Are TripAdvisor (NASDAQ:TRIP) Shares a Sell Now? Guggenheim Has Downgraded Stock

May 16, 2018 - By marketbeat

TripAdvisor, Inc. (NASDAQ:TRIP) Logo

Investors sentiment increased to 1.24 in Q4 2017. Its up 0.30, from 0.94 in 2017Q3. It improved, 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.

309,256 are owned by Barclays Public Llc. Schwab Charles Inv Mgmt stated it has 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). State Board Of Administration Of Florida Retirement accumulated 159,953 shares. Jane Street Group Llc holds 0.01% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP) for 113,084 shares. Jackson Square Prns Lc invested in 1.74% or 9.97M shares. 187,500 are owned by California State Teachers Retirement System. Guardian Life Of America holds 0% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP) for 353 shares. Bankshares Of Ny Mellon invested in 0.02% or 2.13 million shares. 63 were reported by Farmers & Merchants Invests. Ny State Teachers Retirement holds 184,692 shares. Exxonmobil Investment Tx owns 17,241 shares. Rhumbline Advisers holds 0.01% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP) for 192,122 shares. Tci Wealth Advsr owns 39 shares. 227 were accumulated by Gemmer Asset Mngmt Lc. Strs Ohio holds 0% or 1,453 shares.

Since December 18, 2017, it had 0 buys, and 3 selling transactions for $1.51 million activity. Shares for $11,937 were sold by Nishar Dipchand on Monday, December 18. TEUNISSEN ERNST 02494 also sold $378,280 worth of TripAdvisor, Inc. (NASDAQ:TRIP) shares.

TripAdvisor (NASDAQ:TRIP) Receives a Downgrade

It appears that trading for shares of TripAdvisor (NASDAQ:TRIP) will be interesting to watch today. Guggenheim decreased the stock from their past “Neutral” rating to a more current “Sell”.

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. The firm earned “Hold” rating on Tuesday, May 8 by Deutsche Bank. The firm earned “Hold” rating on Thursday, February 15 by SunTrust. On Monday, February 5 the stock rating was maintained by SunTrust with “Hold”. The rating was maintained by Cowen & Co with “Market Perform” on Monday, November 27. Susquehanna maintained TripAdvisor, Inc. (NASDAQ:TRIP) rating on Friday, February 16. Susquehanna has “Hold” rating and $45.0 target. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) has “Hold” rating given on Thursday, February 15 by RBC Capital Markets. Barclays Capital maintained the stock with “Hold” rating in Friday, February 16 report. The rating was maintained by Stifel Nicolaus on Thursday, February 15 with “Hold”. Wedbush maintained the shares of TRIP in report on Thursday, May 10 with “Hold” rating.

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: Prnewswire.com which released: “TripAdvisor Joins the Yext PowerListings® Network” on May 16, 2018, also Seekingalpha.com with their article: “TripAdvisor’s Green Shoots, Can They Last?” 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 Inc. 2018 Q1 – Results – Earnings Call Slides” published on May 09, 2018 as well as Seekingalpha.com‘s news article titled: “A Bet On TripAdvisor Would Be Ill-Advised” with publication date: April 26, 2018.

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

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