13-May-2024
TRIPADVISOR PREDICTS BUSY SUMMER TRAVEL SEASON FOR AMERICANS; AN INCREASING DESIRE FOR ADVENTURE
PRNewswire (Tue, 14-May 4:00 AM ET)
TripAdvisor takes itself off the market leaving analysts split on company's fate
Seeking Alpha News (Sun, 12-May 9:00 AM ET)
TipRanks (Thu, 9-May 8:41 AM ET)
TipRanks (Thu, 9-May 6:40 AM ET)
TipRanks (Thu, 9-May 6:31 AM ET)
TripAdvisor: A Balanced Hold Rating Amidst Growth and Market Uncertainties
TipRanks (Thu, 9-May 6:23 AM ET)
How to Make 43% ROI with TRIP Bull Call Spread
Market Chameleon (Wed, 8-May 10:13 AM ET)
Why Selling This Iron Condor in TRIP Makes Sense for a $0.75 Credit
Market Chameleon (Wed, 8-May 10:12 AM ET)
Tripadvisor, Inc. Earnings Press Release Available on Company's Investor Relations Site
PRNewswire (Wed, 8-May 7:05 AM ET)
Tripadvisor to Issue First Quarter 2024 Financial Results on May 8, 2024
PRNewswire (Mon, 6-May 4:05 PM ET)
Tripadvisor is the world's leading travel metasearch company. Its platform offers 1 billion reviews and information on about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2023, 58% of revenue came from the company's core Brand Tripadvisor segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 41% of sales in 2023, and TheFork, its dining brand, represented 9% of revenue (about 8% of sales were intersegment, which are eliminated from consolidated revenue).
Tripadvisor trades on the NASDAQ stock market under the symbol TRIP.
As of May 13, 2024, TRIP stock price climbed to $18.64 with 3,352,611 million shares trading.
TRIP has a beta of 1.30, meaning it tends to be more sensitive to market movements. TRIP has a correlation of 0.08 to the broad based SPY ETF.
TRIP has a market cap of $2.59 billion. This is considered a Mid Cap stock.
Last quarter Tripadvisor reported $395 million in Revenue and $.12 earnings per share. This beat revenue expectation by $170,000 and exceeded earnings estimates by $.10.
In the last 3 years, TRIP stock traded as high as $44.99 and as low as $14.15.
The top ETF exchange traded funds that TRIP belongs to (by Net Assets): IJR, VTI, VB, VXF, VBK.
TRIP has underperformed the market in the last year with a price return of +19.6% while the SPY ETF gained +28.2%. TRIP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -26.8% and -31.0%, respectively, while the SPY returned +5.8% and +2.1%, respectively.
TRIP support price is $17.75 and resistance is $18.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TRIP stock will trade within this expected range on the day.