Macquarie Has Just Given TripAdvisor Inc (NASDAQ:TRIP) a Higher Rating. Are Other Analysts Next?

May 16, 2018 - By Kurt Siggers

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.

Clearbridge Investments Lc has invested 0% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). 353 are owned by Guardian Life Insurance Communications Of America. Principal Fincl Grp Inc invested 0.01% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Glob X Communication Ltd Com holds 0% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP) for 3,968 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 37,673 shares. State Of Alaska Department Of Revenue reported 0.02% stake. Deutsche Bancorporation Ag reported 180,687 shares. Retirement Of Alabama has invested 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). Lpl Fincl Ltd Liability Corp holds 27,154 shares or 0% of its portfolio. 7,000 were reported by Employees Retirement System Of Texas. 700 are owned by Glenmede Trust Na. State Of Tennessee Treasury Department owns 28,049 shares for 0% of their portfolio. 2.68 million are owned by Artisan Prtn Lp. Exxonmobil Invest Mgmt Tx stated it has 17,241 shares or 0.02% of all its holdings. Earnest Prtn Ltd Com holds 0% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP) for 46 shares.

Since December 18, 2017, it had 0 buys, and 3 insider sales for $1.51 million activity. 26,313 shares were sold by Halpin Dermot, worth $1.12 million on Tuesday, February 20. On Monday, December 18 Nishar Dipchand sold $11,937 worth of TripAdvisor, Inc. (NASDAQ:TRIP) or 346 shares.

TripAdvisor Inc (NASDAQ:TRIP) Stock Upgrade

TripAdvisor Inc (NASDAQ:TRIP) shares were raised by Macquarie to a “Buy” rating in a note sent to investors and clients on Wednesday morning.

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 Monday, November 27 the stock rating was maintained by Cowen & Co with “Market Perform”. SunTrust maintained TripAdvisor, Inc. (NASDAQ:TRIP) rating on Monday, February 5. SunTrust has “Hold” rating and $37.0 target. The stock has “Hold” rating by SunTrust on Thursday, February 15. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) has “Hold” rating given on Thursday, February 15 by RBC Capital Markets. Susquehanna maintained the stock with “Hold” rating in Friday, February 16 report. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, May 8. On Friday, February 16 the stock rating was maintained by Barclays Capital with “Hold”. As per Thursday, February 15, the company rating was maintained by Stifel Nicolaus. The firm has “Hold” rating given on Thursday, May 10 by Wedbush.

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 $34.35M 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: Nasdaq.com which released: “5 Things TripAdvisor Wants You to Know” on May 15, 2018, also Prnewswire.com with their article: “TripAdvisor Joins the Yext PowerListings® Network” published on May 16, 2018, Seekingalpha.com published: “TripAdvisor’s Narrative Is Changing” on May 16, 2018. More interesting news about TripAdvisor, Inc. (NASDAQ:TRIP) were released by: Seekingalpha.com and their article: “TripAdvisor’s Green Shoots, Can They Last?” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “TripAdvisor Inc. 2018 Q1 – Results – Earnings Call Slides” with publication date: May 09, 2018.

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

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