rts logo

Why TripAdvisor Inc (TRIP) Stock Could See Much Higher Prices Ahead

TripAdvisor Inc (NASDAQ: TRIP) is -21.33% lower on its value in year-to-date trading and has touched a low of $10.43 and a high of $27.63 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 $11.44 in the last trading session, with the day’s gains setting it 0.18%.

Currently trading at $11.62, the stock is -14.68% and -22.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.95 million and changing 1.57% at the moment leaves the stock -23.32% off its SMA200. TRIP registered -56.08% loss for a year compared to 6-month loss of -20.95%. The firm has a 50-day simple moving average (SMA 50) of $14.932 and a 200-day simple moving average (SMA200) of $15.15425.

The stock witnessed a -15.06% gain in the last 1 month and extending the period to 3 months gives it a -18.17%, and is -0.60% 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 12.94% over the week and 6.16% over the month.

TripAdvisor Inc (TRIP) has around 2860 employees, a market worth around $1.63B and $1.83B in sales. Current P/E ratio is 704.24 and Fwd P/E is 7.15. Profit margin for the company is 0.27%. Distance from 52-week low is 11.41% and -57.94% from its 52-week high. The company has generated returns on investments over the last 12 months (0.27%).

The EPS is expected to grow by 3.54% this year.

TripAdvisor Inc (TRIP) Top Institutional Holders

408.0 institutions hold shares in TripAdvisor Inc (TRIP), with institutional investors hold 93.84% of the company’s shares. The shares outstanding are 127.39M, and float is at 108.02M with Short Float at 8.85%. Institutions hold 84.59% 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

#####

Related Posts