TripAdvisor Inc (NASDAQ: TRIP) stock closed at $18.16 on 5/8/24 after a major decline of -28.7%. Moreover, exceptionally high trading volume at 1093% of normal accompanied the decline. The stock has declined -31.0% during the last week but has been exceptionally strong 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 B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. TripAdvisor has a poor Appreciation Score of 29 but a very high Power Rating of 95, with the Positive Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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