Tripadvisor (NASDAQ:TRIP) Posts Earnings Results, Misses Estimates By $0.08 EPS

Tripadvisor (NASDAQ:TRIP) issued its earnings results on Thursday. The travel company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08), Zacks reports. The business had revenue of $411.00 million during the quarter, compared to analyst estimates of $400.02 million. Tripadvisor had a net margin of 0.33% and a return on equity of 9.02%.

Tripadvisor Stock Down 8.4 %

Shares of Tripadvisor stock opened at $15.11 on Friday. The business’s 50 day simple moving average is $15.98 and its 200 day simple moving average is $15.00. Tripadvisor has a 52-week low of $12.93 and a 52-week high of $28.76. The firm has a market cap of $2.11 billion, a PE ratio of 755.88, a P/E/G ratio of 9.01 and a beta of 1.34. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 2.10.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. StockNews.com cut Tripadvisor from a “buy” rating to a “hold” rating in a research report on Thursday, January 9th. B. Riley increased their price objective on Tripadvisor from $19.00 to $20.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Cantor Fitzgerald reduced their target price on Tripadvisor from $14.00 to $13.00 and set an “underweight” rating for the company in a research report on Friday. UBS Group reduced their target price on Tripadvisor from $18.00 to $17.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $17.00 target price on shares of Tripadvisor in a research report on Thursday, December 19th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Tripadvisor has an average rating of “Hold” and an average target price of $17.71.

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.