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TripAdvisor’s Turnaround Gets Tripped Up


TripAdvisor’s Turnaround Gets Tripped Up

Coming into TripAdvisor's (NASDAQ: TRIP) recent earnings report, investors were hoping to see some incremental progress from the company's hotel segment. That side of TripAdvisor's business has largely been responsible for the company's stagnant revenue growth over the past couple of years but had begun to show some improvement in 2017.

However, as third-quarter results made clear, the hotel segment is still struggling to turn eyeballs into revenue, and things aren't likely to get better anytime soon.

Image source: Getty Images

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Source: Fool.com

TripAdvisor Inc. Stock

€9.40
-1.280%
We can see a decrease in the price for TripAdvisor Inc.. Compared to yesterday it has lost -€0.122 (-1.280%).
Currently there is a rather positive sentiment for TripAdvisor Inc. with 13 Buy predictions and 7 Sell predictions.
As a result the target price of 12 € shows a positive potential of 27.69% compared to the current price of 9.4 € for TripAdvisor Inc..
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