A share price of TripAdvisor Inc [TRIP] is currently trading at $13.89, up 7.26%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TRIP shares have gain 1.61% over the last week, with a monthly amount glided 3.43%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
TripAdvisor Inc [NASDAQ: TRIP] stock has seen the most recent analyst activity on September 05, 2024, when Cantor Fitzgerald initiated its Underweight rating and assigned the stock a price target of $12. Previously, B. Riley Securities downgraded its rating to Neutral on August 07, 2024, and dropped its price target to $19. On May 09, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $20 on the stock. BMO Capital Markets started tracking the stock assigning a Market Perform rating and suggested a price target of $20 on January 09, 2024. BTIG Research upgraded its rating to a Buy but $25 remained the price target by the analyst firm on December 14, 2023. Bernstein upgraded its rating to Outperform for this stock on November 13, 2023. In a note dated October 17, 2023, Goldman initiated an Buy rating and provided a target price of $22 on this stock.
TripAdvisor Inc experienced fluctuations in its stock price throughout the past year between $12.93 and $28.76. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. TripAdvisor Inc [NASDAQ: TRIP] shares were valued at $13.89 at the most recent close of the market. An investor can expect a potential return of 0.79% based on the average TRIP price forecast.
Analyzing the TRIP fundamentals
Trailing Twelve Months sales for TripAdvisor Inc [NASDAQ:TRIP] were 1.81B which represents -0.19% decline. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.95.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.49 points at the first support level, and at 13.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.44, and for the 2nd resistance point, it is at 14.99.
Ratios To Look Out For
To put it in perspective, the Current Ratio for TripAdvisor Inc [NASDAQ:TRIP] is 1.85. As well, the Quick Ratio is 1.85, while the Cash Ratio is 1.4. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 2.05 and price to earnings (TTM) ratio is 59.54.
