Trip.com Group Limited (NASDAQ:TCOM) saw an upside of 1.58% to close Tuesday at $38.63 after adding $0.6 on the day. The 5-day average trading volume is 3,998,440 shares of the company’s common stock. It has gained $39.09 in the past week and touched a new high 3 times within the past 5 days. An average of 5,077,770 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,458,282.
TCOM’s 1-month performance is 10.50% or $4.64 on its low of $33.80 reached on 12/30/22. The company’s shares have touched a 52-week low of $14.29 and high of $39.09, with the stock’s rally to the 52-week high happening on 01/20/23. YTD, TCOM has achieved 12.30% or $4.23 and has reached a new high 5 times. However, the current price is down -1.18% from the 52-week high price.
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TCOM stock has a beta of 0.52. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 8.79 while the price-to-book (PB) in the most recent quarter is 1.54.
Trip.com Group Limited’s quick ratio for the period ended September 29 was 1.10, with the current ratio over the same period at 1.10. As well, the company’s long term debt to equity for the quarter ending September 29 was 0.16, while the total debt to equity was 0.47.. In terms of profitability, the gross margin trailing 12 months is 77.50%. The trailing 12-month EBITDA margin is 0.01% while for the period ending September 29, Trip.com Group Limited’s operating margin was -1.90%. The firm’s gross profit as reported stood at $2.42 billion against revenue of $3.14 billion.
For the quarterly period ending September 29 this year, Trip.com Group Limited’s cash and short-term investments amounted to $4.64 billion against total debt of $51.86 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -477.91% to -$86.0 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected TCOM to announce $0.18 per share in earnings in its latest quarter, but it posted $0.23, representing a 27.80% surprise. EBITDA for the quarter stood at more than $119.0 million. TCOM stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 11.72 billion, with total debt at $51.86 billion.
Let’s look briefly at Trip.com Group Limited (TCOM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 66.33% to suggest the stock is trending Neutral, with historical volatility in this time period at 33.41%.
The stock’s 5-day moving average is $37.78, reflecting a +6.36% or $2.31 change from its current price. TCOM is currently trading +10.94% above its 20-day SMA, +51.37% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +54.52% and SMA200 by+65.01%.
Stochastic %K and %D was 81.89% and 75.97% and the average true range (ATR) pointed at 1.38. The RSI (14) points at 65.11%, while the 14-day stochastic is at 86.67% with the period’s ATR at 1.42. The stock’s 9-day MACD Oscillator is pointing at 0.95 and 0.72 on the 14-day charts.
In the most recent analyst report for Trip.com Group Limited (NASDAQ: TCOM), UBS upgraded it to a Buy rating. They previously had a Neutral rating on the stock. Analysts offering their rating for TCOM stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate TCOM as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 6 rates the stock as overweight while 25 have offered a “buy” rating.
What is TCOM’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $223.00 and a high of $351.89, with their median price target at $284.61. Looking at these predictions, the average price target given by analysts is for Trip.com Group Limited (TCOM) stock is $286.20.