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Friday, January 21, 2022

The Unprecedented Rise of TripAdvisor Inc. (TRIP)

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Many stocks have been testing new highs in 2020, and one of the most notable is TripAdvisor Inc. (TRIP). Currently, TRIP is trading at $25.45 and the avg recommendation for the stock is Hold. while the current analyst price target stands at $21.41.

To add more color to this target, the company’s high over the last year is $43.10 and the low is $13.73. Over the last 52 weeks, TRIP is down -40.96% while the S&P 500 is up 1.21%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, TRIP reported a profit of $259.0 million. TripAdvisor Inc. also saw revenues increase to $278.0 million. In addition, TRIP has free cash flow of -$90.0 million as of 03-2020 The company’s EBITDA came in at $5.0 million which compares well with its peers.

TRIP booked profit margins of 5.70%, its Return on Equity (ROE) is 6.20%, and its Return on Assets is 3.60%. All told, it is clear that, TRIP needs to be on your watchlist.

About TripAdvisor Inc.

If readers are unfamiliar, TripAdvisor, Inc. operates as an online travel company. It operates in two segments, Hotels, Media & Platform; and Experiences & Dining. The company operates TripAdvisor-branded Websites, including tripadvisor.com in the United States; and localized versions of the Website in 48 markets and 28 languages. It also manages and operates other travel media brands that provide users the comprehensive travel-planning and trip-taking resources in the travel industry, such as bokun.io, bookingbuddy.com, cruisecritic.com, familyvacationcritic.com, flipkey.com, thefork.com, holidaylettings.co.uk, holidaywatchdog.com, housetrip.com, jetsetter.com, niumba.com, onetime.com, oyster.com, seatguru.com, singleplatform.com, smartertravel.com, vacationhomerentals.com, and viator.com. In addition, the company provides information and services for consumers to research and book restaurants in travel destinations; and vacation and short-term rental properties, including full home rentals, condominiums, villas, beach rentals, cabins, and cottages. Its Websites feature 859 million reviews and opinions on 8.6 million places comprising 1.4 million hotels, inns, B&Bs, and specialty lodging; 842,000 rental properties; 5.2 million restaurants; and 1.2 million travel activities and experiences worldwide. TripAdvisor, Inc. was founded in 2000 and is headquartered in Needham, Massachusetts.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. TRIP has a short ratio of 2.53 and outstanding shares of 136.00M.

Company Outlook

TRIP has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 5.59 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 0.59. TripAdvisor Inc. TRIP also noted assets of $2.43 billion at the end of the last quarter. Investors should also keep an eye on sector updates as TRIP has historically followed its peers on positive news.

All told, TripAdvisor Inc. TRIP has strung together solid data and demonstrated underlying fundamentals. At its current valuation, TRIP represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

TripAdvisor Inc. TRIP is now commanding a market cap of 2.95B and a float of 102.39M. TRIP is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of TRIP stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in TRIP, either long or short, and we have not been compensated for this article.

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