BidaskClub cut shares of Tripadvisor (NASDAQ:TRIP) from a sell rating to a strong sell rating in a research report report published on Friday morning.

Other analysts have also recently issued research reports about the stock. Barclays cut their target price on shares of Tripadvisor from $45.00 to $35.00 and set an equal weight rating for the company in a research note on Wednesday, November 8th. Deutsche Bank cut their target price on shares of Tripadvisor from $40.00 to $37.00 and set a hold rating for the company in a research note on Tuesday, October 24th. SunTrust Banks reaffirmed a hold rating and set a $44.00 price objective on shares of Tripadvisor in a research note on Thursday, October 12th. Cowen reaffirmed a hold rating and set a $42.00 price objective on shares of Tripadvisor in a research note on Tuesday, September 12th. Finally, ValuEngine raised shares of Tripadvisor from a sell rating to a hold rating in a research note on Wednesday, September 6th. Seven research analysts have rated the stock with a sell rating and twenty have issued a hold rating to the stock. The company currently has an average rating of Hold and a consensus target price of $39.44.

Shares of Tripadvisor (TRIP) opened at $34.57 on Friday. The company has a market cap of $4,824.62, a PE ratio of 73.55, a PEG ratio of 2.79 and a beta of 2.32. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.47. Tripadvisor has a one year low of $29.50 and a one year high of $53.58.

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

Several hedge funds have recently modified their holdings of the company. Atlantic Trust Group LLC lifted its holdings in shares of Tripadvisor by 8.0% in the 3rd quarter. Atlantic Trust Group LLC now owns 53,888 shares of the travel company’s stock worth $2,184,000 after acquiring an additional 4,013 shares during the last quarter. Parametric Portfolio Associates LLC lifted its holdings in shares of Tripadvisor by 60.0% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 791,075 shares of the travel company’s stock worth $32,062,000 after acquiring an additional 296,586 shares during the last quarter. 683 Capital Management LLC acquired a new position in shares of Tripadvisor in the 3rd quarter worth approximately $12,159,000. RWC Asset Management LLP lifted its holdings in shares of Tripadvisor by 17.9% in the 3rd quarter. RWC Asset Management LLP now owns 48,068 shares of the travel company’s stock worth $1,948,000 after acquiring an additional 7,304 shares during the last quarter. Finally, California Public Employees Retirement System lifted its holdings in shares of Tripadvisor by 3.8% in the 3rd quarter. California Public Employees Retirement System now owns 214,521 shares of the travel company’s stock worth $8,695,000 after acquiring an additional 7,821 shares during the last quarter. Hedge funds and other institutional investors own 88.73% of the company’s stock.

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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)

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