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TripAdvisor Inc (TRIP) Is Now En Route to Higher Prices

TripAdvisor Inc (NASDAQ: TRIP) is -4.64% lower on its value in year-to-date trading and has touched a low of $12.93 and a high of $28.64 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 $14.68 in the last trading session, with the day’s loss setting it -0.59%.

Currently trading at $14.09, the stock is -1.44% and -11.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing -4.05% at the moment leaves the stock -8.74% off its SMA200. TRIP registered -49.68% loss for a year compared to 6-month gain of -2.39%. The firm has a 50-day simple moving average (SMA 50) of $15.831 and a 200-day simple moving average (SMA200) of $15.4333.

The stock witnessed a -2.53% loss in the last 1 month and extending the period to 3 months gives it a -2.26%, and is -5.41% 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 3.56% over the week and 3.87% over the month.

TripAdvisor Inc (TRIP) has around 2860 employees, a market worth around $1.98B and $1.83B in sales. Current P/E ratio is 853.64 and Fwd P/E is 8.62. Profit margin for the company is 0.27%. Distance from 52-week low is 8.97% and -50.82% from its 52-week high. The company has generated returns on investments over the last 12 months (0.27%).

with sales reaching $388.51M over the same period.The EPS is expected to grow by 5.58% this year, but quarterly earnings will post 5.52% year-over-year. Quarterly sales are estimated to shrink -1.64% in year-over-year returns.

TripAdvisor Inc (TRIP) Top Institutional Holders

405.0 institutions hold shares in TripAdvisor Inc (TRIP), with institutional investors hold 93.64% of the company’s shares. The shares outstanding are 127.39M, and float is at 108.03M with Short Float at 8.66%. Institutions hold 84.41% 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 9.3802% 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 3.5793% and valued at over $88.76 million, while BOSTON PARTNERS holds 3.4785 of the shares totaling 4.84 million with a market value of $86.27 million.

TripAdvisor Inc (TRIP) Insider Activity

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