Weak Fundamental Momentum Sinks Trip.com Group Ltd ADR

Trip.com Group Ltd ADR (NASDAQ:TCOM) has a beta value of 0.39 and has seen 5.47 million shares traded in the recent trading session. The company, currently valued at $32.80B, closed the recent trade at $50.92 per share which meant it lost -$2.14 on the day or -4.03% during that session. The TCOM stock price is -13.9% off its 52-week high price of $58.00 and 38.04% above the 52-week low of $31.55. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.36 million shares traded. The 3-month trading volume is 3.44 million shares.

The consensus among analysts is that Trip.com Group Ltd ADR (TCOM) is Buy stock at the moment, with a recommendation rating of 1.23. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 23 have rated it as a Hold, with 20 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.98.

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

Sporting -4.03% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the TCOM stock price touched $50.92 or saw a rise of 4.09%. Year-to-date, Trip.com Group Ltd ADR shares have moved 41.41%, while the 5-day performance has seen it change 9.04%. Over the past 30 days, the shares of Trip.com Group Ltd ADR (NASDAQ:TCOM) have changed 20.27%. Short interest in the company has seen 10.86 million shares shorted with days to cover at 2.8.

Wall Street analysts have a consensus price target for the stock at $47, which means that the shares’ value could drop -8.34% from the levels at last check today. The projected low price target is $30.0 while the price target rests at a high of $76.0. In that case, then, we find that the latest price level in today’s session is -49.25% off the targeted high while a plunge would see the stock lose 41.08% from the levels at last check today.

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

Figures show that Trip.com Group Ltd ADR shares have outperformed across the wider relevant industry. The company’s shares have gained 14.05% over the past 6 months, with this year growth rate of 20.44%, compared to 5.50% for the industry. Revenue growth from the last financial year stood is estimated to be 20.50%.

14 analysts offering their estimates for the company have set an average revenue estimate of 2.22B for the current quarter. 10 have an estimated revenue figure of 1.7B for the next ending quarter. Year-ago sales stood 1.93B and 1.43B respectively for this quarter and the next, and analysts expect sales will grow by 15.00% for the current quarter and 20.50% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -3.22% over the past 5 years. Earnings growth for 2024 is a modest 22.30% while over the next 5 years, the company’s earnings are expected to increase by 13.47%.

TCOM Dividends

Trip.com Group Ltd ADR is expected to release its next earnings report on 2024-Nov-18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Trip.com Group Ltd ADR (NASDAQ:TCOM)’s Major holders

The top two institutional holders are CAPITAL WORLD INVESTORS with over 49.9 million shares worth more than $2.35 billion. As of 2024-06-30, CAPITAL WORLD INVESTORS held 7.6608% of shares outstanding.

The other major institutional holder is MORGAN STANLEY, with the holding of over 23.78 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.12 billion and represent 3.6509% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are New Perspective Fund Inc and Capital World Growth and Income Fund. As of Jun 30, 2024, the former fund manager holds about 2.67% shares in the company for having 17.23 shares of worth $882.02 million while later fund manager owns 13.32 shares of worth $681.82 million as of Jun 30, 2024, which makes it owner of about 2.06% of company’s outstanding stock.