Tripadvisor Inc (NASDAQ:TRIP) saw a large drop in short interest during the month of December. As of December 29th, there was short interest totalling 19,586,120 shares, a drop of 11.9% from the December 15th total of 22,238,710 shares. Based on an average trading volume of 2,124,431 shares, the short-interest ratio is currently 9.2 days. Currently, 18.3% of the shares of the company are sold short.
Shares of Tripadvisor (NASDAQ:TRIP) opened at $35.90 on Thursday. Tripadvisor has a 12-month low of $29.50 and a 12-month high of $53.47. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.47. The company has a market capitalization of $4,990.00, a PE ratio of 76.38, a PEG ratio of 4.32 and a beta of 2.33.
Tripadvisor (NASDAQ:TRIP) last posted its earnings results on Monday, November 6th. The travel company reported $0.36 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.36. Tripadvisor had a return on equity of 6.81% and a net margin of 4.26%. The firm had revenue of $439.00 million for the quarter, compared to analysts’ expectations of $451.27 million. During the same period last year, the firm earned $0.53 EPS. The company’s quarterly revenue was up 4.3% on a year-over-year basis. analysts predict that Tripadvisor will post 0.69 earnings per share for the current fiscal year.
Large investors have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. boosted its holdings in Tripadvisor by 13.0% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 406,835 shares of the travel company’s stock worth $15,542,000 after buying an additional 46,930 shares during the last quarter. Federated Investors Inc. PA boosted its holdings in Tripadvisor by 1,052.0% in the 2nd quarter. Federated Investors Inc. PA now owns 26,760 shares of the travel company’s stock worth $1,022,000 after buying an additional 24,437 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Tripadvisor by 18.2% in the 2nd quarter. Victory Capital Management Inc. now owns 22,826 shares of the travel company’s stock worth $872,000 after buying an additional 3,522 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Tripadvisor in the 2nd quarter worth about $608,000. Finally, Engineers Gate Manager LP acquired a new stake in Tripadvisor in the 2nd quarter worth about $747,000. Hedge funds and other institutional investors own 88.74% of the company’s stock.
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TripAdvisor, Inc owns and operates a portfolio of online travel brands. TripAdvisor, the Company’s brand, is a travel site. The Company operates through two segments: Hotel and Non-Hotel. The Company’s Hotel segment includes click-based advertising and transaction; display-based and subscription-based advertising, and other hotel operations.
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