Jefferies Keeps a Sell Rating on TripAdvisor Inc

By Austin Angelo

Jefferies analyst Brent Thill reiterated a Sell rating on TripAdvisor Inc (NASDAQ: TRIP) on October 29 and set a price target of $35. The company’s shares opened today at $37.40, close to its 52-week low of $35.34.

According to TipRanks.com, Thill is a top 100 analyst with an average return of 15.7% and a 74.0% success rate. Thill covers the Technology sector, focusing on stocks such as Endurance International, Nuance Communications, and Cornerstone Ondemand.

TripAdvisor Inc has an analyst consensus of Hold, with a price target consensus of $39.60.

Based on TripAdvisor Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $424 million and quarterly net profit of $27 million. In comparison, last year the company earned revenue of $421 million and had a net profit of $55 million.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is neutral on the stock.

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TripAdvisor, Inc. owns and operates a portfolio of online travel brands. It operates its business through the Hotel and Non-Hotel segments.