Equities analysts expect Tripadvisor Inc (NASDAQ:TRIP) to post earnings of $0.51 per share for the current quarter, according to Zacks. Eleven analysts have made estimates for Tripadvisor’s earnings. The lowest EPS estimate is $0.38 and the highest is $0.61. Tripadvisor reported earnings of $0.53 per share during the same quarter last year, which would indicate a negative year over year growth rate of 3.8%. The firm is expected to report its next earnings report on Wednesday, November 6th.

According to Zacks, analysts expect that Tripadvisor will report full-year earnings of $1.24 per share for the current financial year, with EPS estimates ranging from $1.04 to $1.34. For the next year, analysts expect that the firm will post earnings of $1.45 per share, with EPS estimates ranging from $1.21 to $1.61. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Tripadvisor.

Tripadvisor (NASDAQ:TRIP) last issued its earnings results on Wednesday, August 7th. The travel company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). Tripadvisor had a return on equity of 10.63% and a net margin of 8.49%. The firm had revenue of $422.00 million during the quarter, compared to analyst estimates of $445.46 million. During the same period in the previous year, the company earned $0.41 EPS. Tripadvisor’s revenue for the quarter was down 2.5% on a year-over-year basis.

Several brokerages have recently weighed in on TRIP. SunTrust Banks raised Tripadvisor from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a research note on Wednesday, June 19th. Needham & Company LLC assumed coverage on Tripadvisor in a report on Monday, May 20th. They issued a “buy” rating and a $63.00 price target on the stock. Guggenheim upgraded Tripadvisor from a “sell” rating to a “neutral” rating in a report on Tuesday, May 21st. UBS Group upgraded Tripadvisor from a “sell” rating to a “neutral” rating and cut their price target for the stock from $44.00 to $40.00 in a report on Wednesday, September 4th. Finally, Credit Suisse Group cut their price target on Tripadvisor from $60.00 to $54.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $54.63.

In related news, insider Dermot Halpin sold 3,409 shares of Tripadvisor stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $40.23, for a total transaction of $137,144.07. Following the sale, the insider now directly owns 752 shares in the company, valued at $30,252.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Ernst 02494 Teunissen sold 8,117 shares of Tripadvisor stock in a transaction on Monday, June 17th. The stock was sold at an average price of $45.60, for a total value of $370,135.20. Following the sale, the chief financial officer now owns 14,599 shares in the company, valued at $665,714.40. The disclosure for this sale can be found here. Company insiders own 3.50% of the company’s stock.

A number of institutional investors have recently modified their holdings of the stock. BlackRock Inc. lifted its holdings in Tripadvisor by 3.9% during the second quarter. BlackRock Inc. now owns 7,859,610 shares of the travel company’s stock worth $363,821,000 after acquiring an additional 297,123 shares during the period. AQR Capital Management LLC increased its position in Tripadvisor by 38.1% in the second quarter. AQR Capital Management LLC now owns 5,527,639 shares of the travel company’s stock worth $255,266,000 after buying an additional 1,526,024 shares during the last quarter. MERIAN GLOBAL INVESTORS UK Ltd increased its position in Tripadvisor by 44.1% in the first quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 3,165,519 shares of the travel company’s stock worth $162,865,000 after buying an additional 968,530 shares during the last quarter. First Trust Advisors LP increased its position in Tripadvisor by 8.1% in the second quarter. First Trust Advisors LP now owns 2,805,388 shares of the travel company’s stock worth $129,861,000 after buying an additional 211,386 shares during the last quarter. Finally, PenderFund Capital Management Ltd. increased its position in Tripadvisor by 881.8% in the second quarter. PenderFund Capital Management Ltd. now owns 2,000,000 shares of the travel company’s stock worth $2,703,000 after buying an additional 1,796,293 shares during the last quarter. Institutional investors and hedge funds own 86.02% of the company’s stock.

TRIP traded down $0.23 on Friday, reaching $41.04. The stock had a trading volume of 12,095 shares, compared to its average volume of 1,728,192. Tripadvisor has a fifty-two week low of $35.41 and a fifty-two week high of $69.00. The firm has a 50-day moving average of $40.41 and a 200-day moving average of $46.86. The company has a market capitalization of $5.70 billion, a price-to-earnings ratio of 39.17, a price-to-earnings-growth ratio of 2.07 and a beta of 1.36.

Tripadvisor Company Profile

TripAdvisor, Inc operates as an online travel company. It operates in two segments, Hotel and Non-Hotel. The company operates TripAdvisor-branded Websites, including tripadvisor.com in the United States; and localized versions of the Website in 48 markets and 28 languages. It also manages and operates other travel media brands that provide users the comprehensive travel-planning and trip-taking resources in the travel industry, such as airfarewatchdog.com, bookingbuddy.com, cruisecritic.com, familyvacationcritic.com, flipkey.com, thefork.com, holidaywatchdog.com, housetrip.com, jetsetter.com, niumba.com, onetime.com, oyster.com, seatguru.com, smartertravel.com, tingo.com, vacationhomerentals.com, and viator.com, as well as www.bokun.io and holidaylettings.co.uk.

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