Is TripAdvisor Inc (NASDAQ:TRIP) Worth Your Time and Dime Following a Guggenheim Downgrade?

May 16, 2018 - By Clifton Ray

TripAdvisor, Inc. (NASDAQ:TRIP) Logo

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.30, from 0.94 in 2017Q3. It improved, 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.

Quantitative Invest Mgmt Lc accumulated 146,300 shares or 0.07% of the stock. Architects, New Jersey-based fund reported 4,885 shares. Aperio Group Inc Limited Liability Corporation has invested 0.01% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). Gru One Trading Lp accumulated 0.02% or 80,272 shares. Northwestern Mutual Wealth Mgmt invested in 0% or 1,633 shares. Nuwave Mngmt Limited Liability Corporation invested 0.14% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP). 153,400 were accumulated by Adage Cap Prns Grp Limited Liability Company. Deutsche Natl Bank Ag holds 0% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP) for 180,687 shares. Disciplined Growth Incorporated Mn, Minnesota-based fund reported 489,678 shares. Ariel Invs Ltd Liability Com owns 0.03% invested in TripAdvisor, Inc. (NASDAQ:TRIP) for 79,628 shares. Citadel Advisors Limited Liability Corporation invested in 202,248 shares or 0% of the stock. 113 were reported by Commonwealth Bankshares Of Aus. 26,600 are held by Saturna Cap Corporation. Glenmede Trust Na holds 0% or 700 shares. Hollencrest Capital Mgmt holds 0.06% of its portfolio in TripAdvisor, Inc. (NASDAQ:TRIP) for 14,000 shares.

Since December 18, 2017, it had 0 insider buys, and 3 selling transactions for $1.51 million activity. Another trade for 26,313 shares valued at $1.12M was sold by Halpin Dermot. On Monday, December 18 Nishar Dipchand sold $11,937 worth of TripAdvisor, Inc. (NASDAQ:TRIP) or 346 shares.

TripAdvisor Inc (NASDAQ:TRIP) Receives a Downgrade

Equity analysts at Guggenheim’s equity research division downgraded the rating for shares of TripAdvisor Inc (NASDAQ:TRIP) to a Sell on 16 May. Guggenheim now has a PT of $40.0000 on TRIP or approximately -17.88 % more downside.

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. Barclays Capital maintained TripAdvisor, Inc. (NASDAQ:TRIP) on Friday, February 16 with “Hold” rating. The firm has “Hold” rating given on Tuesday, May 8 by Deutsche Bank. Cowen & Co maintained TripAdvisor, Inc. (NASDAQ:TRIP) on Monday, November 27 with “Market Perform” rating. Susquehanna maintained it with “Hold” rating and $45.0 target in Friday, February 16 report. Stifel Nicolaus maintained TripAdvisor, Inc. (NASDAQ:TRIP) rating on Thursday, February 15. Stifel Nicolaus has “Hold” rating and $40.0 target. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) has “Hold” rating given on Thursday, May 10 by Wedbush. SunTrust maintained TripAdvisor, Inc. (NASDAQ:TRIP) on Monday, February 5 with “Hold” rating. The stock of TripAdvisor, Inc. (NASDAQ:TRIP) earned “Hold” rating by SunTrust on Thursday, February 15. The firm has “Hold” rating by RBC Capital Markets given on Thursday, February 15.

The stock increased 0.70% or $0.34 during the last trading session, reaching $48.71. About 3.21 million 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 $34.35M 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: Nasdaq.com which released: “5 Things TripAdvisor Wants You to Know” on May 15, 2018, also Seekingalpha.com with their article: “TripAdvisor’s Green Shoots, Can They Last?” 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 Inc. 2018 Q1 – Results – Earnings Call Slides” with publication date: May 09, 2018.

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

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