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TripAdvisor Inc (TRIP) – Don’t Be So Quick to Call it Dead

TripAdvisor Inc (NASDAQ: TRIP) is -15.71% lower on its value in year-to-date trading and has touched a low of $10.43 and a high of $27.10 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 $12.71 in the last trading session, with the day’s loss setting it -0.26%.

Currently trading at $12.45, the stock is 2.62% and -8.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing -2.05% at the moment leaves the stock -16.01% off its SMA200. TRIP registered -54.64% loss for a year compared to 6-month loss of -18.47%. The firm has a 50-day simple moving average (SMA 50) of $13.6022 and a 200-day simple moving average (SMA200) of $14.82395.

The stock witnessed a -12.14% gain in the last 1 month and extending the period to 3 months gives it a -29.82%, and is 0.89% up 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 3.11% over the week and 6.08% over the month.

TripAdvisor Inc (TRIP) has around 2860 employees, a market worth around $1.75B and $1.83B in sales. Current P/E ratio is 754.55 and Fwd P/E is 7.98. Profit margin for the company is 0.27%. Distance from 52-week low is 19.37% and -54.06% from its 52-week high. The company has generated returns on investments over the last 12 months (0.27%).

with sales reaching $387.69M over the same period.The EPS is expected to grow by 1.91% this year, but quarterly earnings will post 3.65% year-over-year. Quarterly sales are estimated to shrink -1.85% in year-over-year returns.

408.0 institutions hold shares in TripAdvisor Inc (TRIP), with institutional investors hold 93.87% of the company’s shares. The shares outstanding are 127.39M, and float is at 108.02M with Short Float at 8.28%. Institutions hold 84.61% 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 9.2691 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.

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