Liberty TripAdvisor Holdings Inc. (NASDAQ: LTRPA) stock jumped 1.13% on Friday to $0.70 against a previous-day closing price of $0.69. With 3.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.15 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $0.7560 whereas the lowest price it dropped to was $0.6964. The 52-week range on LTRPA shows that it touched its highest point at $4.34 and its lowest point at $0.62 during that stretch. Beta for the stock currently stands at 2.43.
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 LTRPA was down-trending over the past week, with a drop of -0.17%, but this was down by -9.13% over a month. Three-month performance dropped to -52.72% while six-month performance fell -68.90%. The stock lost -83.50% in the past year, while it has lost -67.75% so far this year.
Float and Shares Shorts:
At present, 76.00 million LTRPA shares are outstanding with a float of 72.35 million shares on hand for trading. On Jul 14, 2022, short shares totaled 1.22 million, which was 1.61% higher than short shares on Jun 14, 2022. In addition to Mr. Gregory B. Maffei as the firm’s Chairman, Pres & CEO, Mr. Brian J. Wendling serves as its Sr. VP & CFO.
Through their ownership of 67.86% of LTRPA’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 6.10% of LTRPA, in contrast to 46.15% held by mutual funds. Shares owned by individuals account for 21.26%. As the largest shareholder in LTRPA with 8.57% of the stake, JPMorgan Investment Management, I holds 6,209,412 shares worth 6,209,412. A second-largest stockholder of LTRPA, BlackRock Fund Advisors, holds 4,463,853 shares, controlling over 6.16% of the firm’s shares. Millennium Management LLC is the third largest shareholder in LTRPA, holding 3,829,567 shares or 5.28% stake. With a 3.07% stake in LTRPA, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 2,227,933 shares are owned by the mutual fund manager. The JPMorgan US Small Companies Fund, which owns about 2.28% of LTRPA stock, is the second-largest Mutual Fund holder. It holds 1,651,600 shares valued at 1.25 million. US Equity Small Cap Pool holds 2.05% of the stake in LTRPA, owning 1,487,201 shares worth 1.13 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LTRPA since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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. With LTRPA analysts setting a high price target of $5.00 and a low target of $5.00, the average target price over the next 12 months is $5.00. Based on these targets, LTRPA could surge 614.29% to reach the target high and rise by 614.29% to reach the target low. Reaching the average price target will result in a growth of 614.29% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. LTRPA will report FY 2021 earnings on 03/02/2023. Analysts have provided yearly estimates in a range of -$1.35 being high and -$1.35 being low. For LTRPA, this leads to a yearly average estimate of -$1.35. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Liberty TripAdvisor Holdings Inc. reported -$0.36 EPS. Based on analyst estimates, the high estimate for the next quarter is -$0.37 and the low estimate is -$0.37. The average estimate for the next quarter is thus -$0.37.
Summary of Insider Activity:
Insiders traded LTRPA 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 increased to 6 while that of sell transactions has risen to 3 over the past year. The total number of shares bought during that period was 184,069 while 13,031 shares were sold.