LTRPA - Liberty TripAdvisor: Little Chance Of Further Recovery With Headwinds Ahead
2024-03-18 14:16:30 ET
Summary
- Liberty TripAdvisor Holdings is rated a Sell due to its stock price rise of late not being driven by fundamentals, therefore creating an opportunity to make profits.
- Liberty TripAdvisor Holdings shares moved to the over-the-counter markets after October 30, 2023, when it was suspended by Nasdaq.
- Sales growth is slowing, the same profit growth as the year 2023 is not sustainable in the long term and weak prospects contribute to the recommendation to sell shares.
A “Sell” Rating for Liberty TripAdvisor Holdings
This analysis follows the “Sell” rating previously assigned to Liberty TripAdvisor Holdings, Inc. ( LTRPA ) ( LTRPB ) - an Englewood, Colorado-based operator of a travel advisory platform serving demand and tourism providers in the US, UK, and internationally - and now assigns a second "Sell" rating.
Liberty TripAdvisor is the owner of the 21% stake in Tripadvisor, Inc. (TRIP)'s equity. TRIP is a Needham, Massachusetts-based online travel provider of travel guidance products and services worldwide through three main segments: Brand Tripadvisor, Viator, and TheFork....
Liberty TripAdvisor: Little Chance Of Further Recovery With Headwinds Ahead