In the last trading session, 9.47 million shares of the Trip.com Group Ltd ADR (NASDAQ:TCOM) were traded, and its beta was 0.38. Most recently the company’s share price was $61.48, and it changed around -$6.87 or -10.05% from the last close, which brings the market valuation of the company to $39.60B. TCOM currently trades at a discount to its 52-week high of $69.67, offering almost -13.32% off that amount. The share price’s 52-week low was $31.55, which indicates that the current value has risen by an impressive 48.68% since then. We note from Trip.com Group Ltd ADR’s average daily trading volume that its 10-day average is 11.55 million shares, with the 3-month average coming to 4.68 million.

Trip.com Group Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.27. If we narrow it down even further, the data shows that 0 out of 29 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 1 recommended TCOM as a Hold, whereas 21 deemed it a Buy, and 0 rated it as Underweight. Trip.com Group Ltd ADR is expected to report earnings per share of 0.98 for the current quarter.

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

Instantly TCOM has showed a red trend with a performance of -10.05% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 69.67 on recent trading dayincreased the stock’s daily price by 11.76%. The company’s shares are currently up 70.73% year-to-date, but still down -1.65% over the last five days. On the other hand, Trip.com Group Ltd ADR (NASDAQ:TCOM) is 30.09% up in the 30-day period. We can see from the shorts that 10.74 million shares have been sold at a short interest cover period of 2.99 day(s).

The consensus price target as assigned by Wall Street analysts is $47.5, which translates to bulls needing to decrease their stock price by -29.43% from its current value. Analyst projections state that TCOM is forecast to be at a low of $30 and a high of $76.

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

Trip.com Group Ltd ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 25.47 percent over the past six months and at a 22.63% annual growth rate that is well above the industry average of 8.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -3.90% in revenue this quarter, and will report an increase of 60.50% in the next quarter. The year-over-year growth rate is expected to be 21.00%, up from the previous year.

Consensus estimates provided by 14 financial analysts predict the company will bring in an average of 2.23B in revenue for the current quarter. 10 analysts expect Trip.com Group Ltd ADR to make 1.71B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.93B and 1.43B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 15.60%. Forecasts for the next quarter put sales growth at 19.70%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -3.22%. Trip.com Group Ltd ADR earnings are expected to increase by 24.15% in 2024, but the outlook is positive 60.36% per year for the next five years.

TCOM Dividends

Trip.com Group Ltd ADR’s next quarterly earnings report is expected to be released in November.

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