Alert: New Earnings Report (8/6/24)-TripAdvisor Inc (NASDAQ: TRIP).

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For its second fiscal quarter (ending June 30), TripAdvisor Inc (NASDAQ: TRIP) has reported a 0% change in E.P.S. from $0.17 a year ago to $0.17 in the current quarter. This performance was $-0.20 short of the consensus estimate of $0.37. E.P.S. were $0.18 for the latest four quarters through June 30 versus $-0.19 for the same period a year ago.

Recent Price Action

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On 8/6/24, TripAdvisor Inc (NASDAQ: TRIP) stock enjoyed a large increase of 3.4%, closing at $16.32. Moreover, above average trading volume at 144% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -9.2% during the last week.

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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. TripAdvisor has a slightly negative Appreciation Score of 36 and a poor Power Rating of 19, triggering the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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