Trip.com Group Limited (NASDAQ:TCOM – Get Free Report) has been given an average recommendation of “Moderate Buy” by the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $61.89.
TCOM has been the topic of several recent research reports. TD Cowen boosted their price target on shares of Trip.com Group from $53.00 to $63.00 and gave the company a “buy” rating in a research report on Tuesday, May 21st. CLSA raised their price target on shares of Trip.com Group from $55.00 to $64.00 and gave the stock a “buy” rating in a report on Monday, May 13th. Citigroup upped their price objective on Trip.com Group from $53.00 to $55.00 and gave the company a “buy” rating in a report on Monday, April 1st. StockNews.com raised Trip.com Group from a “hold” rating to a “buy” rating in a research note on Wednesday, May 22nd. Finally, Barclays upped their price target on Trip.com Group from $60.00 to $76.00 and gave the company an “overweight” rating in a research note on Wednesday, May 22nd.
View Our Latest Stock Analysis on Trip.com Group
Hedge Funds Weigh In On Trip.com Group
Trip.com Group Stock Performance
NASDAQ:TCOM opened at $48.87 on Monday. The company has a market cap of $31.48 billion, a P/E ratio of 21.96 and a beta of 0.44. Trip.com Group has a twelve month low of $31.55 and a twelve month high of $58.00. The company’s 50-day moving average price is $51.64 and its 200-day moving average price is $44.48. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.07.
Trip.com Group (NASDAQ:TCOM – Get Free Report) last issued its earnings results on Monday, May 20th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.21. Trip.com Group had a return on equity of 10.73% and a net margin of 22.99%. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.61 billion. On average, sell-side analysts forecast that Trip.com Group will post 2.66 earnings per share for the current fiscal year.
Trip.com Group Company Profile
Trip.com Group Limited, through its subsidiaries, 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.
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