TripAdvisor Inc. (NASDAQ: TRIP) has a higher price-to-earnings ratio of 414.31x compared to its average ratio. TRIP has 36-month beta value of 1.57. Analysts have mixed views 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 5.79% ratio of that float. The average trading volume of TRIP on April 16, 2024 was 2.48M shares.
TRIP) stock’s latest price update
TripAdvisor Inc. (NASDAQ: TRIP)’s stock price has plunge by -4.71relation to previous closing price of 26.74. Nevertheless, the company has seen a -5.80% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-15 that Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
TRIP’s Market Performance
TripAdvisor Inc. (TRIP) has experienced a -5.80% fall in stock performance for the past week, with a -5.24% drop in the past month, and a 30.33% rise in the past quarter. The volatility ratio for the week is 3.16%, and the volatility levels for the past 30 days are at 2.85% for TRIP. The simple moving average for the last 20 days is -7.54% for TRIP stock, with a simple moving average of 29.50% 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 -3.10% 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 -11.40% of loss for the given period.
Volatility was left at 2.85%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares sank -6.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.92% upper at present.
During the last 5 trading sessions, TRIP fell by -5.80%, which changed the moving average for the period of 200-days by +53.31% in comparison to the 20-day moving average, which settled at $27.46. In addition, TripAdvisor Inc. saw 18.35% 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 1.88. 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 put it simply, TripAdvisor Inc. (TRIP) has had a mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
