Trip.com Group Ltd ADR (NASDAQ: TCOM) Is Expected To Soar To Higher Prices In The Months To Come.

In the latest trading session, 3.21 million Trip.com Group Ltd ADR (NASDAQ:TCOM) shares changed hands as the company’s beta touched 0.39. With the company’s most recent per share price at $64.26 changing hands around $1.75 or 2.80% at last look, the market valuation stands at $41.39B. TCOM’s last price was a premium, traded about 0.61% off its 52-week high of $63.87. The share price had its 52-week low at $31.55, which suggests the last value was 50.9% up since then. When we look at Trip.com Group Ltd ADR’s average trading volume, we note the 10-day average is 9.79 million shares, with the 3-month average coming to 4.41 million.

Analysts gave the Trip.com Group Ltd ADR (TCOM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.23. If we narrow down to specifics, the data shows that 0 out of 23 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended TCOM as a Hold, 20 felt it is a Buy and 0 rated the stock as Underweight. Trip.com Group Ltd ADR’s EPS for the current quarter is expected to be 0.98.

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

Instantly TCOM is in green as seen in intraday trades today. With action 25.80%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 78.45%, with the 5-day performance at 25.80% in the green. However, in the 30-day time frame, Trip.com Group Ltd ADR (NASDAQ:TCOM) is 35.77% up. Looking at the short shares, we see there were 10.74 million shares sold at short interest cover period of 2.99 days.

The consensus price target for the stock as assigned by Wall Street analysts is 47, meaning bulls need a downside of -36.72% from its recent market value. According to analyst projections, TCOM’s forecast low is 30 with 76 as the target high. To hit the forecast high, the stock’s price needs a -18.27% plunge from its current level, while the stock would need to tank 53.31% for it to hit the projected low.

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

Data shows that the Trip.com Group Ltd ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 30.13% over the past 6 months, a 22.63% in annual growth rate that is considerably higher than the industry average of 6.90%. Year-over-year growth is forecast to reach 21.10% up from the last financial year.

Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 2.23B. 10 analysts are of the opinion that Trip.com Group Ltd ADR’s revenue for the current quarter will be 1.71B. The company’s revenue for the corresponding quarters a year ago was 1.93B and 1.43B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 15.60%. The estimates for the next quarter sales put growth at 19.70%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -3.22%. The 2024 estimates are for Trip.com Group Ltd ADR earnings to increase by 23.38%, but the outlook for the next 5-year period is at 13.47% per year.

TCOM Dividends

Trip.com Group Ltd ADR is expected to release its next quarterly earnings report on 2024-Nov-18.

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

MORGAN STANLEY holds the second largest percentage of outstanding shares, with 3.6509% or 23.78 million shares worth $1.12 billion as of 2024-06-30.