NEW YORK (TheStreet) -- Shares of TripAdvisor Inc. are higher by 14.61% to $77.10 in pre-market trading on Thursday, after the online travel booking company posted better than expected 2014 fourth quarter revenue results which improved year over year. For the most recent quarter TripAdvisor's revenue increased by 35% to $288 million over the 2013 fourth quarter. Analysts were expecting revenue of $285.11 million for the quarter. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TripAdvisor said its non-GAAP net income grew by 73% to $52 million, or 35 cents per share over the same period last year. The company's earnings per share results fell shy of the 37 cents analysts had forecast. Additionally, TripAdvisor's price target was lowered to $88 from $92 by analysts at Credit Suisse following the company's earnings results. Separately, TheStreet Ratings team rates TRIPADVISOR INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation: "We rate TRIPADVISOR INC (TRIP) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income." You can view the full analysis from the report here: TRIP Ratings Report TRIP data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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