Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, TripAdvisor Inc (NASDAQ: TRIP) closed at $15.02 down -0.60% from its previous closing price of $15.11. In other words, the price has decreased by -$0.60 from its previous closing price. On the day, 3.33 million shares were traded.
Ratios:
For a deeper understanding of TripAdvisor Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.12. 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 910.30, and their Forward P/E ratio for the next fiscal year is 9.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 63.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 2.23.
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 -5.07%, while the 200-Day Moving Average is calculated to be -5.77%.
Shares Statistics:
A total of 127.39M shares are outstanding, with a floating share count of 107.90M. Insiders hold about 23.14% of the company’s shares, while institutions hold 72.94% stake in the company.
