This article was initially published on, written by George Macdonald

RBC Capital Gives a New Rating to TripAdvisor

RBC Capital analyst Mark Mahaney reiterated a Sector Perform rating on TripAdvisor Inc. (NASDAQ: TRIP) yesterday and set a price target of $91. The company’s shares closed yesterday at $91.99.

Mahaney said, “Based on intra-quarter data points, channel checks, and our model sensitivity analysis, we view Street estimates for Q2 as largely reasonable with slightly more likelihood for downside rather than upside variance. We expect TRIP to reiterate FY15 guidance and view the Street’s outlook for 27% Y/Y revenue and 13% Y/Y EBITDA growth to be reasonable.”

Currently, the analyst consensus on TripAdvisor Inc. is Hold and the average price target is $91.80, representing a -0.2% downside. In a report issued on July 6, Barclays also upgraded the stock to Hold with a $84 price target.

TripAdvisor Inc.`s market cap is currently $13.23B and has a P/E ratio of 60.8. The company has a book value ratio of 11.2%.

Financial bloggers on sites such as SeekingAlpha, the MotleyFool and others, seem to have a Positive view on TRIP. When evaluating the opinions of financial bloggers over the last 3 months, 68% of bloggers have indicated a Bullish sentiment, while 32% have indicated a Bearish sentiment. The average blogger Bullish sentiment in the Technology sector is 67% which is less positive than the blogger sentiment of TRIP.

Unlike RBC Capital`s latest rating, based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. Last month, Liberty Tripadvisor Holdings, Inc., a director at TRIP bought 1 shares for a total of $89.

According to, Mahaney is a top 25 analyst with an average return of24.4% and a 65.8% success rate. Mahaney covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, Angie’s List Inc., and Rubicon Project.

TripAdvisor Inc is an online travel company that provides access to the reviews and opinions of the millions of travelers users to plan and have the perfect trip..