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Janney Montgomery Scott Starts Stock Coverage on TripAdvisor (TRIP): Janney Montgomery Scott assumed coverage on shares of TripAdvisor (NASDAQ: TRIP) in a report released on Wednesday. The firm issued a buy rating on the stock. A number of other firms have also recently commented on TRIP. Analysts at Piper Jaffray reiterated an overweight rating on shares of TripAdvisor in a research note to investors on Tuesday. They now have a $45.00 price target on the stock. Separately, analysts at Deutsche Bank upgraded shares of TripAdvisor from a hold rating to a buy rating in a research note to investors on Monday. They now have a $50.00 price target on the stock, up previously from $37.00. Finally, analysts at Morgan Stanley upgraded shares of TripAdvisor to an overweight rating in a research note to investors on Thursday, December 6th. TripAdvisor opened at 40.91 on Wednesday. TripAdvisor has a 1-year low of $23.99 and a 1-year high of $47.81. The company has a market cap of $5.823 billion and a price-to-earnings ratio of 31.49. TripAdvisor last released its earnings data on Thursday, November 1st. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.04. The company had revenue of $212.70 billion for the quarter, compared to the consensus estimate of $211.30 billion. TripAdvisor’s revenue was up 17.6% compared to the same quarter last year. On average, analysts predict that TripAdvisor will post $1.51 earnings per share for the current fiscal year. TripAdvisor, Inc. (TripAdvisor) is an online travel research company, enabling users to plan and have a trip. |
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| aus der Diskussion: | Tripadvisor - spin-off von Expedia |
| Autor (Datum des Eintrages): | fredthejet (12.12.12 21:36:08) |
| Beitrag: | 10 von 71 (ID:43921947) |
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