TripAdvisor Inc (NASDAQ: TRIP) is 3.32% higher 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 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 $14.82 in the last trading session, with the day’s gains setting it 0.44%.
Currently trading at $15.26, the stock is 5.52% and 5.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.55 million and changing 2.97% at the moment leaves the stock -10.97% off its SMA200. TRIP registered -21.94% loss for a year compared to 6-month loss of -15.41%. The firm has a 50-day simple moving average (SMA 50) of $14.4914 and a 200-day simple moving average (SMA200) of $17.2035.
The stock witnessed a 11.63% gain in the last 1 month and extending the period to 3 months gives it a 3.46%, and is -0.59% 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 4.84% over the week and 3.96% over the month.
TripAdvisor Inc (TRIP) has around 2845 employees, a market worth around $2.13B and $1.81B in sales. Current P/E ratio is 65.41 and Fwd P/E is 11.49. Profit margin for the company is 1.98%. Distance from 52-week low is 18.07% and -46.94% from its 52-week high. The company has generated returns on investments over the last 12 months (1.96%).
The EPS is expected to shrink by -7.75% this year
393.0 institutions hold shares in TripAdvisor Inc (TRIP), with institutional investors hold 91.57% of the company’s shares. The shares outstanding are 126.42M, and float is at 107.59M with Short Float at 9.24%. Institutions hold 82.53% 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.
