Alert: Positive Investment/Fundamental Signals (11/10/23)-TripAdvisor Inc (NASDAQ: TRIP)

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Significant positive changes in TripAdvisor Inc (NASDAQ: TRIP) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

TripAdvisor Inc (NASDAQ: TRIP). Important positive changes in investment behavior have recently occurred: its shorter term price trend turned up.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.

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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 F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. TripAdvisor has a slightly negative Power Rating of 34 and a poor Appreciation Score of 17, and the Lowest Value Trend Rating results.

Recent Price Action

TripAdvisor Inc (NASDAQ: TRIP) stock enjoyed a large increase of 2.2% on 11/10/23. The stock closed at $17.37. The stock has been weak relative to the market over the last nine months but has risen 18.5% during the last week.

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