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What should you know before buying stock in TripAdvisor Inc. (TRIP)

TripAdvisor Inc. (NASDAQ: TRIP) is 28.61% higher on its value in year-to-date trading and has touched a low of $14.15 and a high of $28.76 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TRIP stock was last observed hovering at around $27.79 in the last trading session, with the day’s loss setting it -0.1%.

Currently trading at $27.69, the stock is 1.24% and 10.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.7 million and changing -0.36% at the moment leaves the stock 44.62% off its SMA200. TRIP registered 46.82% gain for a year compared to 6-month gain of 66.91%. The firm has a 50-day simple moving average (SMA 50) of $2.05 and a 200-day simple moving average (SMA200) of $14.30.

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The stock witnessed a 3.24% loss in the last 1 month and extending the period to 3 months gives it a 29.82%, and is -3.05% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.49% over the week and 2.78% over the month.

TripAdvisor Inc. (TRIP) has around 2845 employees, a market worth around $3.82B and $1.79B in sales. Current P/E ratio is 450.24 and Fwd P/E is 14.20. Profit margin for the company is 0.56%. Distance from 52-week low is 95.69% and -3.72% from its 52-week high. The company has generated returns on investments over the last 12 months (0.57%).

TripAdvisor Inc. quarterly earnings per share for the current quarter are estimated at $0.11 with sales reaching $393.48M over the same period.The EPS is expected to grow by 22.65% this year, but quarterly earnings will post 9.20% year-over-year. Quarterly sales are estimated to grow 9.50% in year-over-year returns.

TripAdvisor Inc. (TRIP) Top Institutional Holders

410 institutions hold shares in TripAdvisor Inc. (TRIP), with institutional investors hold 103.15% of the company’s shares. The shares outstanding are 124.88M, and float is at 102.59M with Short Float at 6.07%. Institutions hold 86.64% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 10.82 million shares valued at $178.44 million. The investor’s holdings represent 8.64% of the TRIP Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 9.45 million shares valued at $155.91 million to account for 7.55% of the shares outstanding. The other top investors are Par Capital Management Inc which holds 5.4 million shares representing 4.31% and valued at over $89.05 million, while River Road Asset Management, LLC holds 3.34% of the shares totaling 4.18 million with a market value of $68.99 million.

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