How Analysts Feel About Tripadvisor Inc After Today’s Bearish Options Activity?


 How Analysts Feel About Tripadvisor Inc After Today's Bearish Options Activity?

In today’s session Tripadvisor Inc (TRIP) recorded an unusually high (1,489) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious TRIP decrease. With 1,489 contracts traded and 43174 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: TRIP161118P00065000 closed last at: $4.1 or 13.9% up. About 219,686 shares traded hands. Tripadvisor Inc (NASDAQ:TRIP) has declined 2.29% since March 7, 2016 and is downtrending. It has underperformed by 9.88% the S&P500.

Analysts await Tripadvisor Inc (NASDAQ:TRIP) to report earnings on November, 3. They expect $0.44 EPS, down 2.22% or $0.01 from last year’s $0.45 per share. TRIP’s profit will be $63.29M for 36.66 P/E if the $0.44 EPS becomes a reality. After $0.28 actual EPS reported by Tripadvisor Inc for the previous quarter, Wall Street now forecasts 57.14% EPS growth.

Tripadvisor Inc (NASDAQ:TRIP) Ratings Coverage

Out of 18 analysts covering TripAdvisor LLC (NASDAQ:TRIP), 3 rate it a “Buy”, 3 “Sell”, while 12 “Hold”. This means 17% are positive. $120 is the highest target while $53 is the lowest. The $74.56 average target is 15.56% above today’s ($64.52) stock price. TripAdvisor LLC has been the topic of 32 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Tripadvisor Inc (NASDAQ:TRIP) has “Sell” rating given on Monday, February 22 by Stifel Nicolaus. The firm has “Neutral” rating by Guggenheim given on Friday, November 6. The stock has “Overweight” rating given by Piper Jaffray on Thursday, December 10. The stock of Tripadvisor Inc (NASDAQ:TRIP) earned “Buy” rating by Deutsche Bank on Friday, July 24. The company was maintained on Friday, May 6 by Barclays Capital. The firm has “Underperform” rating by Raymond James given on Thursday, January 28. The rating was maintained by JP Morgan on Tuesday, April 12 with “Neutral”. RBC Capital Markets maintained Tripadvisor Inc (NASDAQ:TRIP) rating on Friday, February 12. RBC Capital Markets has “Sector Perform” rating and $70 price target. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, July 24. Deutsche Bank downgraded it to “Hold” rating and $63 target price in Friday, August 5 report.

According to Zacks Investment Research, “TripAdvisor Inc. is an online travel research company. The Company features reviews and advice on hotels, resorts, flights, vacation rentals, vacation packages, travel guides, and lots more. The sites operate in many countries worldwide, including China under TripAdvisor Inc. is headquartered in Newton, Massachusetts.”

Insitutional Activity: The institutional sentiment increased to 1.36 in 2016 Q2. Its up 0.30, from 1.06 in 2016Q1. The ratio improved, as 45 funds sold all Tripadvisor Inc shares owned while 94 reduced positions. 40 funds bought stakes while 149 increased positions. They now own 125.57 million shares or 0.99% more from 124.35 million shares in 2016Q1.
Schroder Mngmt Grp Inc last reported 275,163 shares in the company. Moreover, Victory Cap Mgmt has 0% invested in Tripadvisor Inc (NASDAQ:TRIP) for 13,200 shares. Shinko Asset Mgmt accumulated 0% or 337 shares. Employees Retirement System Of Texas has invested 0.2% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP). Macquarie Group accumulated 2.59M shares or 0.32% of the stock. Fund Management Sa owns 41,781 shares or 0.03% of their US portfolio. The Minnesota-based Thrivent Finance For Lutherans has invested 0% in Tripadvisor Inc (NASDAQ:TRIP). Moreover, Guardian Life Of America has 0% invested in Tripadvisor Inc (NASDAQ:TRIP) for 418 shares. Westpac Banking accumulated 5,921 shares or 0% of the stock. Moreover, Louisiana State Employees Retirement has 0.03% invested in Tripadvisor Inc (NASDAQ:TRIP) for 7,500 shares. First Interstate Bank & Trust holds 125 shares or 0% of its portfolio. Commonwealth National Bank & Trust Of Aus holds 0% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP) for 273 shares. Invesco Limited, a Georgia-based fund reported 1.20 million shares. Ubs Asset Management Americas has invested 0.16% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP). The New York-based Teachers Advisors Inc has invested 0.01% in Tripadvisor Inc (NASDAQ:TRIP).

Insider Transactions: Since May 11, 2016, the stock had 0 insider buys, and 5 selling transactions for $2.67 million net activity. 10,000 Tripadvisor Inc (NASDAQ:TRIP) shares with value of $617,747 were sold by Halpin Dermot. Another trade for 1,687 shares valued at $102,064 was made by Kalvert Seth J on Tuesday, September 20. $259,743 worth of Tripadvisor Inc (NASDAQ:TRIP) shares were sold by Seidenberg Barrie.

TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. The company has a market cap of $9.28 billion. TripAdvisor, the Company’s flagship brand, is a travel Website. It has a 68.43 P/E ratio. The Firm operates in two divisions.

TRIP Company Profile

TripAdvisor, Inc., incorporated on July 20, 2011, is an online travel company, which owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s flagship brand, is a travel Website. The Firm operates in two divisions: Hotel and Other. The Company’s Other segment consists of three divisions, which include Attractions, Restaurants and Vacation Rentals businesses. The Company’s branded Websites include in the United States and its localized versions of the TripAdvisor Website in approximately 45 other countries and are offered in over 30 languages, including English, Spanish, Chinese (Traditional and Simplified), Russian, Arabic, Greek, Korean, Polish, Norwegian, Turkish, Danish, Swedish, Dutch, Bahasa, Thai, Portuguese, Japanese, Italian, French, Vietnamese, Hebrew, Suomi, Hungarian, Czech, Slovak, Serbian and German. The Company’s Websites feature approximately 320 million reviews and opinions on over 6.2 million places to stay, places to eat and things to do, including approximately 995,000 hotels and accommodations and 770,000 vacation rentals, 3.8 million restaurants and 625,000 attractions around the world.

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