TripAdvisor Inc. (NASDAQ: TRIP)’s stock price has plunge by -0.23relation to previous closing price of 17.62. Nevertheless, the company has seen a -2.82% plunge in its stock price over the last five trading sessions. accesswire.com reported 2024-06-24 that NEW YORK, NY / ACCESSWIRE / June 24, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Tripadvisor, Inc. (“Tripadvisor”) (:TRIP) concerning possible violations of federal securities laws. On May 9, 2024, the Company hosted its quarterly earnings call.
Is It Worth Investing in TripAdvisor Inc. (NASDAQ: TRIP) Right Now?
The price-to-earnings ratio for TripAdvisor Inc. (NASDAQ: TRIP) is 116.12x, which is above its average ratio. Moreover, the 36-month beta value for TRIP is 1.43. 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.”
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The public float for TRIP is 103.96M and currently, short sellers hold a 7.05% of that float. On June 26, 2024, TRIP’s average trading volume was 2.59M shares.
TRIP’s Market Performance
The stock of TripAdvisor Inc. (TRIP) has seen a -2.82% decrease in the past week, with a -1.07% drop in the past month, and a -37.57% fall in the past quarter. The volatility ratio for the week is 2.04%, and the volatility levels for the past 30 days are at 2.09% for TRIP. The simple moving average for the last 20 days is -3.03% for TRIP stock, with a simple moving average of -15.33% for the last 200 days.
Analysts’ Opinion of TRIP
Many brokerage firms have already submitted their reports for TRIP stocks, with DA Davidson repeating the rating for TRIP by listing it as a “Neutral.” The predicted price for TRIP in the upcoming period, according to DA Davidson is $20 based on the research report published on May 09, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see TRIP reach a price target of $20. The rating they have provided for TRIP stocks is “Market Perform” according to the report published on January 09th, 2024.
BTIG Research gave a rating of “Buy” to TRIP, setting the target price at $25 in the report published on December 14th of the previous year.
TRIP Trading at -16.38% 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 -38.87% of loss for the given period.
Volatility was left at 2.09%, however, over the last 30 days, the volatility rate increased by 2.04%, as shares sank -1.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.26% lower at present.
During the last 5 trading sessions, TRIP fell by -2.82%, which changed the moving average for the period of 200-days by +13.57% in comparison to the 20-day moving average, which settled at $18.11. In addition, TripAdvisor Inc. saw -18.35% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TRIP
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.89 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 2.94, with 0.89 for asset returns.
Based on TripAdvisor Inc. (TRIP), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is 2.93.
Currently, EBITDA for the company is 238.0 million with net debt to EBITDA at -0.98. When we switch over and look at the enterprise to sales, we see a ratio of 1.21. The receivables turnover for the company is 6.21for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
To wrap up, the performance of TripAdvisor Inc. (TRIP) has been bad in recent times. The stock has received a bearish of “sell” and “hold” ratings from analysts. 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.
