TripAdvisor, Inc. (NASDAQ:TRIP) Receives Average Rating of “Reduce” from Analysts

Shares of TripAdvisor, Inc. (NASDAQ:TRIPGet Free Report) have been given a consensus rating of “Reduce” by the sixteen research firms that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $14.7143.

Several brokerages have recently issued reports on TRIP. UBS Group upped their price objective on TripAdvisor from $13.70 to $15.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. dropped their price objective on TripAdvisor from $11.00 to $10.00 and set an “underweight” rating for the company in a research report on Friday. The Goldman Sachs Group reissued a “buy” rating and issued a $16.00 target price on shares of TripAdvisor in a research note on Monday, July 20th. DA Davidson upped their target price on shares of TripAdvisor from $10.50 to $15.50 and gave the company a “neutral” rating in a report on Monday, June 15th. Finally, Barclays decreased their price target on shares of TripAdvisor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Monday, May 11th.

Check Out Our Latest Stock Report on TRIP

TripAdvisor Stock Performance

Shares of TRIP opened at $10.78 on Monday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.56 and a quick ratio of 1.56. TripAdvisor has a 1-year low of $9.01 and a 1-year high of $20.16. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 1,079.08, a price-to-earnings-growth ratio of 2.11 and a beta of 0.86. The firm has a 50 day simple moving average of $13.27 and a 200-day simple moving average of $11.70.

TripAdvisor (NASDAQ:TRIPGet Free Report) last posted its earnings results on Thursday, August 6th. The travel company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03). The company had revenue of $385.30 million during the quarter, compared to analysts’ expectations of $506.27 million. TripAdvisor had a net margin of 0.28% and a return on equity of 4.23%. TripAdvisor’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.46 EPS. Equities analysts forecast that TripAdvisor will post 0.69 EPS for the current fiscal year.

Insider Activity

In related news, CEO Almir Ambeskovic sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $12.30, for a total transaction of $98,400.00. Following the sale, the chief executive officer owned 34,396 shares in the company, valued at approximately $423,070.80. This trade represents a 18.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On TripAdvisor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TRIP. U S Global Investors Inc. boosted its position in shares of TripAdvisor by 32.3% during the first quarter. U S Global Investors Inc. now owns 1,372,941 shares of the travel company’s stock worth $14,636,000 after buying an additional 335,087 shares during the period. K.J. Harrison & Partners Inc boosted its position in shares of TripAdvisor by 316.7% in the first quarter. K.J. Harrison & Partners Inc now owns 125,000 shares of the travel company’s stock worth $1,332,000 after buying an additional 95,000 shares during the period. Leonteq Securities AG boosted its position in shares of TripAdvisor by 153.9% in the first quarter. Leonteq Securities AG now owns 242,483 shares of the travel company’s stock worth $2,585,000 after buying an additional 146,977 shares during the period. Blue Grotto Capital LLC grew its holdings in shares of TripAdvisor by 24.2% during the fourth quarter. Blue Grotto Capital LLC now owns 1,615,000 shares of the travel company’s stock valued at $23,514,000 after buying an additional 315,000 shares in the last quarter. Finally, Persistent Asset Partners Ltd acquired a new position in TripAdvisor during the 4th quarter worth $1,456,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

TripAdvisor News Roundup

Here are the key news stories impacting TripAdvisor this week:

  • Positive Sentiment: Bank of America Securities maintained a Buy rating and a $15 price target. The analyst acknowledged cyclical weakness but cited growth in Tripadvisor’s Experiences business and potential proceeds from the TheFork sale as sources of value. Analyst Maintains Buy on TripAdvisor
  • Positive Sentiment: Management expects third-quarter Experiences bookings to grow approximately 5% to 7%. TheFork sale process could also provide capital and sharpen the company’s strategic focus. Tripadvisor expects Q3 experiences booked growth
  • Neutral Sentiment: Tripadvisor said CFO Mike Noonan will hold investor meetings at the Oppenheimer Technology, Internet & Communications Conference on August 11. The event may provide additional details on strategy, operating trends, and the TheFork transaction. Tripadvisor Announces Participation at Upcoming Conferences
  • Negative Sentiment: Second-quarter results were below expectations: adjusted EPS was $0.35 versus a roughly $0.38–$0.42 consensus, while revenue of $385.3 million was well below estimates near $506 million. Revenue declined 7.2% year over year, and EPS fell from $0.46 a year earlier. TripAdvisor Q2 Earnings and Revenues Lag Estimates
  • Negative Sentiment: JPMorgan downgraded Tripadvisor to Underweight and cut its price target from $11 to $10, while Cantor Fitzgerald also assigned an Underweight rating and lowered its target from $10 to $9. The revisions reinforce concerns about slowing growth and near-term execution.
  • Negative Sentiment: Coverage has emphasized that Tripadvisor’s growth is trailing major rivals, raising questions about whether the company may need additional asset sales or strategic changes to improve performance. Tripadvisor’s Growth Is Way Behind Rivals

TripAdvisor Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for TripAdvisor (NASDAQ:TRIP)

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