Safety, Community and Cultural Representation Drive Decision-MakingNEW YORK, Oct. 3, 2024 /PRNewswire/ -- Tripadvisor and Group Black today unveiled their "Black Travel Today" report, a comprehensive study exploring the unique travel preferences, behaviors, and considerations of Black travelers in the US. The findings reveal the importance of safety, community, and cultural representation in shaping travel decisions and provide valuable insights for brands and destinations aiming to attract and serve this g ...

With the S&P 500 sitting nervously above 5,700, many investors are wondering whether it's too late to move money off the sidelines and invest in stocks at a reasonable price. It's still very possible to seek value deals in thisWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on ...

HONG KONG, CHINA - 2024/05/31: Travelers shop at the TripAdvisor store, an American travel agency, ... [+] products, and restaurant website company, seen at Chek Lap Kok International Airport in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesTripadvisor stock (NASDAQ: TRIP) has declined from around $21 at the beginning of the year to $14 now - a 35% fall over a period when the benchmark S&P index grew 16%. In comparison, TRIP’s peer Booki ...

It has been about a month since the last earnings report for TripAdvisor (TRIP) . Shares have added about 2.7% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is TripAdvisor due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. TripAdvisor Q2 Earnings Beat, Rise Y/YTripAdv ...

NEEDHAM, Mass., Sept. 3, 2024 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) announced today that Matt Goldberg, CEO, will present at the Goldman Sachs Communacopia + Technology Conference at 4:25 p.m. Pacific on Tuesday, September 10, 2024, in San Francisco.  A live webcast of this event will be accessible through the Investor Relations website at ir.tripadvisor.com.  A replay will also be available.About Tripadvisor, Inc.The Tripadvisor Group operates as a family of brands that connects people to experi ...

Analysts wasted little time publishing bearish new takes on the company following the release of its latest set of earnings.A mixed quarterly earnings report from Tripadvisor (TRIP -1.78%) earlier this week simply wasn't good enough for either the market or analysts following the stock. Although there were elements of that report that were encouraging, expectations were too high and the shares were punished. According to data compiled by S&P Global Market Intelligence, they were down more than 13% in price ...

TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Stack Capital Group Inc., (TSX:STCK) is pleased to announce that Hopper Technology Solutions ("HTS"), the B2B division of Hopper, Inc., an existing portfolio holding, has announced a partnership with Tripadvisor LLC, a wholly owned subsidiary of Tripadvisor, Inc. (NASDAQ:TRIP), the world's largest travel guidance platform which allows travelers to find deals on accommodations, book experiences, reserve tables at restaurants, and discover great places nearby. The pa ...

TripAdvisor (NASDAQ:TRIP) is one company that has seen massive volatility over the past year. One year ago, TRIP stock was trading for around $16 per share. The travel and tourism stock then surged to more than $28 per share in March before falling back to earth in a big way, now trading around the $14 level.Part of this recent decline can be attributed to today’s large downside move in TRIP stock, with shares losing more than 13% as of this writing. This move appears to be directly related to a revenue mis ...

TripAdvisor (TRIP) reported second-quarter 2024 non-GAAP earnings of 39 cents per share, which rose 15% from the prior-year quarter. The figure also beat the Zacks Consensus Estimate by 2.6%.Revenues of $497 million increased 1% year over year. The figure missed the Zacks Consensus Estimate of $505.5 million.Top-line growth was driven by the strong momentum in the Viator segment. A well-performing TheFork segment also benefited the company.However, softness across Tripadvisor-branded hotels was concerning.Q ...

Core Viewpoint - Tripadvisor's stock has experienced a significant decline due to disappointing sales figures and concerns over future revenue growth, despite beating earnings expectations [1][2][3] Financial Performance - Tripadvisor reported earnings of $0.39 per share, surpassing the forecast of $0.37, but this figure was based on non-GAAP accounting, while GAAP earnings were only $0.17 per share, indicating no growth compared to the previous year [2] - Revenue for the quarter was $497 million, missing the expected $504.8 million, and reflecting only a 1% year-over-year growth [2] - Free cash flow fell dramatically by 59% year-over-year to $37 million, raising concerns about the company's financial health [2] Analyst Sentiment - Following the earnings report, five analysts lowered their price targets for Tripadvisor, with only one maintaining a buy rating, while two rated it neutral and two rated it a sell [3] - Tripadvisor's guidance suggests flat to declining revenue in the third quarter, with profit margins expected to decrease by approximately 350 to 450 basis points year-over-year [3] Valuation Concerns - Despite the earnings beat, Tripadvisor's stock is trading at nearly 100 times earnings, which raises questions about its valuation given the lack of growth [3]