Tripadvisor (TRIP) Projected to Post Quarterly Earnings on Wednesday

Tripadvisor (NASDAQ:TRIP) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect Tripadvisor to post earnings of $0.21 per share and revenue of $399.86 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Tripadvisor (NASDAQ:TRIP) last posted its earnings results on Wednesday, November 6th. The travel company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $532.00 million for the quarter, compared to analysts’ expectations of $527.86 million. Tripadvisor had a return on equity of 10.37% and a net margin of 1.98%. The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the business posted $0.35 earnings per share. On average, analysts expect Tripadvisor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Tripadvisor Stock Up 0.9 %

Tripadvisor stock opened at $17.43 on Wednesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.85 and a current ratio of 1.85. Tripadvisor has a one year low of $12.93 and a one year high of $28.76. The company has a 50-day simple moving average of $15.10 and a 200-day simple moving average of $14.96. The firm has a market capitalization of $2.43 billion, a P/E ratio of 75.79, a P/E/G ratio of 9.59 and a beta of 1.34.

Analyst Upgrades and Downgrades

Several brokerages have commented on TRIP. B. Riley raised their price target 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. Wedbush restated a “neutral” rating and issued a $17.00 target price on shares of Tripadvisor in a research report on Thursday, December 19th. DA Davidson reaffirmed a “neutral” rating and issued a $16.00 price objective on shares of Tripadvisor in a research note on Thursday, December 19th. TD Cowen increased their price target on Tripadvisor from $15.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Finally, UBS Group cut 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 equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, Tripadvisor presently has an average 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.