Currently, there are 127.39M common shares owned by the public and among those 107.87M shares have been available to trade.
The company’s stock has a 5-day price change of -1.60% and -3.55% over the past three months. TRIP shares are trading -8.12% year to date (YTD), with the 12-month market performance down to -48.44% lower. It has a 12-month low price of $12.93 and touched a high of $28.76 over the same period. TRIP has an average intraday trading volume of 2.85 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -12.18%, -14.71%, and -13.39% respectively.
Institutional ownership of TripAdvisor Inc (NASDAQ: TRIP) shares accounts for 72.97% of the company’s 127.39M shares outstanding.
It has a market capitalization of $1.90B and a beta (3y monthly) value of 1.29. The stock’s trailing 12-month PE ratio is 822.42, while the earnings-per-share (ttm) stands at $0.02. The company has a PEG of 53.47 and a Quick Ratio of 2.10 with the debt-to-equity ratio at 0.96. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.63% over the week and 4.49% over the month.
Earnings per share for the fiscal year are expected to increase by 5.77%, and 19.03% over the next financial year. EPS should grow at an annualized rate of 15.38% over the next five years, compared to -47.87% over the past 5-year period.
Looking at the support for the TRIP, a number of firms have released research notes about the stock. Cantor Fitzgerald stated their Underweight rating for the stock in a research note on September 05, 2024, with the firm’s price target at $12. B. Riley Securities coverage for the TripAdvisor Inc (TRIP) stock in a research note released on August 07, 2024 offered a Neutral rating with a price target of $19. DA Davidson was of a view on May 09, 2024 that the stock is Neutral, while BMO Capital Markets gave the stock Market Perform rating on January 09, 2024, issuing a price target of $20. BTIG Research on their part issued Buy rating on December 14, 2023.
