TripAdvisor Inc (NASDAQ:TRIP) May Have Just Reached An Inflection Point; Guggenheim Downgrades Shares

May 16, 2018 - By Vivian Currie

TripAdvisor, Inc. (NASDAQ:TRIP) Logo

Investors sentiment increased to 1.24 in Q4 2017. 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.

Macquarie has invested 0.17% in TripAdvisor, Inc. (NASDAQ:TRIP). 683 Cap Mgmt Ltd Limited Liability Company holds 0.75% or 259,000 shares in its portfolio. Trexquant Invest L P has 34,370 shares. Paloma Mgmt invested in 18,428 shares. Citadel Limited Com invested 0% in TripAdvisor, Inc. (NASDAQ:TRIP). Adage Capital Prtnrs Group Ltd Company accumulated 153,400 shares or 0.01% of the stock. Walleye Trading Limited Liability Com stated it has 0.01% in TripAdvisor, Inc. (NASDAQ:TRIP). Carroll Associate accumulated 380 shares. Carmignac Gestion holds 0.04% or 175,193 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.01% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Sumitomo Mitsui Holdings holds 0.01% or 321,931 shares. 543 were reported by Fred Alger Management. Benjamin F Edwards And Co Inc owns 40 shares. Jpmorgan Chase And reported 483,515 shares or 0% of all its holdings. Eagle Capital Ltd Liability Corporation reported 11.01 million shares stake.

Since December 18, 2017, it had 0 insider buys, and 3 selling transactions for $1.51 million activity. Another trade for 9,457 shares valued at $378,280 was made by TEUNISSEN ERNST 02494 on Tuesday, February 6. Halpin Dermot sold $1.12M worth of stock or 26,313 shares.

TripAdvisor Inc (NASDAQ:TRIP) Receives a Downgrade

The stock rating of TripAdvisor Inc (NASDAQ:TRIP) was decreased by analysts at Guggenheim to a Sell. This has been announced in a research note sent to clients and investors on 16 May. Guggenheim currently has a $40.0000 price target on the shares, which means a possible downside of -17.88 %.

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

The stock increased 0.70% or $0.34 during the last trading session, reaching $48.71. About 3.21M shares traded or 23.75% up from the average. TripAdvisor, Inc. (NASDAQ:TRIP) has declined 5.46% since May 16, 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 earnings per share, 0.00 % or $0.00 from last year’s $0.25 per share. TRIP’s profit will be $34.35 million for 48.71 P/E if the $0.25 EPS becomes a reality. After $0.09 actual earnings per share 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: Seekingalpha.com which released: “TripAdvisor Inc. 2018 Q1 – Results – Earnings Call Slides” on May 09, 2018, also Prnewswire.com with their article: “TripAdvisor Joins the Yext PowerListings¬ģ Network” published on May 16, 2018, Seekingalpha.com published: “A Bet On TripAdvisor Would Be Ill-Advised” on April 26, 2018. More interesting news about TripAdvisor, Inc. (NASDAQ:TRIP) were released by: Seekingalpha.com and their article: “TripAdvisor’s Narrative Is Changing” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “TripAdvisor’s Green Shoots, Can They Last?” with publication date: May 16, 2018.

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

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