With 3.06 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.7 million shares. The 52-week range on TRIP shows that it touched its highest point at $28.76 and its lowest point at $12.93 during that stretch. It currently has a 1-year price target of $18.25. Beta for the stock currently stands at 1.29.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TRIP was down-trending over the past week, with a drop of -8.18%, but this was down by -20.73% over a month. Three-month performance dropped to -4.47% while six-month performance fell -5.65%. The stock lost -49.59% in the past year, while it has lost -7.31% so far this year. A look at the trailing 12-month EPS for TRIP yields 0.02 with Next year EPS estimates of 1.61. For the next quarter, that number is 0.05. This implies an EPS growth rate of 3.80% for this year and 18.96% for next year. EPS is expected to grow by 14.35% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -47.87%.
Float and Shares Shorts:
At present, 127.39 million TRIP shares are outstanding with a float of 107.87 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TRIP since 10 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.25892 being high and $1.1704 being low. For TRIP, this leads to a yearly average estimate of $1.20974. Based on analyst estimates, the high estimate for the next quarter is $0.5 and the low estimate is $0.33. The average estimate for the next quarter is thus $0.43.
Summary of Insider Activity:
Insiders traded TRIP stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
