Cantor Fitzgerald Lowers Tripadvisor Price Target to $13.00
On February 24, 2025, Cantor Fitzgerald announced a reduction in its price target for Tripadvisor (NASDAQ:TRIP). The new target has been set at $13.00, down from the previous valuation of $14.00. This update came alongside an underweight rating on the travel company's stock, indicating a bearish outlook from the firm.
Tripadvisor's stock has been under scrutiny, with multiple analysts weighing in on its performance. Wedbush maintained a ‘neutral’ rating on Tripadvisor, setting a target price of $17.00 as noted in their report from December 19, 2024. Meanwhile, StockNews.com recently downgraded the stock from a ‘buy’ to a ‘hold’ rating on January 9, 2025.
TD Cowen has expressed a more optimistic view, increasing its target price for Tripadvisor from $15.00 to $20.00 and assigning a ‘hold’ rating back in November 2024. Similarly, B. Riley also lifted their price objective from $19.00 to $20.00, offering a ‘neutral’ perspective on the stock as of the same date. Further, JPMorgan Chase & Co. elevated their target from $14.00 to $15.00, but kept an ‘underweight’ rating.
Current consensus among analysts shows that three have issued a ‘sell’ rating, ten analysts recommend a ‘hold,’ and two suggest a ‘buy.’ MarketBeat reports that the overall consensus rating for Tripadvisor stands at ‘Hold’ with an average price target of approximately $17.71.
Tripadvisor's Recent Performance
The stocks for Tripadvisor opened at $15.11 on the reporting day. The financial indicators reflect the company's health, with a current ratio of 2.10 and a quick ratio of 1.85. Its debt-to-equity ratio sits at 0.93, showcasing a balanced approach to leverage. Tripadvisor's fifty-day simple moving average is noted at $15.98, while its 200-day average stands at $15.00. The market capitalization is currently valued at $2.11 billion, accompanied by a high price-to-earnings ratio of 755.88 and a PEG ratio of 9.01. The stock has faced volatility, with a twelve-month low recorded at $12.93 and a high of $28.76.
In its latest earnings report released on February 20, 2025, Tripadvisor disclosed an earnings per share (EPS) of $0.13 for the quarter, falling short of analyst expectations of $0.21 by $0.08. However, the company managed to generate revenues of $411.00 million for the quarter, surpassing the projected $400.02 million.
Institutional Investment in Tripadvisor
Recent shifts in investment positions reflect growing institutional interest in Tripadvisor. True Wealth Design LLC acquired a new stake in the third quarter, valued at approximately $27,000. Capital Performance Advisors LLP followed suit with another new stake, also in the third quarter, valued near $28,000. Other investors, such as Bogart Wealth LLC and Blue Trust Inc., also made headlines with new investments.
Blue Trust Inc. has increased its stake by an impressive 204.4%, ultimately overseeing 2,298 shares worth $33,000 after an additional purchase of 1,543 shares. In addition, Aster Capital Management boosted its holdings by 83.8%, now owning 3,414 shares valued at $50,000 after upping its stake by 1,557 shares. Overall, institutional investors hold approximately 98.99% of Tripadvisor's stock.
About Tripadvisor
Tripadvisor, Inc. operates as a leading online travel company, providing various travel guidance products and services globally. The company segments its operations into Tripadvisor Brand, Viator, and TheFork. The Tripadvisor Brand focuses on delivering travel guidance platforms where travelers can discover and share authentic user-generated content such as ratings and reviews for places, experiences, accommodations, restaurants, and cruises.
Tripadvisor, Stocks, Cantor