Brokerages Set Tripadvisor, Inc. (NASDAQ:TRIP) PT at $17.25

Tripadvisor, Inc. (NASDAQ:TRIP) has been given a consensus rating of “Hold” by the thirteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $17.25.

Several analysts have recently issued reports on the stock. DA Davidson reissued a “neutral” rating and set a $16.00 price objective on shares of Tripadvisor in a research note on Thursday, February 20th. JPMorgan Chase & Co. lifted their target price on shares of Tripadvisor from $11.00 to $13.00 and gave the company an “underweight” rating in a report on Friday. Mizuho upgraded Tripadvisor to a “hold” rating in a research note on Friday, April 18th. Cantor Fitzgerald dropped their price objective on Tripadvisor from $14.00 to $13.00 and set an “underweight” rating on the stock in a report on Friday, February 21st. Finally, B. Riley lowered their price objective on shares of Tripadvisor from $20.00 to $18.00 and set a “neutral” rating for the company in a research report on Monday, March 10th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Bogart Wealth LLC bought a new position in Tripadvisor in the 4th quarter worth approximately $30,000. Blue Trust Inc. increased its holdings in Tripadvisor by 204.4% during the 4th quarter. Blue Trust Inc. now owns 2,298 shares of the travel company’s stock worth $33,000 after purchasing an additional 1,543 shares in the last quarter. Tsfg LLC acquired a new stake in shares of Tripadvisor in the 1st quarter valued at about $35,000. Aster Capital Management DIFC Ltd lifted its holdings in shares of Tripadvisor by 83.8% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,414 shares of the travel company’s stock valued at $50,000 after purchasing an additional 1,557 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Tripadvisor by 204.7% in the fourth quarter. GAMMA Investing LLC now owns 3,675 shares of the travel company’s stock valued at $54,000 after purchasing an additional 2,469 shares during the last quarter. 98.99% of the stock is owned by institutional investors.

Tripadvisor Stock Performance

Shares of TRIP opened at $15.30 on Friday. Tripadvisor has a 1 year low of $10.43 and a 1 year high of $19.37. The company’s fifty day moving average is $13.21 and its two-hundred day moving average is $14.60. The stock has a market capitalization of $2.15 billion, a P/E ratio of 765.38, a P/E/G ratio of 9.01 and a beta of 1.27. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10.

Tripadvisor (NASDAQ:TRIP) last issued its quarterly earnings data on Wednesday, May 7th. The travel company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.09. The business had revenue of $398.00 million during the quarter, compared to analysts’ expectations of $386.94 million. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%. The company’s revenue was up .8% on a year-over-year basis. During the same period last year, the company posted $0.12 EPS. On average, sell-side analysts predict that Tripadvisor will post 0.46 earnings per share for the current year.

About Tripadvisor

TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.