Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for TripAdvisor Inc (NASDAQ: TRIP) improved of late. TRIP’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 3/8/24, TripAdvisor Inc (NASDAQ: TRIP) stock rose modestly by 0.9%, closing at $26.56. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TRIP is expected to continue to be a major Value Builder.
TripAdvisor has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. TripAdvisor has a slightly negative Appreciation Score of 33 but a very high Power Rating of 96, with the Positive Value Trend Rating the result.
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