Alert: Rating Downgrade (7/29/24)-TripAdvisor Inc (NASDAQ: TRIP).

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Stock Rating Downgrade

During the last several trading days the Value Trend Rating for TripAdvisor Inc (NASDAQ: TRIP) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

TripAdvisor Inc (NASDAQ: TRIP) stock closed at $17.97 on 7/29/24 after a modest gain of 0.4%. However, below average trading volume at 71% of normal accompanied the advance. The stock has risen 1.7% during the last week but has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

TRIP’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

TripAdvisor has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. TripAdvisor has a slightly negative Appreciation Score of 34 and a neutral Power Rating of 51, leading to the Negative Value Trend Rating.

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