Tripadvisor (NASDAQ:TRIP) Announces Quarterly Earnings Results

Tripadvisor (NASDAQ:TRIP) announced its quarterly earnings results on Thursday. The travel company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.08), Zacks reports. Tripadvisor had a net margin of 1.98% and a return on equity of 10.37%.

Tripadvisor Stock Performance

Shares of NASDAQ:TRIP traded down $1.06 during trading on Thursday, hitting $16.65. 2,971,003 shares of the stock traded hands, compared to its average volume of 2,509,197. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.93. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 72.29, a P/E/G ratio of 9.63 and a beta of 1.34. The company has a fifty day moving average price of $15.90 and a two-hundred day moving average price of $14.99. Tripadvisor has a 52-week low of $12.93 and a 52-week high of $28.76.

Analyst Ratings Changes

TRIP has been the topic of a number of analyst reports. StockNews.com cut shares of Tripadvisor from a “buy” rating to a “hold” rating in a research report on Thursday, January 9th. B. Riley lifted their target price on shares of Tripadvisor from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. DA Davidson reissued a “neutral” rating and set a $16.00 price objective on shares of Tripadvisor in a research note on Thursday, December 19th. Wedbush reiterated a “neutral” rating and issued a $17.00 target price on shares of Tripadvisor in a research note on Thursday, December 19th. Finally, UBS Group dropped their target price on shares of Tripadvisor from $18.00 to $17.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $17.50.

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.