TripAdvisor Inc. (NASDAQ: TRIP) has a higher price-to-earnings ratio of 452.85x compared to its average ratio, The 36-month beta value for TRIP is at 1.57. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 18 as “hold,” and 5 as “sell.”
The public float for TRIP is 102.59M, and currently, shorts hold a 6.07% of that float. The average trading volume for TRIP on March 28, 2024 was 2.60M shares.
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TRIP) stock’s latest price update
The stock price of TripAdvisor Inc. (NASDAQ: TRIP) has plunged by -0.50 when compared to previous closing price of 27.99, but the company has seen a -0.71% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-15 that TripAdvisor (TRIP) reported earnings 30 days ago. What’s next for the stock?
TRIP’s Market Performance
TRIP’s stock has fallen by -0.71% in the past week, with a monthly rise of 2.35% and a quarterly rise of 29.72%. The volatility ratio for the week is 2.29% while the volatility levels for the last 30 days are 2.71% for TripAdvisor Inc. The simple moving average for the past 20 days is 2.21% for TRIP’s stock, with a 46.31% simple moving average for the past 200 days.
Analysts’ Opinion of TRIP
Many brokerage firms have already submitted their reports for TRIP stocks, with BMO Capital Markets repeating the rating for TRIP by listing it as a “Market Perform.” The predicted price for TRIP in the upcoming period, according to BMO Capital Markets is $20 based on the research report published on January 09, 2024 of the current year 2024.
BTIG Research, on the other hand, stated in their research note that they expect to see TRIP reach a price target of $25. The rating they have provided for TRIP stocks is “Buy” according to the report published on December 14th, 2023.
TRIP Trading at 12.20% from the 50-Day Moving Average
After a stumble in the market that brought TRIP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.16% of loss for the given period.
Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares surge +3.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.75% upper at present.
During the last 5 trading sessions, TRIP fell by -0.71%, which changed the moving average for the period of 200-days by +68.69% in comparison to the 20-day moving average, which settled at $27.30. In addition, TripAdvisor Inc. saw 29.35% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TRIP
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.9 for the gross margin
The net margin for TripAdvisor Inc. stands at 0.01. The total capital return value is set at 0.07. Equity return is now at value 1.15, with 0.39 for asset returns.
Based on TripAdvisor Inc. (TRIP), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.98. The interest coverage ratio of the stock is 3.16.
Currently, EBITDA for the company is 238.0 million with net debt to EBITDA at -0.58. When we switch over and look at the enterprise to sales, we see a ratio of 2.06. The receivables turnover for the company is 9.31for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.27.
Conclusion
In conclusion, TripAdvisor Inc. (TRIP) has had a better performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
