Market Momentum Report: TripAdvisor Inc (TRIP)’s Negative Close at 17.74

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The price of TripAdvisor Inc (NASDAQ: TRIP) closed at $17.74 in the last session, down -0.67% from day before closing price of $17.86. In other words, the price has decreased by -$0.67 from its previous closing price. On the day, 1.88 million shares were traded. TRIP stock price reached its highest trading level at $18.1 during the session, while it also had its lowest trading level at $17.685.

Ratios:

We take a closer look at TRIP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 1.85. 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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRIP now has a Market Capitalization of 2471820544 and an Enterprise Value of 2268818176. As of this moment, TripAdvisor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 76.04, and their Forward P/E ratio for the next fiscal year is 12.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36 while its Price-to-Book (P/B) ratio in mrq is 2.62. Its current Enterprise Value per Revenue stands at 1.251 whereas that against EBITDA is 14.005.

Stock Price History:

The Beta on a monthly basis for TRIP is 1.35, which has changed by -0.19290262 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. 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 20.65%, while the 200-Day Moving Average is calculated to be 6.37%.

Shares Statistics:

According to the various share statistics, TRIP traded on average about 2.56M shares per day over the past 3-months and 3143870 shares per day over the past 10 days. A total of 126.42M shares are outstanding, with a floating share count of 107.59M. Insiders hold about 22.79% of the company’s shares, while institutions hold 69.02% stake in the company. Shares short for TRIP as of 1736899200 were 10501503 with a Short Ratio of 4.10, compared to 1734048000 on 9242786. Therefore, it implies a Short% of Shares Outstanding of 10501503 and a Short% of Float of 11.06.

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