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TripAdvisor Inc (TRIP) Looks Ready for Growth Despite -35.25% Change This Year

TripAdvisor Inc (NASDAQ: TRIP) is -35.25% lower on its value in year-to-date trading and has touched a low of $12.93 and a high of $28.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TRIP stock was last observed hovering at around $14.58 in the last trading session, with the day’s loss setting it -0.64%.

Currently trading at $13.94, the stock is -9.95% and -5.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.13 million and changing -4.39% at the moment leaves the stock -28.42% off its SMA200. TRIP registered -26.98% loss for a year compared to 6-month loss of -22.98%. The firm has a 50-day simple moving average (SMA 50) of $14.814 and a 200-day simple moving average (SMA200) of $19.47475.

The stock witnessed a -8.71% gain in the last 1 month and extending the period to 3 months gives it a -4.13%, and is -10.01% 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 4.39% over the week and 3.64% over the month.

TripAdvisor Inc (TRIP) has around 2845 employees, a market worth around $1.86B and $1.81B in sales. Current P/E ratio is 59.75 and Fwd P/E is 10.27. Profit margin for the company is 1.98%. Distance from 52-week low is 7.85% and -51.53% from its 52-week high. The company has generated returns on investments over the last 12 months (1.96%).

with sales reaching $399.86M over the same period.The EPS is expected to shrink by -7.22% this year, but quarterly earnings will post 2.07% year-over-year. Quarterly sales are estimated to grow 2.53% in year-over-year returns.

TripAdvisor Inc (TRIP) Top Institutional Holders

402.0 institutions hold shares in TripAdvisor Inc (TRIP), with institutional investors hold 96.65% of the company’s shares. The shares outstanding are 124.88M, and float is at 105.07M with Short Float at 8.80%. Institutions hold 83.43% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 13.06 million shares valued at $232.61 million. The investor’s holdings represent 9.4341% of the TRIP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.91 million shares valued at $229.85 million to account for 9.3224 of the shares outstanding. The other top investors are FIL LTD which holds 4.98 million shares representing 3.5998% and valued at over $88.76 million, while BOSTON PARTNERS holds 3.4985 of the shares totaling 4.84 million with a market value of $86.27 million.

TripAdvisor Inc (TRIP) Insider Activity

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