Media headlines about Tripadvisor (NASDAQ:TRIP) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tripadvisor earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave headlines about the travel company an impact score of 46.6095969065099 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- SunTrust Banks Weighs in on Tripadvisor Inc’s Q2 2018 Earnings (TRIP) (americanbankingnews.com)
- Tripadvisor (TRIP) Lifted to “Hold” at ValuEngine (americanbankingnews.com)
- Tripadvisor (TRIP) Raised to “Hold” at BidaskClub (americanbankingnews.com)
- TripAdvisor Sacrifices Growth for Profitability (fool.com)
- Tripadvisor (TRIP) Price Target Raised to $41.00 at Barclays (americanbankingnews.com)
Shares of Tripadvisor (NASDAQ TRIP) traded up $0.92 during mid-day trading on Monday, reaching $43.32. The company had a trading volume of 5,167,445 shares, compared to its average volume of 3,951,691. Tripadvisor has a 12 month low of $29.50 and a 12 month high of $50.95. The stock has a market capitalization of $6,016.19, a price-to-earnings ratio of -309.41, a price-to-earnings-growth ratio of 5.61 and a beta of 2.22. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.67 and a quick ratio of 2.47.
Tripadvisor announced that its Board of Directors has approved a share repurchase program on Wednesday, February 14th that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the travel company to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.
A number of analysts have recently weighed in on TRIP shares. Deutsche Bank dropped their price objective on Tripadvisor from $40.00 to $37.00 and set a “hold” rating for the company in a research note on Tuesday, October 24th. Jefferies Group reissued a “sell” rating and set a $35.00 price objective on shares of Tripadvisor in a research note on Tuesday, October 31st. Royal Bank of Canada reissued a “hold” rating and set a $38.00 price objective on shares of Tripadvisor in a research note on Friday, November 3rd. Susquehanna Bancshares dropped their price objective on Tripadvisor from $32.00 to $28.00 and set a “neutral” rating for the company in a research note on Tuesday, November 7th. Finally, Wells Fargo & Co reissued a “market perform” rating and set a $33.00 price objective (down previously from $42.00) on shares of Tripadvisor in a research note on Wednesday, November 8th. Seven investment analysts have rated the stock with a sell rating and eighteen have given a hold rating to the company. Tripadvisor has a consensus rating of “Hold” and an average target price of $40.06.
In related news, CFO Ernst 02494 Teunissen sold 9,457 shares of the firm’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $40.00, for a total value of $378,280.00. Following the completion of the sale, the chief financial officer now owns 13,866 shares of the company’s stock, valued at $554,640. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.09% of the company’s stock.
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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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