During the recent session, TripAdvisor Inc. (NASDAQ:TRIP)’s traded shares were 1.16 million, with the beta value of the company hitting 1.57. At the last check today, the stock’s price was $26.24, reflecting an intraday gain of 0.36% or $0.09. The 52-week high for the TRIP share is $28.76, that puts it down -9.6 from that peak though still a striking 46.07% gain since the share price plummeted to a 52-week low of $14.15. The company’s market capitalization is $3.62B, and the average trade volume was 2.36 million shares over the past three months.
TripAdvisor Inc. (NASDAQ:TRIP) trade information
TripAdvisor Inc. (TRIP) registered a 0.36% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.36% in intraday trading to $26.24, hitting a weekly high. The stock’s 5-day price performance is 3.94%, and it has moved by -6.24% in 30 days. Based on these gigs, the overall price performance for the year is 50.14%.
TripAdvisor Inc. (TRIP) estimates and forecasts
Statistics show that TripAdvisor Inc. has outperformed its competitors in share price, compared to the industry in which it operates. TripAdvisor Inc. (TRIP) shares have gone up 72.09% during the last six months, with a year-to-date growth rate more than the industry average at 21.71% against 16.00. In the rating firms’ projections, revenue will increase 9.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 394.83M as predicted by 18 analyst(s). Meanwhile, a consensus of 18 analyst(s) estimates revenue growth to 541.77M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 359.41M and 494M respectively. In this case, analysts expect current quarter sales to grow by 9.90% and then jump by 9.70% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -38.38%. While earnings are projected to return 20.54% in 2024, the next five years will return 27.00% per annum.
TRIP Dividends
TripAdvisor Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
