TripAdvisor Inc [NASDAQ: TRIP] closed the trading session at $16.50.
The stocks have a year to date performance of 11.71 percent and weekly performance of -6.57 percent. The stock has been moved at 13.48 percent over the last six months. The stock has performed 3.77 percent around the most recent 30 days and changed 18.36 percent over the most recent 3-months.
If compared to the average trading volume of 2.45M shares, TRIP reached to a volume of 5104024 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $17.67 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 3.17. 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.
Cantor Fitzgerald have made an estimate for TripAdvisor Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on September 05, 2024. While these analysts kept the previous recommendation, B. Riley Securities dropped their target price from $26 to $19. The new note on the price target was released on August 07, 2024, representing the official price target for TripAdvisor Inc stock. Previously, the target price had yet another drop from $31 to $20, while DA Davidson kept a Neutral rating on TRIP stock.
The Average True Range (ATR) for TripAdvisor Inc is set at 0.71, with the Price to Sales ratio for TRIP stock in the period of the last 12 months amounting to 1.27. The Price to Book ratio for the last quarter was 2.43, with the Price to Cash per share for the same quarter was set at 7.98. Price to Free Cash Flow for TRIP in the course of the last twelve months was 37.69 with Quick ratio for the last quarter at 1.85.
TRIP stock trade performance evaluation
TripAdvisor Inc [TRIP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.57. With this latest performance, TRIP shares gained by 3.77% in over the last four-week period, additionally plugging by 13.48% over the last 6 months – not to mention a drop of -38.32% 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 44.01, with the RSI for the last a single of trading hit 33.98, and the three-weeks RSI is set at 49.10 for TripAdvisor Inc [TRIP]. The present Moving Average for the last 50 days of trading for this stock 15.79, while it was recorded at 17.48 for the last single week of trading, and 16.04 for the last 200 days.
TripAdvisor Inc [TRIP]: An insightful look at the core fundamentals
TripAdvisor Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.85 and a Current Ratio set at 1.85.
Earnings per share (EPS) analysis for TripAdvisor Inc [TRIP] stock
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 13.41%.
TripAdvisor Inc [TRIP]: Institutional Ownership
The top three institutional holders of TRIP stocks are: BLACKROCK INC. with ownership of 13.06 million shares, which is approximately 9.4341%. VANGUARD GROUP INC, holding 12.91 million shares of the stock with an approximate value of $$229.85 million in TRIP stocks shares; and VANGUARD GROUP INC, currently with $$88.76 million in TRIP stock with ownership which is approximately 3.5793%.
