TripAdvisor (NASDAQ:TRIP) Given New $10.00 Price Target at JPMorgan Chase & Co.

TripAdvisor (NASDAQ:TRIP) had its price target lowered by JPMorgan Chase & Co. from $11.00 to $10.00 in a research report sent to investors on Friday,Benzinga reports. The firm currently has an underweight rating on the travel company’s stock.

Several other equities research analysts have also recently weighed in on the company. Wedbush upped their price target on TripAdvisor from $19.00 to $20.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. Barclays dropped their target price on shares of TripAdvisor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Monday, May 11th. UBS Group increased their price target on shares of TripAdvisor from $13.70 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Cantor Fitzgerald lowered their price target on shares of TripAdvisor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Friday. Finally, BTIG Research lowered shares of TripAdvisor from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 21st. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, TripAdvisor has an average rating of “Reduce” and an average target price of $14.71.

TripAdvisor Trading Up 3.5%

NASDAQ TRIP opened at $10.78 on Friday. TripAdvisor has a fifty-two week low of $9.01 and a fifty-two week high of $20.16. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.25 and a current ratio of 1.56. The stock has a 50 day simple moving average of $13.27 and a two-hundred day simple moving average of $11.71. The stock has a market cap of $1.25 billion, a P/E ratio of 1,079.08, a price-to-earnings-growth ratio of 2.04 and a beta of 0.86.

TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Thursday, August 6th. The travel company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.03). TripAdvisor had a net margin of 0.28% and a return on equity of 4.23%. The business had revenue of $385.30 million for the quarter, compared to analysts’ expectations of $506.27 million. During the same period last year, the firm posted $0.46 earnings per share. TripAdvisor’s quarterly revenue was down 7.2% on a year-over-year basis. On average, analysts forecast that TripAdvisor will post 0.69 earnings per share for the current year.

Insider Transactions at TripAdvisor

In related news, CEO Almir Ambeskovic sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $12.30, for a total value of $98,400.00. Following the transaction, the chief executive officer directly owned 34,396 shares of the company’s stock, valued at approximately $423,070.80. This represents a 18.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. K.J. Harrison & Partners Inc boosted its holdings in shares of TripAdvisor by 316.7% during the 1st quarter. K.J. Harrison & Partners Inc now owns 125,000 shares of the travel company’s stock valued at $1,332,000 after acquiring an additional 95,000 shares during the last quarter. U S Global Investors Inc. raised its holdings in shares of TripAdvisor by 32.3% during the first quarter. U S Global Investors Inc. now owns 1,372,941 shares of the travel company’s stock valued at $14,636,000 after purchasing an additional 335,087 shares during the last quarter. Leonteq Securities AG lifted its position in TripAdvisor by 153.9% during the first quarter. Leonteq Securities AG now owns 242,483 shares of the travel company’s stock valued at $2,585,000 after purchasing an additional 146,977 shares during the period. Blue Grotto Capital LLC lifted its position in TripAdvisor by 24.2% during the fourth quarter. Blue Grotto Capital LLC now owns 1,615,000 shares of the travel company’s stock valued at $23,514,000 after purchasing an additional 315,000 shares during the period. Finally, Persistent Asset Partners Ltd purchased a new stake in TripAdvisor in the fourth quarter worth approximately $1,456,000. 98.99% of the stock is owned by institutional investors.

TripAdvisor News Roundup

Here are the key news stories impacting TripAdvisor this week:

• Positive Sentiment: Bank of America Securities maintained a Buy rating and a $15 price target. The analyst acknowledged cyclical weakness but cited growth in Tripadvisor’s Experiences business and potential proceeds from the TheFork sale as sources of value. Analyst Maintains Buy on TripAdvisor
• Positive Sentiment: Management expects third-quarter Experiences bookings to grow approximately 5% to 7%. TheFork sale process could also provide capital and sharpen the company’s strategic focus. Tripadvisor expects Q3 experiences booked growth
• Neutral Sentiment: Tripadvisor said CFO Mike Noonan will hold investor meetings at the Oppenheimer Technology, Internet & Communications Conference on August 11. The event may provide additional details on strategy, operating trends, and the TheFork transaction. Tripadvisor Announces Participation at Upcoming Conferences
• Negative Sentiment: Second-quarter results were below expectations: adjusted EPS was $0.35 versus a roughly $0.38–$0.42 consensus, while revenue of $385.3 million was well below estimates near $506 million. Revenue declined 7.2% year over year, and EPS fell from $0.46 a year earlier. TripAdvisor Q2 Earnings and Revenues Lag Estimates
• Negative Sentiment: JPMorgan downgraded Tripadvisor to Underweight and cut its price target from $11 to $10, while Cantor Fitzgerald also assigned an Underweight rating and lowered its target from $10 to $9. The revisions reinforce concerns about slowing growth and near-term execution.
• Negative Sentiment: Coverage has emphasized that Tripadvisor’s growth is trailing major rivals, raising questions about whether the company may need additional asset sales or strategic changes to improve performance. Tripadvisor’s Growth Is Way Behind Rivals

TripAdvisor Company Profile

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.