Taking into account all relevant factors, Trip.com Group Limited (NASDAQ:TCOM) scores 56.% Buy on the technical side. The share price is also flashing a Buy from the Barchart TrendSpotter trading system. Investors starting out on a short-term path of investing should know that short terms indicators for TCOM averaged 100% Buy with an average daily trading volume over the past 20 days at 3415587 shares. Those using medium-term investment strategies, the 50-day average daily volume remained almost 3205627 shares. It’s also important to note that the stock, whose average daily volume over the 100 days as of this piece was 4369550 shares, is signaling50% Buy for long term investors.
The stock is lingering around the initial support level of $37.15. After this, the following support is at the zone of $36.75. Up until the time the TCOM stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 64.93 on the daily chart, and this may be a cause for concern. In case the price goes below $36.75 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $38.24 level may cause a pull-back move approaching $38.92 mark.
In the recent trading session, Trip.com Group Limited (NASDAQ:TCOM) shares gained 1.12% or 0.42 points to reach at $37.98 with a thin trading volume of 607.708 thousand shares. It opened the trading session at $38.39, the shares rose to $38.51 and dropped to $37.425, the range by which the price of stock traded the whole session. The company now has a market cap of $21.1 billion and currently has 561.86 million outstanding shares. Trip.com Group Limited (TCOM) stock has accumulated 11.19 percent of market value in 21 trading days.
TCOM stock’s trailing 3-year beta is 1.65, meaning there will be a greater rate of return, although posing a higher risk. The part of a firm’s profit given to each outstanding share of regular stock was $0.83 share in the trailing 52 weeks. The stock’s value surged 11.99 percent year to date (YTD) compared to a rise of 23.03 percent in 52 week’s period. The firm’s shares are still trading -18.32 percent below its 1-year high of $46.50 and 33.03 percent up from 52-week low of $28.55. The average consensus ranking on the company is 0, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a buy.
Trip.com Group Limited (TCOM) shares are trading at a P/E ratio of 38.29 times earnings posted in the trailing 12 months. The industry TCOM deals with has an average P/E of 21.64. Its P/B ratio is standing at 1.57X compared to the 4.31 industry average. It is additionally sporting a 3.21 on the Price-to-Sales ratio, compared to the industry’s P/S average of 0.7. Trip.com Group Limited has a 79.2% gross profit margin, with its operating margin around 12.2%. Alongside this, the company’s net profit margin currently stands at 10.9%.
Past records have indicated that shares in Trip.com Group Limited declined on 3 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings. Investors will get the next hint of TCOM’s Q4 earnings on March 11. Analysts are predicting revenue to climb 4.5 percent to $1.17B in the financial fourth quarter, while EPS will soar by about -7.69 percent to $0.12 per share. In the last quarter, it’s earnings of $1.07876 per share came better than the $0.152, adjusted, expected by Thomson Reuters consensus estimate. Revenue for the quarter was $1.13B, topping the $1.05B analysts had expected. Earnings are seen to rise by -41.8 percent this year, 19.42 percent in the coming year and the trend continues by 13.68 percent every year in the next 5 years.