Wall Street analysts’ outlook for Liberty TripAdvisor Holdings Inc. (LTRPA)

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.

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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.

Institutional Ownership:

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.

Analysts Ratings:

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.

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