Will TripAdvisor, Inc. (TRIP) Go Down Anytime Soon?

March 14, 2018 - By Louis Casey

Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.15, from 0.79 in 2017Q2. It increased, as 37 investors sold TripAdvisor, Inc. shares while 108 reduced holdings. 52 funds opened positions while 84 raised stakes. 120.15 million shares or 5.11% more from 114.31 million shares in 2017Q2 were reported.
Oregon Pub Employees Retirement Fund accumulated 11,993 shares or 0.01% of the stock. Pennsylvania-based Veritable Ltd Partnership has invested 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). Comml Bank Of America Corporation De accumulated 203,069 shares. Moreover, Sumitomo Mitsui Asset Mngmt Ltd has 0.87% invested in TripAdvisor, Inc. (NASDAQ:TRIP). Sumitomo Mitsui Trust Holdings holds 0.02% in TripAdvisor, Inc. (NASDAQ:TRIP) or 324,069 shares. Sector Pension Board owns 0% invested in TripAdvisor, Inc. (NASDAQ:TRIP) for 5,744 shares. The Arizona-based Arizona State Retirement System has invested 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). Utah Retirement holds 0.02% or 20,261 shares in its portfolio. Kbc Nv invested in 0.06% or 174,004 shares. Banque Pictet & Cie Sa owns 9,500 shares or 0.01% of their US portfolio. Whittier Tru accumulated 0% or 247 shares. 40,940 were reported by Virtu Finance Ltd Liability. Victory Capital Mgmt invested in 0% or 25,420 shares. Mason Street Advsr Limited Liability Corporation stated it has 15,037 shares. Gulf Int Savings Bank (Uk) Limited invested in 0.02% or 35,010 shares.

Since December 18, 2017, it had 0 insider buys, and 3 sales for $1.51 million activity. On Tuesday, February 20 Halpin Dermot sold $1.12 million worth of TripAdvisor, Inc. (NASDAQ:TRIP) or 26,313 shares. Nishar Dipchand also sold $11,937 worth of TripAdvisor, Inc. (NASDAQ:TRIP) on Monday, December 18.

The stock of TripAdvisor, Inc. (NASDAQ:TRIP) is a huge mover today! The stock increased 4.19% or $1.77 during the last trading session, reaching $44.05. About 2.94M shares traded. TripAdvisor, Inc. (NASDAQ:TRIP) has declined 30.31% since March 14, 2017 and is downtrending. It has underperformed by 47.01% the S&P500.
The move comes after 5 months positive chart setup for the $6.12 billion company. It was reported on Mar, 14 by Barchart.com. We have $47.57 PT which if reached, will make NASDAQ:TRIP worth $489.76M more.

Analysts await TripAdvisor, Inc. (NASDAQ:TRIP) to report earnings on May, 8. They expect $0.05 earnings per share, down 68.75 % or $0.11 from last year’s $0.16 per share. TRIP’s profit will be $6.95 million for 220.25 P/E if the $0.05 EPS becomes a reality. After $-0.08 actual earnings per share reported by TripAdvisor, Inc. for the previous quarter, Wall Street now forecasts -162.50 % EPS growth.

TripAdvisor, Inc. (NASDAQ:TRIP) Ratings Coverage

Among 30 analysts covering TripAdvisor LLC (NASDAQ:TRIP), 0 have Buy rating, 7 Sell and 23 Hold. Therefore 0 are positive. TripAdvisor LLC had 84 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, February 28 the stock rating was downgraded by Needham to “Underperform”. The rating was maintained by Piper Jaffray with “Overweight” on Thursday, December 10. SunTrust maintained it with “Hold” rating and $37.0 target in Monday, February 5 report. The firm earned “Neutral” rating on Tuesday, January 10 by Citigroup. On Friday, August 5 the stock rating was downgraded by Deutsche Bank to “Hold”. Macquarie Research downgraded the shares of TRIP in report on Friday, May 26 to “Sell” rating. On Friday, July 14 the stock rating was maintained by Cowen & Co with “Sell”. SunTrust maintained it with “Hold” rating and $40.0 target in Thursday, February 15 report. As per Friday, November 6, the company rating was downgraded by Guggenheim. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) has “Sell” rating given on Wednesday, January 27 by Goldman Sachs.

More important recent TripAdvisor, Inc. (NASDAQ:TRIP) news were published by: Prnewswire.com which released: “TripAdvisor, Inc. Earnings Press Release Available on Company’s Investor …” on February 14, 2018, also Fool.com published article titled: “Where Will TripAdvisor Inc Be in 5 Years?”, Investorplace.com published: “Tripadvisor Inc Stock Is Just Not a Long Term Play” on February 20, 2018. More interesting news about TripAdvisor, Inc. (NASDAQ:TRIP) was released by: Fool.com and their article: “Why TripAdvisor Inc. Stock Gained 16% in February” with publication date: March 05, 2018.

TripAdvisor, Inc. operates as an online travel company. The company has market cap of $6.12 billion. The firm operates through two divisions, Hotel and Non-Hotel. It currently has negative earnings. The Company’s travel platform aggregates reviews and opinions of members about destinations, accommodations, activities and attractions, and restaurants, which enables users to research and plan their travel experiences, as well as book hotels, flights, cruises, vacation rentals, activities and attractions, and restaurant reservations.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.