Tripadvisor (TRIP) to Release Earnings on Tuesday

Tripadvisor (NASDAQ:TRIP) is scheduled to announce its earnings results after the market closes on Tuesday, May 7th. Persons interested in participating in the company’s earnings conference call can do so using this link.

Tripadvisor (NASDAQ:TRIP) last issued its quarterly earnings data on Wednesday, February 14th. The travel company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.14. The company had revenue of $390.00 million for the quarter, compared to analysts’ expectations of $372.93 million. Tripadvisor had a return on equity of 11.69% and a net margin of 0.56%. On average, analysts expect Tripadvisor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tripadvisor Stock Down 0.5 %

Shares of NASDAQ:TRIP traded down $0.13 during midday trading on Tuesday, reaching $26.87. The company had a trading volume of 160,251 shares, compared to its average volume of 2,339,284. The stock has a market capitalization of $3.71 billion, a P/E ratio of 450.00, a PEG ratio of 1.73 and a beta of 1.57. The stock’s fifty day moving average price is $26.94 and its 200-day moving average price is $22.08. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.27 and a quick ratio of 2.27. Tripadvisor has a one year low of $14.15 and a one year high of $28.76.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on TRIP shares. Mizuho increased their target price on shares of Tripadvisor from $20.00 to $23.00 and gave the stock a “neutral” rating in a research report on Friday, February 16th. BMO Capital Markets upped their target price on shares of Tripadvisor from $20.00 to $23.00 and gave the company a “market perform” rating in a research report on Friday, February 16th. TheStreet upgraded Tripadvisor from a “d+” rating to a “c” rating in a research report on Wednesday, February 14th. Citigroup lifted their price objective on shares of Tripadvisor from $23.00 to $28.00 and gave the company a “neutral” rating in a research report on Wednesday, April 17th. Finally, The Goldman Sachs Group increased their target price on shares of Tripadvisor from $23.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, February 20th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $24.12.

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.