Tripadvisor Stock Fair Value – TRIPADVISOR Announces Q3 FY2023 Earnings Results for Period Ending September 30 2023

🌥️Earnings Overview

On November 6, 2023, TRIPADVISOR ($NASDAQ:TRIP) announced its earnings results for the third quarter of the fiscal year ending September 30, 2023. The company achieved total revenue of $533.0 million, a 16.1% increase from the same period in the previous year, and net income of $27.0 million, an 8.0% growth year over year.

Stock Price

TRIPADVISOR is pleased to announce the release of its earnings results for the quarter ending September 30, 2023. On Monday, the company’s stock opened at $16.0 and closed at $16.1, representing a 2.3% increase from its prior closing price of $15.8. The results show a positive trend for TRIPADVISOR as its gross bookings and revenue have both increased significantly over the past three months. The company has also seen a steady growth in its customer base, indicating strong consumer engagement with its travel-related services and products.

Looking ahead, the company plans to continue building on its existing success and focus on developing innovative products and services to better meet the needs of its customers. With a strong foothold in the travel industry, TRIPADVISOR is well-positioned to capitalize on future growth opportunities. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Tripadvisor. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Tripadvisor. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Tripadvisor. More…

Key Ratios Snapshot

Some of the financial key ratios for Tripadvisor are shown below. More…

Analysis – Tripadvisor Stock Fair Value

At GoodWhale, we closely analyze the fundamentals of TRIPADVISOR. Our comprehensive analysis reveals that the intrinsic value of TRIPADVISOR share is around $49.6, calculated by our proprietary Valuation Line. This means that the current price of $16.1 significantly undervalues TRIPADVISOR by 67.5%. At GoodWhale, we believe it is a great opportunity to invest in TRIPADVISOR and are confident that the share price will eventually reach its intrinsic value. More…

Peers

TripAdvisor, Inc. is an online travel research company that operates a global platform with user-generated reviews and other content, and a comparison shopping website. The company operates in 45 countries and is headquartered in Needham, Massachusetts. TripAdvisor was founded in 2000 by Stephen Kaufer, Langley Steinert, and Jason Freedman, and was acquired by IAC/InterActiveCorp in 2004. Expedia Group is an American online travel shopping company for consumer and business travel. Its websites, which are primarily travel fare aggregators and travel metasearch engines, include Expedia.com, Hotels.com, trivago, Travelocity, Orbitz, and HomeAway. Expedia Group is headquartered in Bellevue, Washington, and employs over 24,000 people globally. Sabre Corporation is a travel technology company based in Southlake, Texas. The company provides software and distribution solutions that enable airlines and other travel providers to manage operations, market, and sell products and services. Sabre also offers a suite of software solutions for travel agencies, corporations, and travelers. Booking Holdings Inc. is an online travel company that owns and operates a portfolio of travel brands, including Booking.com, KAYAK, agoda, Cheapflights, and Rentalcars.com. The company offers a variety of travel services, including hotel reservations, car rentals, and flights. Booking Holdings is headquartered in Norwalk, Connecticut, and employs over 17,000 people globally.

– Expedia Group Inc ($NASDAQ:EXPE)

Expedia Group Inc is a publicly traded company with a market capitalization of $16.04 billion as of 2022. The company’s return on equity is 33.72%. Expedia Group is a global online travel company that operates a number of travel-related brands, including Expedia, Hotels.com, trivago, and HomeAway. The company offers a wide variety of travel products and services, including flights, hotels, car rentals, cruises, and vacation packages. Expedia Group is headquartered in Bellevue, Washington.

– Sabre Corp ($NASDAQ:SABR)

Sabre Corporation is a travel technology company based in Southlake, Texas. The company provides software and services to airlines and travel agencies, including reservation, distribution, and e-commerce systems. Sabre also operates a global travel marketplace, which offers a range of travel products and services.

Sabre’s market cap is $1.8 billion as of 2022. The company has a return on equity of 18.38%. Sabre provides software and services to airlines and travel agencies, including reservation, distribution, and e-commerce systems. The company also operates a global travel marketplace, which offers a range of travel products and services.

– Booking Holdings Inc ($NASDAQ:BKNG)

Booking Holdings is a global leader in online travel and related services, with a mission to make it easy for everyone to experience the world. The company operates a portfolio of leading online travel brands, including Booking.com, KAYAK, Priceline, agoda, Rentalcars.com, and OpenTable. Booking Holdings offers a wide variety of travel services, including airline tickets, hotel rooms, rental cars, cruises, and vacation packages. The company serves consumers in more than 220 countries and territories. Booking Holdings is committed to providing a great customer experience and strives to make the booking process as simple and easy as possible.

Summary

Investors in TripAdvisor have been rewarded for their patience, as the company reported a strong Q3 FY2023 with a 16.1% rise in total revenue to USD 533.0 million and a 8.0% increase in net income to USD 27.0 million. The stock market also reacted favorably to the news, with the TripAdvisor share price climbing over 3% on November 6 2023. Given the strong quarterly results, investors should continue to pay close attention to TripAdvisor as a potential investment opportunity.