Tripadvisor (NASDAQ:TRIP)‘s stock had its “hold” rating restated by analysts at Oppenheimer in a research report issued to clients and investors on Sunday, December 17th. Oppenheimer also issued estimates for Tripadvisor’s Q4 2017 earnings at $0.02 EPS, FY2017 earnings at $0.71 EPS, Q1 2018 earnings at $0.05 EPS, Q2 2018 earnings at $0.23 EPS, Q3 2018 earnings at $0.32 EPS, Q4 2018 earnings at $0.08 EPS, FY2018 earnings at $0.68 EPS, FY2019 earnings at $0.81 EPS and FY2020 earnings at $0.94 EPS.
A number of other brokerages have also issued reports on TRIP. ValuEngine raised Tripadvisor from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. Cowen reissued a “hold” rating and issued a $42.00 price target on shares of Tripadvisor in a research note on Tuesday, September 12th. Jefferies Group lowered Tripadvisor from a “hold” rating to an “underperform” rating and decreased their price target for the stock from $50.00 to $30.00 in a research note on Thursday, August 24th. Zacks Investment Research lowered Tripadvisor from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Tripadvisor in a research note on Wednesday, October 4th. Eight research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $39.42.
Shares of Tripadvisor (TRIP) traded up $1.26 during trading hours on Friday, reaching $36.54. The company’s stock had a trading volume of 4,420,000 shares, compared to its average volume of 2,510,000. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19. Tripadvisor has a 12-month low of $29.50 and a 12-month high of $53.58. The firm has a market cap of $5,070.00, a price-to-earnings ratio of 77.74, a price-to-earnings-growth ratio of 4.11 and a beta of 2.33.
Tripadvisor (NASDAQ:TRIP) last issued its quarterly earnings results on Monday, November 6th. The travel company reported $0.36 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.36. Tripadvisor had a return on equity of 6.81% and a net margin of 4.26%. The firm had revenue of $439.00 million for the quarter, compared to analyst estimates of $451.27 million. During the same period last year, the company earned $0.53 EPS. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. equities analysts predict that Tripadvisor will post 0.69 earnings per share for the current year.
Institutional investors have recently added to or reduced their stakes in the stock. FNY Managed Accounts LLC acquired a new position in Tripadvisor during the 3rd quarter worth approximately $101,000. D.A. Davidson & CO. increased its holdings in Tripadvisor by 957.0% during the 3rd quarter. D.A. Davidson & CO. now owns 5,655 shares of the travel company’s stock worth $229,000 after purchasing an additional 5,120 shares during the last quarter. BlueMountain Capital Management LLC purchased a new stake in Tripadvisor during the 2nd quarter worth approximately $242,000. Cutter & CO Brokerage Inc. increased its holdings in Tripadvisor by 0.5% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 6,520 shares of the travel company’s stock worth $249,000 after purchasing an additional 30 shares during the last quarter. Finally, Westfield Capital Management Co. LP purchased a new stake in Tripadvisor during the 2nd quarter worth approximately $252,000. 88.71% of the stock is currently owned by hedge funds and other institutional investors.
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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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