TripAdvisor, Inc. (TRIP) to Release Earnings on Monday
TripAdvisor, Inc. (NASDAQ:TRIP) is scheduled to release its earnings data after the market closes on Monday, November 6th. Analysts expect TripAdvisor to post earnings of $0.36 per share for the quarter.
TripAdvisor (NASDAQ:TRIP) last posted its quarterly earnings results on Tuesday, August 8th. The travel company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.05). The firm had revenue of $424.00 million for the quarter, compared to the consensus estimate of $421.66 million. TripAdvisor had a return on equity of 8.62% and a net margin of 6.26%. The firm’s revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS. On average, analysts expect TripAdvisor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
TripAdvisor, Inc. (NASDAQ:TRIP) opened at $38.88 on Friday. The company has a market capitalization of $5,340.53, a price-to-earnings ratio of 44.24, a price-to-earnings-growth ratio of 2.86 and a beta of 2.33. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.19.
In other news, insider Dermot Halpin sold 12,859 shares of the business’s stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $39.09, for a total value of $502,658.31. Following the completion of the sale, the insider now owns 5,364 shares of the company’s stock, valued at approximately $209,678.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.09% of the stock is currently owned by insiders.
Several research firms recently weighed in on TRIP. Zacks Investment Research lowered shares of TripAdvisor from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Cowen and Company restated a “sell” rating and set a $40.00 target price on shares of TripAdvisor in a report on Friday, July 14th. Wells Fargo & Company restated a “hold” rating on shares of TripAdvisor in a report on Thursday, July 27th. BidaskClub lowered shares of TripAdvisor from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, Stifel Nicolaus restated a “hold” rating on shares of TripAdvisor in a report on Friday, July 28th. Nine investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $42.94.
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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