As of Wednesday close, Tripadvisor Inc.’s (NASDAQ:TRIP) stock was down -$0.25, moving down -1.62 percent to $15.15. The average number of shares traded per day over the past five days has been 1,465,060 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.19 fall in that time frame. In the last twenty days, the average volume was 2,247,910, while in the previous 50 days, it was 2,374,286.
Since last month, TRIP stock retreated -17.57%. Shares of the company fell to $14.85 on 08/25/23, the lowest level in the past month. A 52-week high of $27.30 was reached on 02/15/23 after having rallying from a 52-week low of $14.39. Since the beginning of this year, TRIP’s stock price has dropped by -15.74% or -$2.83, and marked a new high 20 times. However, the stock has declined by -44.51% since its 52-week high.
TRIP stock investors should be aware that Tripadvisor Inc. (TRIP) stock had its last reported insider trading activity 197 days ago on Feb 15. Kalvert Seth J, the Chief Legal Officer & Sec. of the company, disposed of 25,944 shares for $26.91 on Feb 15. It resulted in a $698,153 divestment by the insider. Gouvalaris Geoffrey sold 4,274 shares at an average price of $23.28 on Sep 06. The insider now owns 26,551 shares following the transaction.
Valuation Metrics
The stock’s beta is 1.42. Besides these, the trailing price-to-sales (P/S) ratio of 1.24, the price-to-book (PB) ratio of 2.72, and the price-to-cash flow ratio of 10.45 may also be considered.
Financial Health
In the three months ended June 29, Tripadvisor Inc.’s quick ratio stood at 1.70, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.14, and the total debt-to-equity ratio was 1.15. On the profitability front, the trailing twelve-month gross margin is 92.10% percent. In the year ended June 29, EBITDA margin amounted to 13.81%, whereas operating margins totaled 5.20%. Based on annual data, TRIP earned $1.38 billion in gross profit and brought in $1.49 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 3.10%. Return on equity (ROE) for the past 12 months was -3.20%.
In Tripadvisor Inc.’s quarter-end financial report for June 29, it reported total debt of $838.0 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. TRIP’s revenue rose 15.59% to $371.0 million during the quarter, while net income inched up to $494.0 million. While analysts expected Tripadvisor Inc. to report $0.35 quarterly earnings, the actual figure was $0.34 per share, beating the consensus estimate by -2.90%. During the quarter, the company generated $65.0 million in EBITDA. The liabilities of Tripadvisor Inc. were 1.95 billion at the end of its most recent quarter ended June 29, and its total debt was $922.0 million. The value of shareholders’ equity is $137.99 million.
Technical Picture
This quick technical analysis looks at Tripadvisor Inc.’s (TRIP) price momentum. With a historical volatility rate of 20.19%, the RSI 9-day stood at 38.28% on 30 August.
With respect to its five-day moving average, the current Tripadvisor Inc. price is down by -1.24% percent or -$0.19. At present, TRIP shares trade -14.02% below its 20-day simple moving average and -20.39% percent below its 100-day simple moving average. However, the stock is currently trading approximately -8.24% below its SMA50 and -27.37% below its SMA200.
Stochastic coefficient K was 22.01% and Stochastic coefficient D was 16.82%, while ATR was 0.41. Given the Stochastic reading of 18.91% for the 14-day period, the RSI (14) reading has been calculated as 39.04%. As of today, the MACD Oscillator reading stands at 0.01, while the 14-day reading stands at -0.13.
Analyst Ratings
Wedbush launched its rating on Tripadvisor Inc. (NASDAQ: TRIP) to a Neutral in a note to investors on August 22, 2023. Tripadvisor Inc. (TRIP) has been rated Hold by analysts. According to 4 brokerage firms, TRIP is a sell, and 13 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Tripadvisor Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $18.00, the current consensus forecast for the stock is $14.00 – $28.00. Based on these forecasts, analysts predict Tripadvisor Inc. (TRIP) will achieve an average price target of $18.12.
