Analysts Expect TripAdvisor (TRIP) to Announce $0.17 EPS

Wall Street analysts expect TripAdvisor (NASDAQ:TRIP) to post earnings per share (EPS) of $0.17 for the current fiscal quarter, Zacks reports. Eleven analysts have made estimates for TripAdvisor’s earnings, with estimates ranging from $0.06 to $0.22. TripAdvisor reported earnings of $0.24 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 29.2%. The company is scheduled to issue its next quarterly earnings report after the market closes on Tuesday, May 8th.

On average, analysts expect that TripAdvisor will report full year earnings of $1.16 per share for the current year, with EPS estimates ranging from $1.05 to $1.39. For the next financial year, analysts forecast that the company will report earnings of $1.35 per share, with EPS estimates ranging from $1.18 to $1.80. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that cover TripAdvisor.

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TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Wednesday, February 14th. The travel company reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.08). TripAdvisor had a positive return on equity of 5.63% and a negative net margin of 1.22%. The business had revenue of $321.00 million during the quarter, compared to analyst estimates of $309.12 million. During the same quarter in the prior year, the company earned $0.16 EPS. The company’s revenue was up 1.6% on a year-over-year basis.

A number of equities research analysts recently weighed in on the stock. DA Davidson assumed coverage on shares of TripAdvisor in a report on Wednesday, April 4th. They issued a “neutral” rating and a $46.00 target price on the stock. Zacks Investment Research upgraded shares of TripAdvisor from a “sell” rating to a “buy” rating and set a $39.00 target price on the stock in a report on Thursday, January 11th. BidaskClub upgraded shares of TripAdvisor from a “strong sell” rating to a “sell” rating in a report on Wednesday, February 7th. Wedbush assumed coverage on shares of TripAdvisor in a report on Tuesday, April 3rd. They issued a “neutral” rating and a $42.00 target price on the stock. Finally, SunTrust Banks restated a “hold” rating on shares of TripAdvisor in a report on Friday, February 16th. Seven investment analysts have rated the stock with a sell rating and twenty have issued a hold rating to the company’s stock. TripAdvisor presently has a consensus rating of “Hold” and an average target price of $40.43.

In other news, insider Dermot Halpin sold 26,313 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $42.49, for a total transaction of $1,118,039.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Ernst 02494 Teunissen sold 9,457 shares of the stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $40.00, for a total transaction of $378,280.00. Following the transaction, the chief financial officer now directly owns 13,866 shares of the company’s stock, valued at $554,640. The disclosure for this sale can be found here. 1.09% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the company. Global Thematic Partners LLC grew its position in shares of TripAdvisor by 33.3% during the 4th quarter. Global Thematic Partners LLC now owns 890,889 shares of the travel company’s stock valued at $30,700,000 after acquiring an additional 222,410 shares during the period. Atlantic Trust Group LLC grew its position in shares of TripAdvisor by 8.0% during the 3rd quarter. Atlantic Trust Group LLC now owns 53,888 shares of the travel company’s stock valued at $2,184,000 after acquiring an additional 4,013 shares during the period. Ladenburg Thalmann Financial Services Inc. grew its position in shares of TripAdvisor by 66.2% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 13,443 shares of the travel company’s stock valued at $550,000 after acquiring an additional 5,356 shares during the period. Marathon Asset Management LLP grew its position in shares of TripAdvisor by 1.6% during the 4th quarter. Marathon Asset Management LLP now owns 343,919 shares of the travel company’s stock valued at $11,851,000 after acquiring an additional 5,374 shares during the period. Finally, YHB Investment Advisors Inc. bought a new position in shares of TripAdvisor during the 4th quarter valued at approximately $1,201,000. 88.62% of the stock is owned by hedge funds and other institutional investors.

TRIP opened at $41.14 on Friday. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 0.17. TripAdvisor has a fifty-two week low of $29.50 and a fifty-two week high of $50.95. The stock has a market capitalization of $5,631.55, a P/E ratio of 85.71, a price-to-earnings-growth ratio of 4.69 and a beta of 1.82.

TripAdvisor declared that its board has authorized a share buyback plan on Wednesday, February 14th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the travel company to repurchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

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About TripAdvisor

TripAdvisor, Inc operates as an online travel company. The company operates in two segments, Hotel and Non-Hotel. Its 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, tours, activities and attractions, and restaurant reservations on its site or mobile app, or on the site or app of travel partner sites.

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Earnings History and Estimates for TripAdvisor (NASDAQ:TRIP)

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