Tripadvisor (TRIP) Earning Somewhat Favorable Press Coverage, Study Shows
Media coverage about Tripadvisor (NASDAQ:TRIP) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tripadvisor earned a news impact score of 0.08 on Accern’s scale. Accern also assigned headlines about the travel company an impact score of 46.705025859776 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
- Indonesia Is Inviting Chinese Tourists to Return to Bali Amid Volcanic Threat (skift.com)
- TripAdvisor Inc. (NASDAQ:TRIP): A worthy Investment or not? – The Oracle Examiner (oracleexaminer.com)
- Reviewing the Current Circumstance for TripAdvisor, Inc. (TRIP), ImmunoGen, Inc. (IMGN) – Market Movers (financialqz.com)
- Tripadvisor (TRIP) Downgraded by BidaskClub (americanbankingnews.com)
- TripAdvisor, Inc. (NASDAQ:TRIP) – What is The Actual Stock’s Value – Complete Picture in Focus – Nasdaq Journal (press release) (nasdaqjournal.com)
Tripadvisor (TRIP) traded down $0.17 during mid-day trading on Friday, reaching $34.57. The company’s stock had a trading volume of 1,383,403 shares, compared to its average volume of 3,055,099. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $4,824.62, a price-to-earnings ratio of 73.55, a PEG ratio of 2.79 and a beta of 2.32. Tripadvisor has a 52-week low of $29.50 and a 52-week high of $53.58.
Tripadvisor (NASDAQ:TRIP) last posted its earnings results on Monday, November 6th. The travel company reported $0.36 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.36. The firm had revenue of $439.00 million for the quarter, compared to analyst estimates of $451.27 million. Tripadvisor had a return on equity of 6.81% and a net margin of 4.26%. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share. sell-side analysts expect that Tripadvisor will post 0.69 earnings per share for the current year.
Several equities research analysts have recently commented on TRIP shares. ValuEngine raised Tripadvisor from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. Cowen restated a “hold” rating and issued a $42.00 price target on shares of Tripadvisor in a research report on Tuesday, September 12th. Raymond James Financial restated a “market perform” rating on shares of Tripadvisor in a research report on Tuesday, September 26th. Jefferies Group restated a “sell” rating and issued a $35.00 price target on shares of Tripadvisor in a research report on Thursday, September 28th. Finally, Citigroup restated a “neutral” rating and issued a $41.00 price target (up from $39.00) on shares of Tripadvisor in a research report on Tuesday, October 3rd. Seven research analysts have rated the stock with a sell rating and twenty have given a hold rating to the stock. The company has a consensus rating of “Hold” and an average target price of $39.44.
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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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