In today’s session Tripadvisor Inc (TRIP) recorded an unusually high (356) 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 356 contracts traded and 3464 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: TRIP161118P00062500 closed last at: $3.8 or 8.6% up. About 1.13M shares traded hands. Tripadvisor Inc (NASDAQ:TRIP) has declined 7.86% since March 14, 2016 and is downtrending. It has underperformed by 13.47% 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 $63.10 million for 34.94 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. TripAdvisor LLC has been the topic of 32 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Equal Weight” rating on Friday, May 6 by Barclays Capital. The firm earned “Sell” rating on Wednesday, January 27 by Goldman Sachs. The firm has “Neutral” rating given on Tuesday, October 27 by Macquarie Research. UBS maintained it with “Neutral” rating and $76 target price in Friday, November 6 report. The company was initiated on Tuesday, March 8 by Moffett Nathanson. As per Friday, February 12, the company rating was maintained by RBC Capital Markets. As per Friday, May 6, the company rating was maintained by UBS. Piper Jaffray maintained it with “Overweight” rating and $120 target price in Thursday, December 10 report. Credit Suisse maintained the shares of TRIP in a report on Friday, February 12 with “Outperform” rating. Stifel Nicolaus downgraded Tripadvisor Inc (NASDAQ:TRIP) rating on Monday, February 22. Stifel Nicolaus has “Sell” rating and $53 price target.
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 daodao.com. 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 increased, 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.
Moreover, Rhumbline Advisers has 0.03% invested in Tripadvisor Inc (NASDAQ:TRIP) for 183,408 shares. Old National National Bank & Trust In holds 0.09% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP) for 25,116 shares. Exxonmobil Mngmt Tx holds 0.04% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP) for 29,586 shares. Lourd Cap Limited Liability holds 7,493 shares or 0.14% of its portfolio. Hartford Investment last reported 0.04% of its portfolio in the stock. Invesco has 0.03% invested in the company for 1.20M shares. New York State Teachers Retirement owns 189,913 shares or 0.03% of their US portfolio. Herndon Capital Ltd Liability reported 11 shares or 0% of all its holdings. Synovus has invested 0% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP). M&R Capital Mgmt has 0% invested in the company for 261 shares. Fifth Third Fincl Bank last reported 772 shares in the company. Rathbone Brothers Public Limited Com accumulated 4,150 shares or 0.01% of the stock. Janney Montgomery Scott Ltd Llc has 4,767 shares for 0% of their US portfolio. Whittier Co Of Nevada Inc last reported 0% of its portfolio in the stock. The Washington-based Tradewinds Management Limited Liability Corp has invested 0% in Tripadvisor Inc (NASDAQ:TRIP).
Insider Transactions: Since May 11, 2016, the stock had 0 insider purchases, and 5 selling transactions for $2.67 million net activity. Shares for $1.22M were sold by Halpin Dermot. Kalvert Seth J sold $102,064 worth of stock. Seidenberg Barrie had sold 4,274 shares worth $259,743.
TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. The company has a market cap of $8.82 billion. TripAdvisor, the Company’s flagship brand, is a travel Website. It has a 65.23 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 tripadvisor.com 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.
More news for Tripadvisor Inc (NASDAQ:TRIP) were recently published by: Seekingalpha.com, which released: “TripAdvisor: Look Out Below” on October 17, 2016. Twst.com‘s article titled: “TripAdvisor Inc.: TripAdvisor to Audiocast Third Quarter 2016 Conference Call …” and published on October 17, 2016 is yet another important article.
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