Trip.com Group (TCOM) to Release Earnings on Monday

Trip.com Group (NASDAQ:TCOM) is scheduled to release its earnings data after the market closes on Monday, August 26th. Analysts expect Trip.com Group to post earnings of $0.65 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Trip.com Group (NASDAQ:TCOM) last announced its earnings results on Monday, May 20th. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.61 billion. On average, analysts expect Trip.com Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Trip.com Group Stock Performance

Shares of NASDAQ:TCOM opened at $42.75 on Monday. The business has a fifty day moving average of $46.42 and a 200-day moving average of $47.03. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.15 and a current ratio of 1.15. The firm has a market cap of $27.53 billion, a PE ratio of 19.26 and a beta of 0.42. Trip.com Group has a twelve month low of $31.55 and a twelve month high of $58.00.

Analyst Ratings Changes

A number of analysts recently commented on TCOM shares. CLSA lifted their price objective on Trip.com Group from $55.00 to $64.00 and gave the stock a “buy” rating in a research report on Monday, May 13th. StockNews.com lowered Trip.com Group from a “buy” rating to a “hold” rating in a research report on Tuesday, August 13th. Benchmark reiterated a “buy” rating and issued a $72.00 price objective on shares of Trip.com Group in a research report on Wednesday, June 12th. Mizuho lifted their price objective on Trip.com Group from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Finally, Barclays lifted their price objective on Trip.com Group from $60.00 to $76.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 22nd. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $63.38.

About Trip.com Group

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.