Tripadvisor, Inc. (NASDAQ:TRIP) Receives Consensus Recommendation of “Hold” from Analysts

Tripadvisor, Inc. (NASDAQ:TRIP) has earned a consensus rating of “Hold” from the eighteen brokerages that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $22.18.

Several analysts recently commented on TRIP shares. JPMorgan Chase & Co. decreased their price target on shares of Tripadvisor from $25.00 to $17.00 and set an “underweight” rating for the company in a report on Thursday, May 9th. Wedbush restated a “neutral” rating and issued a $21.00 price objective on shares of Tripadvisor in a research note on Friday. Truist Financial upped their target price on shares of Tripadvisor from $18.00 to $28.00 and gave the company a “hold” rating in a research note on Thursday, March 14th. StockNews.com upgraded shares of Tripadvisor from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. Finally, Barclays cut their target price on shares of Tripadvisor from $20.00 to $15.00 and set an “underweight” rating for the company in a research note on Friday, May 10th.

Institutional Investors Weigh In On Tripadvisor

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in Tripadvisor by 6.6% in the fourth quarter. Vanguard Group Inc. now owns 12,876,614 shares of the travel company’s stock worth $277,233,000 after purchasing an additional 791,940 shares in the last quarter. AQR Capital Management LLC boosted its position in Tripadvisor by 38.1% in the 3rd quarter. AQR Capital Management LLC now owns 5,115,807 shares of the travel company’s stock worth $84,820,000 after purchasing an additional 1,410,932 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Tripadvisor by 9.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,438,349 shares of the travel company’s stock worth $74,027,000 after purchasing an additional 304,975 shares in the last quarter. Norges Bank purchased a new stake in Tripadvisor in the 4th quarter worth approximately $27,807,000. Finally, Kettle Hill Capital Management LLC purchased a new position in shares of Tripadvisor during the 3rd quarter valued at approximately $19,626,000. 98.99% of the stock is owned by institutional investors.

Tripadvisor Stock Up 0.7 %

TRIP stock opened at $17.89 on Friday. The stock has a market cap of $2.49 billion, a PE ratio of 119.27, a price-to-earnings-growth ratio of 1.52 and a beta of 1.56. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.08. The firm’s 50-day simple moving average is $24.63 and its 200 day simple moving average is $22.72. Tripadvisor has a fifty-two week low of $14.15 and a fifty-two week high of $28.76.

Tripadvisor Company Profile

TripAdvisor, Inc operates as an online travel company, primarily engages in the provision of travel guidance products and services worldwide. The company operates in three segments: Brand Tripadvisor, Viator, and TheFork. The Brand Tripadvisor segment offers travel guidance platforms for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, and cruises.