The closing price of Tripadvisor Inc. (NASDAQ: TRIP) was $22.74 for the day, down -0.96% from the previous closing price of $22.96. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 1774137 shares were traded. TRIP stock price reached its highest trading level at $23.05 during the session, while it also had its lowest trading level at $22.63.
Our analysis of TRIP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.83. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.30. In the meantime, Its Debt-to-Equity ratio is 1.11 whereas as Long-Term Debt/Eq ratio is at 1.10.
Upgrades & Downgrades
On April 20, 2022, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $39 to $30.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 06 when Gouvalaris Geoffrey sold 4,274 shares for $23.28 per share. The transaction valued at 99,516 led to the insider holds 26,551 shares of the business.
TEUNISSEN ERNST 02494 sold 15,000 shares of TRIP for $412,500 on Aug 16. The Chief Financial Officer now owns 33,523 shares after completing the transaction at $27.50 per share. On Mar 04, another insider, MAFFEI GREGORY B, who serves as the Director of the company, bought 50,000 shares for $22.38 each. As a result, the insider paid 1,119,084 and bolstered with 92,448 shares of the company.
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 3.91.
Stock Price History:
Over the past 52 weeks, TRIP has reached a high of $30.48, while it has fallen to a 52-week low of $16.87. The 50-Day Moving Average of the stock is 19.61, while the 200-Day Moving Average is calculated to be 22.14.
TRIP traded an average of 2.37M shares per day over the past three months and 1.75M shares per day over the past ten days. A total of 140.00M shares are outstanding, with a floating share count of 102.61M. Insiders hold about 0.20% of the company’s shares, while institutions hold 86.20% stake in the company. Shares short for TRIP as of Oct 13, 2022 were 13.06M with a Short Ratio of 11.61M, compared to 12.44M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 9.34% and a Short% of Float of 12.13%.
The firm’s stock currently is rated by 16 analysts. On average, analysts expect EPS of $0.38 for the current quarter, with a high estimate of $0.55 and a low estimate of $0.27, while EPS last year was $0.16. The consensus estimate for the next quarter is $0.19, with high estimates of $0.27 and low estimates of $0.1.
Analysts are recommending an EPS of between $1.14 and $0.7 for the fiscal current year, implying an average EPS of $0.88. EPS for the following year is $1.42, with 19 analysts recommending between $2.18 and $0.55.
It is expected that $90B in revenue will be generated in the current quarter, according to 16 analysts. It ranges from a high estimate of $450.6M to a low estimate of $419.3M. As of the current estimate, Tripadvisor Inc.’s year-ago sales were $303.17M, an estimated increase of 45.60% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $338.26M, an increase of 40.40% less than the figure of $45.60% in the same quarter last year. There is a high estimate of $366.5M for the next quarter, whereas the lowest estimate is $302.19M.
A total of 18 analysts have provided revenue estimates for TRIP’s current fiscal year. The highest revenue estimate was $1.49B, while the lowest revenue estimate was $1.42B, resulting in an average revenue estimate of $1.46B. In the same quarter a year ago, actual revenue was $902M, up 61.50% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $1.69B in the next fiscal year. The high estimate is $1.86B and the low estimate is $1.52B. The average revenue growth estimate for next year is up 15.80% from the average revenue estimate for this year.