BidaskClub Upgrades Liberty Tripadvisor Holdings Inc Series A (LTRPA) to Strong-Buy

BidaskClub upgraded shares of Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) from a buy rating to a strong-buy rating in a research report released on Friday morning.

Several other research analysts also recently issued reports on LTRPA. ValuEngine upgraded shares of Liberty Tripadvisor Holdings Inc Series A from a hold rating to a buy rating in a research note on Thursday, September 27th. Evercore ISI initiated coverage on shares of Liberty Tripadvisor Holdings Inc Series A in a research note on Tuesday, October 16th. They issued an in-line rating and a $12.50 target price on the stock.

Shares of LTRPA opened at $16.50 on Friday. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 0.93 and a beta of 1.49. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.41 and a current ratio of 1.41. Liberty Tripadvisor Holdings Inc Series A has a fifty-two week low of $8.45 and a fifty-two week high of $20.63.

Liberty Tripadvisor Holdings Inc Series A (NASDAQ:LTRPA) last announced its quarterly earnings data on Wednesday, November 7th. The technology company reported $0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.25). The business had revenue of $458.00 million during the quarter. Liberty Tripadvisor Holdings Inc Series A had a positive return on equity of 36.93% and a negative net margin of 26.73%.

A number of institutional investors have recently modified their holdings of LTRPA. Meeder Asset Management Inc. increased its holdings in Liberty Tripadvisor Holdings Inc Series A by 525.5% during the third quarter. Meeder Asset Management Inc. now owns 7,243 shares of the technology company’s stock valued at $107,000 after buying an additional 6,085 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of Liberty Tripadvisor Holdings Inc Series A in the third quarter worth $145,000. GSA Capital Partners LLP purchased a new stake in shares of Liberty Tripadvisor Holdings Inc Series A in the third quarter worth $167,000. Fox Run Management L.L.C. purchased a new stake in shares of Liberty Tripadvisor Holdings Inc Series A in the third quarter worth $195,000. Finally, United Services Automobile Association increased its stake in shares of Liberty Tripadvisor Holdings Inc Series A by 35.8% in the third quarter. United Services Automobile Association now owns 14,858 shares of the technology company’s stock worth $221,000 after purchasing an additional 3,918 shares in the last quarter. Institutional investors own 88.32% of the company’s stock.

Liberty Tripadvisor Holdings Inc Series A Company Profile

Liberty TripAdvisor Holdings, Inc, through its subsidiaries, engages in online travel research and online commerce businesses. Its travel platform user-generated reviews and opinions about destinations, accommodations, activities and attractions, and restaurants worldwide; and enables people plan and book a trip.

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