Wunderlich Securities Adjusts TripAdvisor Model For Acquisitions, Currency Headwinds


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


In a report published Thursday, Wunderlich Securities analyst Blake T. Harper reiterated a Hold rating and $80.00 price target on TripAdvisor, Inc. (NASDAQ: TRIP).In the report, Wunderlich Securities noted, "We are updating our estimates on TripAdvisor, Inc. (TRIP) to better forecast the individual segments of the business, reducing our 2015 and 2016 estimates by ~1% due to expected fx headwinds, mainly from the Euro. We are now modeling the Subscription and Other segment to grow 72% y/y in 2015, up from our prior 59% y/y forecast, to reflect the full-year contributions of acquisitions in 2014 and offsetting it by lowering our click-based revenue (CPC) growth forecast to 17% y/y from 22% y/y."Our changes are highlighted below and in Figure 1, with the net effect of lowering our 2015 and 2016 revenue, EBITDA and EPS estimates by ~1% due to fx changes and lower margins from the Sub/Other segment compared to CPC. We maintain our $80 price target andHold rating on TRIP shares."TripAdvisor closed on Wednesday at $82.34.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Analyst ColorReiterationAnalyst RatingsBlake T. HarperWunderlich Securities