Boom Or Bust: What Does The Future Hold For Trip.com Group Ltd ADR (NASDAQ: TCOM) Stock?

Trip.com Group Ltd ADR (NASDAQ:TCOM)’s traded shares stood at 3.45 million during the latest session, with the company’s beta value hitting 0.39. At the last check today, the stock’s price was $68.43, to imply an increase of 5.89% or $3.8 in intraday trading. The TCOM share’s 52-week high remains $67.02, putting it 2.06% up since that peak but still an impressive 53.89% since price per share fell to its 52-week low of $31.55. The company has a valuation of $44.08B, with an average of 10.74 million shares in intraday trading volume over the past 10 days and average of 4.57 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Trip.com Group Ltd ADR (TCOM), translating to a mean rating of 1.23. Of 23 analyst(s) looking at the stock, 0 analyst(s) give TCOM a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 20 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.98.

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

After registering a 5.89% upside in the latest session, Trip.com Group Ltd ADR (TCOM) has traded red over the past five days. The 5-day price performance for the stock is 11.60%, and 43.41% over 30 days. With these gigs, the year-to-date price performance is 90.04%. Short interest in Trip.com Group Ltd ADR (NASDAQ:TCOM) saw shorts transact 10.74 million shares and set a 2.99 days time to cover.

The extremes give us $30 and $76 for target low and target high price respectively. As such, TCOM has been trading -11.06% off suggested target high and 56.16% from its likely low.

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

Looking at statistics comparing Trip.com Group Ltd ADR share performance against respective industry, we note that the company has outperformed competitors. Trip.com Group Ltd ADR (TCOM) shares are 42.16% up over the last 6 months, with its year-to-date growth rate higher than industry average at 22.63% against 8.50%. Revenue is forecast to shrink -3.90% this quarter before jumping 60.50% for the next one. The rating firms project that company’s revenue will grow 20.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 14 analysts is 2.22B. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 1.71B.Earnings reports from the last fiscal year show that sales brought in 1.93B and 1.43B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 15.30% before jumping 19.40% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -3.22% for the past 5-year period. While 2024 is set for a 23.93% return in earnings, projections for the next 5 years are at 13.47% annually.

TCOM Dividends

Trip.com Group Ltd ADR has its next earnings report out on 2024-Nov-18. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

The next major institution holding the largest number of shares is MORGAN STANLEY with 23.78 million shares, or about 3.6509% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.12 billion.