For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $13.79 in the prior trading day, TripAdvisor Inc (NASDAQ: TRIP) closed at $13.69, down -0.73%. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 3.06 million shares were traded.
Ratios:
Our goal is to gain a better understanding of TRIP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.45. For the most recent quarter (mrq), Quick Ratio is recorded 2.10 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.94.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on September 05, 2024, initiated with a Underweight rating and assigned the stock a target price of $12.
On August 07, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $26 to $19.
DA Davidson Downgraded its Buy to Neutral on May 09, 2024, whereas the target price for the stock was revised from $31 to $20.
Valuation Measures:
As of this moment, TripAdvisor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 829.70, and their Forward P/E ratio for the next fiscal year is 8.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 57.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 2.04.
Stock Price History:
Over the past 52 weeks, TRIP has reached a high of $28.76, while it has fallen to a 52-week low of $12.93. The 50-Day Moving Average of the stock is -14.08%, while the 200-Day Moving Average is calculated to be -13.13%.
Shares Statistics:
A total of 127.39M shares are outstanding, with a floating share count of 107.87M. Insiders hold about 23.16% of the company’s shares, while institutions hold 72.98% stake in the company.
