TripAdvisor Inc. [NASDAQ: TRIP] slipped around -7.32 points on Wednesday, while shares priced at $18.16 at the close of the session, down -28.73%.
Compared to the average trading volume of 2.45M shares, TRIP reached a trading volume of 27637566 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about TripAdvisor Inc. [TRIP]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TRIP shares is $26.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TRIP stock is a recommendation set at 2.92. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for TripAdvisor Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on January 09, 2024. The new note on the price target was released on December 14, 2023, representing the official price target for TripAdvisor Inc. stock.
The Average True Range (ATR) for TripAdvisor Inc. is set at 1.43, with the Price to Sales ratio for TRIP stock in the period of the last 12 months amounting to 1.40. The Price to Book ratio for the last quarter was 3.06, with the Price to Cash per share for the same quarter was set at 8.41. Price to Free Cash Flow for TRIP in the course of the last twelve months was 14.36 with Quick ratio for the last quarter at 1.69.
How has TRIP stock performed recently?
TripAdvisor Inc. [TRIP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -31.00. With this latest performance, TRIP shares dropped by -32.54% in over the last four-week period, additionally plugging by 12.73% over the last 6 months – not to mention a rise of 12.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TRIP stock in for the last two-week period is set at 16.04, with the RSI for the last a single of trading hit 10.68, and the three-weeks RSI is set at 21.45 for TripAdvisor Inc. [TRIP]. The present Moving Average for the last 50 days of trading for this stock 26.62, while it was recorded at 24.30 for the last single week of trading, and 20.43 for the last 200 days.
TripAdvisor Inc. [TRIP]: Deeper insight into the fundamentals
TripAdvisor Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.69 and a Current Ratio set at 1.69.
Earnings analysis for TripAdvisor Inc. [TRIP]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TRIP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for TripAdvisor Inc. go to 27.00%.
Insider trade positions for TripAdvisor Inc. [TRIP]
The top three institutional holders of TRIP stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in TRIP stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in TRIP stock with ownership which is approximately 5.8386%.
