TRIP Stock Summary and Trading Ideas (Tripadvisor | NASDAQ:TRIP)

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 April 17, 2024, TRIP stock price climbed to $25.40 with 1,130,651 million shares trading.

TRIP has a beta of 1.60, meaning it tends to be more sensitive to market movements. TRIP has a correlation of 0.22 to the broad based SPY ETF.

TRIP has a market cap of $3.50 billion. This is considered a Mid Cap stock.

Last quarter Tripadvisor reported $390 million in Revenue and $.38 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.16.

In the last 3 years, TRIP stock traded as high as $54.27 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 outperformed the market in the last year with a return of +36.3%, while the SPY ETF gained +22.5%. In the last 3 month period, TRIP beat the market returning +27.8%, while SPY returned +6.3%. However, in the most recent 2 weeks TRIP has underperformed the stock market by returning -8.2%, while SPY returned -3.6%.

TRIP support price is $24.68 and resistance is $25.74 (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.