Mizuho Securities Reaffirms Their Hold Rating on TripAdvisor (TRIP)

In a report released today, Lloyd Walmsley from Mizuho Securities maintained a Hold rating on TripAdvisor, with a price target of $17.00.

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According to TipRanks, Walmsley is a 5-star analyst with an average return of 26.5% and a 64.10% success rate. Walmsley covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Snap.

TripAdvisor has an analyst consensus of Hold, with a price target consensus of $16.17.

Based on TripAdvisor’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $553 million and a net profit of $53 million. In comparison, last year the company earned a revenue of $532 million and had a net profit of $39 million

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRIP in relation to earlier this year. Last month, Kristen Ann Dalton, the President of TRIP sold 18,000.00 shares for a total of $269,640.00.