TripAdvisor (NASDAQ:TRIP) Price Target Cut to $13.00 by Analysts at B. Riley Financial

TripAdvisor (NASDAQ:TRIP) had its target price cut by equities research analysts at B. Riley Financial from $18.00 to $13.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the travel company’s stock. B. Riley Financial’s price target would suggest a potential upside of 24.05% from the stock’s previous close.

TRIP has been the topic of several other research reports. Wall Street Zen lowered TripAdvisor from a “buy” rating to a “hold” rating in a report on Saturday. Wedbush dropped their target price on TripAdvisor from $15.00 to $12.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Barclays cut their price target on TripAdvisor from $13.00 to $10.00 and set an “underweight” rating for the company in a research note on Friday, February 13th. Cantor Fitzgerald set a $10.00 price objective on shares of TripAdvisor and gave the company an “underweight” rating in a research note on Friday. Finally, Jefferies Financial Group reduced their price target on TripAdvisor from $13.00 to $12.50 and set an “underperform” rating for the company in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, TripAdvisor currently has a consensus rating of “Hold” and an average target price of $14.96.

TripAdvisor Stock Down 0.6%

Shares of NASDAQ:TRIP traded down $0.06 on Wednesday, hitting $10.48. 1,894,290 shares of the company’s stock were exchanged, compared to its average volume of 3,235,095. The firm’s 50-day moving average is $13.60 and its 200 day moving average is $15.39. The company has a market capitalization of $1.23 billion, a PE ratio of 34.95, a P/E/G ratio of 0.83 and a beta of 1.01. TripAdvisor has a 1-year low of $9.46 and a 1-year high of $20.16. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.33 and a current ratio of 1.29.

TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Thursday, February 12th. The travel company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.11). The business had revenue of $411.00 million for the quarter, compared to analysts’ expectations of $412.53 million. TripAdvisor had a return on equity of 10.67% and a net margin of 2.12%.TripAdvisor’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.30 EPS. Sell-side analysts predict that TripAdvisor will post 0.46 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Essex Investment Management Co. LLC grew its holdings in shares of TripAdvisor by 75.7% during the third quarter. Essex Investment Management Co. LLC now owns 1,523 shares of the travel company’s stock worth $25,000 after buying an additional 656 shares in the last quarter. Covestor Ltd lifted its stake in shares of TripAdvisor by 64.8% during the 3rd quarter. Covestor Ltd now owns 1,770 shares of the travel company’s stock worth $29,000 after purchasing an additional 696 shares during the period. UMB Bank n.a. boosted its holdings in shares of TripAdvisor by 295.2% during the fourth quarter. UMB Bank n.a. now owns 2,300 shares of the travel company’s stock worth $33,000 after purchasing an additional 1,718 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of TripAdvisor in the fourth quarter valued at $33,000. Finally, Smartleaf Asset Management LLC increased its stake in TripAdvisor by 39.7% in the third quarter. Smartleaf Asset Management LLC now owns 2,482 shares of the travel company’s stock valued at $42,000 after purchasing an additional 705 shares during the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting TripAdvisor

Here are the key news stories impacting TripAdvisor this week:

• Positive Sentiment: Starboard Value has built a ~9% stake and is pushing for a radical board shake-up and strategic changes that could include pursuing a sale — a clear catalyst that could unlock shareholder value if Starboard succeeds. Read More.
• Positive Sentiment: Starboard’s campaign draws media attention and buy-side interest that can drive re-rating if the activist achieves board seats or a strategic transaction. Read More.
• Neutral Sentiment: TripAdvisor has publicly engaged with Starboard and issued a statement about the nomination plan, signaling constructive dialogue rather than an immediate hostile escalation. Read More.
• Neutral Sentiment: Brand/consumer engagement items (Travelers’ Choice beaches, editorial coverage) boost long-term brand equity but are unlikely to move the stock materially near-term. Read More.
• Neutral Sentiment: Goldman Sachs lowered TRIP’s price target from $25 to $22 but kept a “buy” rating, indicating institutional belief in upside despite near-term headwinds. Read More.
• Negative Sentiment: TripAdvisor missed EPS expectations in its latest quarterly report and revenue was essentially flat year-over-year — ongoing margin and growth concerns underpin the activist’s thesis and weigh on valuation. Read More.
• Negative Sentiment: Analysts trimmed targets and some coverage highlights the risk of a disruptive proxy fight; board battles can increase short-term volatility and execution risk. Read More.

TripAdvisor Company Profile

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.