Shares of Tripadvisor Inc (NASDAQ:TRIP) have earned a consensus rating of “Hold” from the nineteen brokerages that are covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $55.50.

A number of brokerages recently weighed in on TRIP. Guggenheim upgraded Tripadvisor from a “sell” rating to a “neutral” rating in a report on Tuesday, May 21st. Cleveland Research began coverage on Tripadvisor in a report on Wednesday, June 19th. They issued a “neutral” rating on the stock. BidaskClub upgraded Zai Lab from a “buy” rating to a “strong-buy” rating in a report on Friday, June 28th. Wedbush lifted their target price on Roku from $55.00 to $65.00 and gave the company a “neutral” rating in a report on Thursday, May 9th. Finally, ValuEngine upgraded Valmont Industries from a “sell” rating to a “hold” rating in a report on Friday.

In other Tripadvisor news, CFO Ernst 02494 Teunissen sold 8,117 shares of the business’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $45.60, for a total transaction of $370,135.20. Following the transaction, the chief financial officer now owns 14,599 shares in the company, valued at $665,714.40. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 3.50% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of TRIP. FMR LLC lifted its stake in shares of Tripadvisor by 347.1% in the fourth quarter. FMR LLC now owns 1,602,401 shares of the travel company’s stock worth $86,434,000 after acquiring an additional 1,244,040 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Tripadvisor by 227.7% in the fourth quarter. Millennium Management LLC now owns 1,745,973 shares of the travel company’s stock worth $94,178,000 after acquiring an additional 1,213,215 shares in the last quarter. Norges Bank acquired a new position in shares of Tripadvisor in the fourth quarter worth about $64,072,000. MERIAN GLOBAL INVESTORS UK Ltd lifted its stake in shares of 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 acquiring an additional 968,530 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Tripadvisor by 19.4% in the first quarter. First Trust Advisors LP now owns 2,594,002 shares of the travel company’s stock worth $133,461,000 after acquiring an additional 421,144 shares in the last quarter. Institutional investors own 86.67% of the company’s stock.

Shares of NASDAQ:TRIP traded down $0.72 during midday trading on Tuesday, reaching $45.23. The company’s stock had a trading volume of 1,320,606 shares, compared to its average volume of 1,300,275. The firm has a market cap of $6.29 billion, a price-to-earnings ratio of 43.08, a price-to-earnings-growth ratio of 2.56 and a beta of 1.37. Tripadvisor has a 1 year low of $42.01 and a 1 year high of $69.00. The company’s 50 day moving average is $45.61.

Tripadvisor (NASDAQ:TRIP) last issued its earnings results on Tuesday, May 7th. The travel company reported $0.21 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.05. Tripadvisor had a return on equity of 10.24% and a net margin of 8.31%. The firm had revenue of $376.00 million for the quarter, compared to analysts’ expectations of $387.27 million. During the same quarter last year, the firm earned $0.30 earnings per share. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. Analysts expect that Tripadvisor will post 1.32 earnings per share for the current fiscal year.

About Tripadvisor

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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Analyst Recommendations for Tripadvisor (NASDAQ:TRIP)

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