on Tripadvisor from $51.00 to $63.00 and gave the company a “neutral” rating in a research note on Friday, November 9th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $55.71.
Shares of TRIP opened at $63.54 on Friday. The stock has a market capitalization of $8.72 billion, a P/E ratio of 132.38, a price-to-earnings-growth ratio of 3.92 and a beta of 1.48. Tripadvisor has a one year low of $34.00 and a one year high of $69.00.
Tripadvisor (NASDAQ:TRIP) last released its earnings results on Wednesday, November 7th. The travel company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.24. Tripadvisor had a return on equity of 7.46% and a net margin of 1.38%. The company had revenue of $458.00 million for the quarter, compared to the consensus estimate of $469.09 million. During the same quarter last year, the business posted $0.36 EPS. Tripadvisor’s quarterly revenue was up 4.3% compared to the same quarter last year. As a group, equities analysts forecast that Tripadvisor will post 1.12 EPS for the current fiscal year.
In other news, insider Noel Bertram Watson sold 723 shares of the stock in a transaction that occurred on Monday, November 12th. The stock was sold at an average price of $63.30, for a total transaction of $45,765.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 3.10% of the company’s stock.
Tripadvisor Company Profile
TripAdvisor, Inc operates as an online travel company. The company operates in two segments, Hotel and Non-Hotel. Its travel platform aggregates reviews and opinions of members about destinations, accommodations, activities and attractions, and restaurants, which enables users to research and plan their travel experiences, as well as book hotels, flights, cruises, vacation rentals, tours, activities and attractions, and restaurant reservations on its site or mobile app, or on the site or app of travel partner sites.
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