The price-to-earnings ratio for TripAdvisor Inc. (NASDAQ: TRIP) is 437.72x, which is above its average ratio. Moreover, the 36-month beta value for TRIP is 1.57. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 18 as “hold,” and 5 as “sell.”
The public float for TRIP is 102.58M and currently, short sellers hold a 6.07% of that float. On April 10, 2024, TRIP’s average trading volume was 2.54M shares.
TRIP) stock’s latest price update
TripAdvisor Inc. (NASDAQ: TRIP)’s stock price has plunge by -0.48relation to previous closing price of 27.05. Nevertheless, the company has seen a -2.89% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-03 that The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here’s why you should take advantage.
TRIP’s Market Performance
TripAdvisor Inc. (TRIP) has seen a -2.89% fall in stock performance for the week, with a 1.36% gain in the past month and a 26.03% surge in the past quarter. The volatility ratio for the week is 2.28%, and the volatility levels for the past 30 days are at 2.69% for TRIP. The simple moving average for the last 20 days is -2.27% for TRIP stock, with a simple moving average of 38.26% for the last 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 3.92% 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 -6.40% of loss for the given period.
Volatility was left at 2.69%, however, over the last 30 days, the volatility rate increased by 2.28%, as shares surge +1.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.00% upper at present.
During the last 5 trading sessions, TRIP fell by -2.89%, which changed the moving average for the period of 200-days by +59.67% in comparison to the 20-day moving average, which settled at $27.56. In addition, TripAdvisor Inc. saw 25.03% 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 1.99. 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
To wrap up, the performance of TripAdvisor Inc. (TRIP) has been better in recent times. The stock has received a bearish of “sell” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
