From MarketBeat:



Shares of Tripadvisor, Inc. (NASDAQ:TRIP) have been given a “Hold” rating by analysts, with an average 12-month target price of $21.06. The company’s stock rating varies from sell to buy by different analysts. Despite the ratings, the stock is trading up 0.7% and currently has a market cap of $2.97 billion.

In terms of earnings, Tripadvisor reported $0.35 earnings per share, beating analysts’ consensus estimates of $0.32 by $0.03. The company had a negative net margin but a positive return on equity. Analysts expect Tripadvisor to post 0.47 earnings per share for the current fiscal year.

Institutional investors have been adjusting their stakes in the company, with several new positions being added. Bessemer Group Inc., DekaBank Deutsche Girozentrale, and Dark Forest Capital Management LP are some of the investors adjusting their holdings.

TripAdvisor, Inc operates as an online travel company, primarily engaging in the provision of travel guidance products and services worldwide. The company operates in three segments: Tripadvisor Core, Viator, and TheFork.



Read more: Tripadvisor, Inc. (NASDAQ:TRIP) Receives Consensus Recommendation of “Hold” from Analysts