TripAdvisor Inc. (TRIP) concluded trading on 01/11/24 at a closing price of $19.84, with 2.54 million shares of worth about $50.47 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.02% during that period and on Thursday the price saw a loss of about -2.27%. Currently the company’s common shares owned by public are about 128.05M shares, out of which, 102.72M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 21 analysts are covering the TRIP stock and their offered price forecasts bring an average price target of $21.39. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $30.00 and could fall to a lowest price of $15.00. The stock’s current price level is 7.25% above of average price target set by the analysts, while a rise to estimated low would result in loss of -32.27% for the stock. However, touching the estimated high of $30.00 would mean a gain of 33.87% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 60 times over the past 12 months. They bought 350,163 shares in 33 of the transactions. In 27 selling transactions, insiders dumped 107,397 shares.
TripAdvisor Inc. (NASDAQ: TRIP) started trading at $20.22, below -$0.08 from concluding price of the previous day. However, the stock later moved at a day high price of 20.22, or with a loss of -2.27%. Stock saw a price change of -6.15% in past 5 days and over the past one month there was a price change of 7.83%. Year-to-date (YTD), TRIP shares are showing a performance of -7.85% which decreased to -3.60% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.15 but also hit the highest price of $27.30 during that period. The average intraday trading volume for TripAdvisor Inc. shares is 2.81 million. The stock is currently trading -3.47% below its 20-day simple moving average (SMA20), while that difference is up 5.76% for SMA50 and it goes to 15.93% higher than SMA200.
TripAdvisor Inc. (NASDAQ: TRIP) currently have 128.05M outstanding shares and institutions hold larger chunk of about 76.74% of that.
The stock has a current market capitalization of $2.74B and its 3Y-monthly beta is at 1.51. It has posted earnings per share of -$0.18 in the same period. It has Quick Ratio of 1.95 while making debt-to-equity ratio of 1.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TRIP, volatility over the week remained 4.23% while standing at 3.76% over the month.
Stock’s fiscal year EPS is expected to rise by 45.18% while it is estimated to increase by 41.37% in next year.
Analysts at 21 brokerage firms have issued recommendations for the TripAdvisor Inc. (TRIP)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.86. Out of those 21 Wall Street analysts, 5 recommended a “Buy” rating, while 9 were in favor recommending the stock as a “Hold” and 4 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on January 09, 2024 offering a Market perform rating for the stock and assigned a target price of $20 to it.
