Media headlines about Tripadvisor (NASDAQ:TRIP) have been trending somewhat positive on Tuesday, AlphaOne reports. AlphaOne, a subsidiary of Accern, ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tripadvisor earned a news impact score of 0.03 on AlphaOne’s scale. AlphaOne also assigned news stories about the travel company an impact score of 94 out of 100, meaning that recent press coverage is extremely likely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have impacted Alpha One’s rankings:
- TripAdvisor resets passwords after some accounts were improperly accessed (finance.yahoo.com)
- ETFs with exposure to TripAdvisor, Inc. : May 16, 2017 (finance.yahoo.com)
- Official Price Target Objectives For TripAdvisor, Inc. (TRIP), Tribune Media Company (TRCO) – StockNewsMagazine (stocknewsmagazine.com)
- What Analysts Suggest About Tripadvisor Inc (NASDAQ:TRIP)? – ExpertGazette (expertgazette.com)
- With Airbnb’s $31 billion hotel takedown peaking, it’s eyeing the airline industry (finance.yahoo.com)
Shares of Tripadvisor (NASDAQ:TRIP) traded down 2.25% during midday trading on Tuesday, hitting $45.62. 2,624,565 shares of the stock were exchanged. Tripadvisor has a 12 month low of $40.45 and a 12 month high of $71.69. The stock has a market cap of $6.44 billion, a P/E ratio of 64.16 and a beta of 2.02. The firm has a 50 day moving average of $43.84 and a 200-day moving average of $47.95.
Tripadvisor (NASDAQ:TRIP) last issued its quarterly earnings results on Tuesday, May 9th. The travel company reported $0.16 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.17 by $0.01. The business had revenue of $372 million for the quarter, compared to analysts’ expectations of $376.67 million. Tripadvisor had a return on equity of 12.67% and a net margin of 8.08%. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the company earned $0.33 earnings per share. Equities research analysts anticipate that Tripadvisor will post $1.17 EPS for the current year.
TRIP has been the subject of several analyst reports. Cantor Fitzgerald reissued a “neutral” rating and issued a $60.00 price target on shares of Tripadvisor in a report on Monday, February 13th. Needham & Company LLC reissued a “hold” rating on shares of Tripadvisor in a report on Thursday, February 16th. Vetr downgraded shares of Tripadvisor from a “buy” rating to a “hold” rating and set a $42.29 price target for the company. in a report on Monday, April 17th. Miller Tabak assumed coverage on shares of Tripadvisor in a report on Wednesday, January 18th. They set a “hold” rating for the company. Finally, Jefferies Group LLC dropped their price objective on shares of Tripadvisor from $59.00 to $54.00 and set a “hold” rating for the company in a report on Friday, February 17th. Five analysts have rated the stock with a sell rating, seventeen have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $49.35.
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Tripadvisor Company Profile
TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.
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