Trip.com Group Ltd ADR (NASDAQ:TCOM) Shares Jumped 0.83% In A Week. Can It Continue Rising?

In recent trading session, Trip.com Group Ltd ADR (NASDAQ:TCOM) saw 1.94 million shares changing hands at last check today with its beta currently measuring 0.43. Company’s recent per share price level of $50.84 trading at $2.1 or 4.31% at last check today assigns it a market valuation of $33.22B. That closing price of TCOM’s stock is at a discount of -2.07% from its 52-week high price of $51.89 and is indicating a premium of 39.61% from its 52-week low price of $30.70. Taking a look at company’s average trading volume volume of 3.90 million if we extend that period to 3-months.

Trip.com Group Ltd ADR (NASDAQ:TCOM) trade information

Upright in the green today for gaining 4.31%, in the last five days TCOM remained trading in the green while hitting it’s week-highest on Friday, 04/26/24 when the stock touched $50.84 price level, adding 2.02% to its value on the day. Trip.com Group Ltd ADR’s shares saw a change of 41.18% in year-to-date performance and have moved 0.83% in past 5-day. Trip.com Group Ltd ADR (NASDAQ:TCOM) showed a performance of 2.96% in past 30-days.

Trip.com Group Ltd ADR (TCOM) estimates and forecasts

Statistics highlight that Trip.com Group Ltd ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 49.53% of value to its shares in past 6 months, showing an annual growth rate of 8.03% while that of industry is 8.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 18.40% from the last financial year’s standing.

12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.61B for the same. And 10 analysts are in estimates of company making revenue of 1.81B in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -3.22% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -2.94% while estimates for its earnings growth in next 5 years are of 66.78%.

TCOM Dividends

Trip.com Group Ltd ADR is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.