TripAdvisor (NASDAQ:TRIP) Share Price May Be About to Change Direction; Macquarie Upgrades The Company.

May 16, 2018 - By Mona Holcomb

TripAdvisor, Inc. (NASDAQ:TRIP) Logo

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.30, from 0.94 in 2017Q3. It is positive, as 58 investors sold TripAdvisor, Inc. shares while 73 reduced holdings. 47 funds opened positions while 116 raised stakes. 115.06 million shares or 4.24% less from 120.15 million shares in 2017Q3 were reported.

Massmutual Tru Communication Fsb Adv reported 0.02% stake. Federated Investors Pa reported 764 shares. Saturna Capital holds 0.03% or 26,600 shares. State Treasurer State Of Michigan accumulated 31,754 shares or 0.01% of the stock. The Colorado-based Shine Inv Advisory has invested 0% in TripAdvisor, Inc. (NASDAQ:TRIP). Norinchukin Savings Bank The, Japan-based fund reported 8,669 shares. Stifel invested in 0% or 16,734 shares. First Interstate Bancorp holds 125 shares or 0% of its portfolio. Twin Tree Mngmt Limited Partnership invested 0% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Metropolitan Life Ny has 19,002 shares. Contrarius reported 1.35M shares. Asset One owns 183,990 shares or 0.01% of their US portfolio. Edgewood Mgmt Limited Liability Company invested 0% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Yhb Inv Advsr Inc accumulated 34,860 shares. Moreover, Regions Fincl has 0.01% invested in TripAdvisor, Inc. (NASDAQ:TRIP).

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

TripAdvisor (NASDAQ:TRIP) Stock Upgrade

New York-listed TripAdvisor (NASDAQ:TRIP), was boosted by expert analysts at Macquarie. The firm boosted its rating on the $6.69B market capitalized company to a respectable “Outperform” from their past rating of “Underperform”.

TripAdvisor, Inc. (NASDAQ:TRIP) Ratings Coverage

Among 10 analysts covering TripAdvisor (NASDAQ:TRIP), 0 have Buy rating, 0 Sell and 10 Hold. Therefore 0 are positive. TripAdvisor has $4800 highest and $37.0 lowest target. $42.60’s average target is -12.54% below currents $48.71 stock price. TripAdvisor had 12 analyst reports since November 27, 2017 according to SRatingsIntel. On Thursday, February 15 the stock rating was maintained by SunTrust with “Hold”. The stock has “Hold” rating by Susquehanna on Friday, February 16. The firm has “Market Perform” rating given on Monday, November 27 by Cowen & Co. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) has “Hold” rating given on Thursday, May 10 by Wedbush. SunTrust maintained TripAdvisor, Inc. (NASDAQ:TRIP) rating on Monday, February 5. SunTrust has “Hold” rating and $37.0 target. The firm has “Hold” rating by RBC Capital Markets given on Thursday, February 15. The company was maintained on Tuesday, May 8 by Deutsche Bank. The firm has “Hold” rating by Barclays Capital given on Friday, February 16. The firm earned “Hold” rating on Thursday, February 15 by Stifel Nicolaus.

The stock increased 0.70% or $0.34 during the last trading session, reaching $48.71. About 3.21 million shares traded or 23.75% up from the average. TripAdvisor, Inc. (NASDAQ:TRIP) has declined 5.46% since May 17, 2017 and is downtrending. It has underperformed by 17.01% the S&P500.

Analysts await TripAdvisor, Inc. (NASDAQ:TRIP) to report earnings on August, 14. They expect $0.25 EPS, 0.00 % or $0.00 from last year’s $0.25 per share. TRIP’s profit will be $34.35 million for 48.71 P/E if the $0.25 EPS becomes a reality. After $0.09 actual EPS reported by TripAdvisor, Inc. for the previous quarter, Wall Street now forecasts 177.78 % EPS growth.

TripAdvisor, Inc. operates as an online travel company. The company has market cap of $6.69 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.

More notable recent TripAdvisor, Inc. (NASDAQ:TRIP) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For May 16, 2018” on May 16, 2018, also Nasdaq.com with their article: “5 Things TripAdvisor Wants You to Know” published on May 15, 2018, Seekingalpha.com published: “TripAdvisor Inc. 2018 Q1 – Results – Earnings Call Slides” on May 09, 2018. More interesting news about TripAdvisor, Inc. (NASDAQ:TRIP) were released by: Seekingalpha.com and their article: “A Bet On TripAdvisor Would Be Ill-Advised” published on April 26, 2018 as well as Forbes.com‘s news article titled: “After A Decent Start To The Year, What We Expect From TripAdvisor In 2018” with publication date: May 16, 2018.

TripAdvisor, Inc. (NASDAQ:TRIP) Institutional Positions Chart

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