The price of Trip.com Group Limited (NASDAQ:TCOM) shares last traded on Wall Street fell -0.95% to $33.25.
Based on available information, 38 analysts follow Trip.com Group Limited (NASDAQ:TCOM). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $399.81 and a low of $233.64, we find $325.61. Given the previous closing price of $33.57, this indicates a potential upside of 869.94 percent. TCOM stock price is now -6.88% away from the 50-day moving average and 4.24% away from the 200-day moving average. The market capitalization of the company currently stands at $23.53B.
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Among analysts, 4 rate the stock a hold while 26 rate it a buy. Brokers who have rated the stock have averaged $321.72 as their price target over the next twelve months.
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A total of 4.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in TCOM stock. A new stake in Trip.com Group Limited shares was purchased by SELECT EQUITY GROUP, L.P. during the first quarter worth $148,544,000. TRIVEST ADVISORS LTD invested $136,281,000 in shares of TCOM during the first quarter. In the first quarter, ACADIAN ASSET MANAGEMENT LLC acquired a new stake in Trip.com Group Limited valued at approximately $42,634,000. BAIN CAPITAL PUBLIC EQUITY MANAGEMENT II, LLC acquired a new stake in TCOM for approximately $41,568,000. BARINGS LLC purchased a new stake in TCOM valued at around $26,338,000 in the second quarter. In total, there are 568 active investors with 53.00% ownership of the company’s stock.
A candlestick chart of Trip.com Group Limited (NASDAQ: TCOM) showed a price of $33.25 on Friday morning. During the past 12 months, Trip.com Group Limited has had a low of $18.66 and a high of $40.17. As of last week, the company has a debt-to-equity ratio of 0.41, a current ratio of 1.00, and a quick ratio of 1.00. The fifty day moving average price for TCOM is $35.67 and a two-hundred day moving average price translates $31.93 for the stock.
The latest earnings results from Trip.com Group Limited (NASDAQ: TCOM) was released for Dec, 2022. According to the Travel Services Company, earnings per share came in at $0.11, beating analysts’ expectations of -$0.03 by 0.14. This compares to -$0.22 EPS in the same period last year. The net profit margin was 7.00% and return on equity was 1.30% for TCOM. The company reported revenue of $692.0 million for the quarter, compared to $771.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.25 percent. For the current quarter, analysts expect TCOM to generate $1.14B in revenue.
Trip.com Group Limited(TCOM) Company Profile
Trip.com Group Limited operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. The company acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services. It also provides independent leisure travelers bundled packaged-tour products comprising group, semi-group, and customized and packaged tours with various transportation arrangements, including air, cruise, bus, and car rental services. In addition, the company offers integrated transportation and accommodation services; destination transportation and ticket, activity, insurance, visa, and tour guide services; user support, supplier management, and customer relationship management services; and in-destination products and services. Further, it provides its corporate clients with business visit, incentive trip, meeting and conference, travel data collection and analysis, industry benchmark, cost saving analysis, and travel management solutions; and Corporate Travel Management System, an online platform that integrates information management, online booking and authorization, online inquiry, and travel reporting systems. Additionally, the company offers online advertising and financial services. It operates under the Ctrip, Qunar, Trip.com, and Skyscanner brands. The company was formerly known as Ctrip.com International, Ltd. and changed its name to Trip.com Group Limited in October 2019. Trip.com Group Limited was founded in 1999 and is headquartered in Shanghai, the People’s Republic of China.
