Tripadvisor Inc (NASDAQ:TRIP) has been assigned a consensus recommendation of “Hold” from the twenty-seven analysts that are covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a sell recommendation and twenty have given a hold recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $37.94.

Several brokerages have commented 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 set a $42.00 target price on shares of Tripadvisor in a research note on Tuesday, September 12th. Jefferies Group downgraded Tripadvisor from a “hold” rating to an “underperform” rating and lowered their price objective for the company from $50.00 to $30.00 in a research note on Thursday, August 24th. Zacks Investment Research downgraded 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.

Shares of Tripadvisor (TRIP) traded up $0.54 during midday trading on Monday, reaching $35.03. The company’s stock had a trading volume of 4,898,689 shares, compared to its average volume of 3,598,124. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.47. The firm has a market capitalization of $4,789.90, a P/E ratio of 49.99, a price-to-earnings-growth ratio of 2.80 and a beta of 2.32. Tripadvisor has a 12-month low of $29.50 and a 12-month high of $53.58.

Tripadvisor (NASDAQ:TRIP) last issued its earnings results on Monday, November 6th. The travel company reported $0.36 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.36. The firm had revenue of $439.00 million during the quarter, compared to the consensus estimate of $451.27 million. Tripadvisor had a return on equity of 6.81% and a net margin of 4.26%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.53 earnings per share. equities research analysts forecast that Tripadvisor will post 0.69 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in the business. Parametric Portfolio Associates LLC boosted its holdings in shares of Tripadvisor by 60.0% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 791,075 shares of the travel company’s stock worth $32,062,000 after buying an additional 296,586 shares in the last quarter. 683 Capital Management LLC bought a new position in shares of Tripadvisor during the 3rd quarter worth approximately $12,159,000. RWC Asset Management LLP boosted its holdings in shares of Tripadvisor by 17.9% during the 3rd quarter. RWC Asset Management LLP now owns 48,068 shares of the travel company’s stock worth $1,948,000 after buying an additional 7,304 shares in the last quarter. California Public Employees Retirement System boosted its holdings in shares of Tripadvisor by 3.8% during the 3rd quarter. California Public Employees Retirement System now owns 214,521 shares of the travel company’s stock worth $8,695,000 after buying an additional 7,821 shares in the last quarter. Finally, Arbor Wealth Management LLC bought a new position in shares of Tripadvisor during the 3rd quarter worth approximately $713,000. 88.76% of the stock is owned by institutional investors and hedge funds.

WARNING: This piece of content was reported by Watch List News and is the property of of Watch List News. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/tripadvisor-inc-trip-receives-37-94-consensus-target-price-from-brokerages/1768644.html.

About Tripadvisor

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.

Analyst Recommendations for Tripadvisor (NASDAQ:TRIP)

Receive News & Ratings for Tripadvisor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tripadvisor and related companies with Analyst Ratings Network's FREE daily email newsletter.