TripAdvisor, Inc. (NASDAQ:TRIP) Given Consensus Rating of “Reduce” by Analysts

Shares of TripAdvisor, Inc. (NASDAQ:TRIP) have earned an average rating of “Reduce” from the fourteen research firms that are presently covering the firm, MarketBeat reports. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $16.0625.

TRIP has been the topic of a number of research analyst reports. B. Riley Financial cut their price target on shares of TripAdvisor from $21.00 to $18.00 and set a “neutral” rating on the stock in a report on Monday, November 10th. Jefferies Financial Group reduced their target price on shares of TripAdvisor from $13.00 to $12.50 and set an “underperform” rating on the stock in a research report on Thursday, December 11th. Cantor Fitzgerald dropped their price objective on TripAdvisor from $15.00 to $14.00 and set an “underweight” rating on the stock in a research note on Thursday, January 8th. UBS Group decreased their target price on TripAdvisor from $19.00 to $16.00 and set a “neutral” rating for the company in a research report on Tuesday, February 3rd. Finally, Barclays lowered their target price on TripAdvisor from $14.00 to $13.00 and set an “underweight” rating for the company in a report on Friday, November 7th.

TripAdvisor Price Performance

Shares of TRIP stock opened at $12.77 on Monday. The stock has a 50 day moving average price of $14.17 and a 200 day moving average price of $15.70. TripAdvisor has a 52-week low of $10.43 and a 52-week high of $20.16. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.33 and a current ratio of 1.33. The firm has a market capitalization of $1.49 billion, a P/E ratio of 19.95, a P/E/G ratio of 1.26 and a beta of 1.01.

TripAdvisor (NASDAQ:TRIP) last announced its quarterly earnings data on Thursday, November 6th. The travel company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.58 by $0.07. TripAdvisor had a return on equity of 14.77% and a net margin of 4.23%.The company had revenue of $553.00 million for the quarter, compared to the consensus estimate of $562.92 million. During the same quarter in the prior year, the company posted $0.50 EPS. TripAdvisor’s quarterly revenue was up 3.9% on a year-over-year basis. As a group, sell-side analysts predict that TripAdvisor will post 0.46 earnings per share for the current year.

Institutional Investors Weigh In On TripAdvisor

Large investors have recently modified their holdings of the business. Leonteq Securities AG bought a new position in shares of TripAdvisor during the fourth quarter valued at approximately $1,391,000. Bastion Asset Management Inc. purchased a new stake in TripAdvisor during the fourth quarter worth $2,518,000. Covestor Ltd boosted its position in TripAdvisor by 168.9% during the 4th quarter. Covestor Ltd now owns 4,760 shares of the travel company’s stock valued at $69,000 after acquiring an additional 2,990 shares in the last quarter. Handelsbanken Fonder AB increased its holdings in shares of TripAdvisor by 47.9% in the 4th quarter. Handelsbanken Fonder AB now owns 39,200 shares of the travel company’s stock valued at $571,000 after acquiring an additional 12,700 shares during the period. Finally, Pacer Advisors Inc. increased its holdings in shares of TripAdvisor by 57.0% in the 4th quarter. Pacer Advisors Inc. now owns 677,836 shares of the travel company’s stock valued at $9,869,000 after acquiring an additional 246,196 shares during the period. Institutional investors own 98.99% of the company’s stock.

About TripAdvisor

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.