As of Thursday close, Trip.com Group Limited’s (NASDAQ:TCOM) stock was down -$0.47, moving down -1.18 percent to $39.31. The average number of shares traded per day over the past five days has been 3,018,180 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.29 fall in that time frame. In the last twenty days, the average volume was 3,834,150, while in the previous 50 days, it was 3,539,546.
Since last month, TCOM stock rose 2.58%. Shares of the company fell to $36.82 on 08/18/23, the lowest level in the past month. A 52-week high of $43.59 was reached on 08/10/23 after having rallying from a 52-week low of $19.25. Since the beginning of this year, TCOM’s stock price has risen by 14.27% or $4.91, and marked a new high 10 times. However, the stock has declined by -9.82% since its 52-week high.
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Valuation Metrics
Right now, Trip.com Group Limited (TCOM) has a P/E ratio of about 33.54. The stock’s beta is 0.61. Besides these, the trailing price-to-sales (P/S) ratio of 8.06, the price-to-book (PB) ratio of 1.61.
Financial Health
In the three months ended March 30, Trip.com Group Limited’s quick ratio stood at 1.00, while its current ratio was 1.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.12, and the total debt-to-equity ratio was 0.45. On the profitability front, the trailing twelve-month gross margin is 79.80% percent. In the year ended March 30, EBITDA margin amounted to 6.88%, whereas operating margins totaled 10.70%. Based on annual data, TCOM earned $2.25 billion in gross profit and brought in $2.91 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -1.00%. Return on equity (ROE) for the past 12 months was 5.10%.
In Trip.com Group Limited’s quarter-end financial report for March 30, it reported total debt of $1.91 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. TCOM’s revenue fell -8.08% during the quarter, while net income inched up to $2.91 billion. While analysts expected Trip.com Group Limited to report $0.25 quarterly earnings, the actual figure was $0.43 per share, beating the consensus estimate by 72.00%. During the quarter, the company generated $326.0 million in EBITDA. The liabilities of Trip.com Group Limited were 13.43 billion at the end of its most recent quarter ended March 30, and its total debt was $53.18 billion.
Technical Picture
This quick technical analysis looks at Trip.com Group Limited’s (TCOM) price momentum. With a historical volatility rate of 20.33%, the RSI 9-day stood at 50.71% on 31 August.
With respect to its five-day moving average, the current Trip.com Group Limited price is down by -0.73% percent or -$0.29. At present, TCOM shares trade -1.08% below its 20-day simple moving average and +3.99% percent above its 100-day simple moving average. However, the stock is currently trading approximately +11.64% above its SMA50 and +36.30% above its SMA200.
Stochastic coefficient K was 60.53% and Stochastic coefficient D was 51.44%, while ATR was 1.14. Given the Stochastic reading of 61.63% for the 14-day period, the RSI (14) reading has been calculated as 52.44%. As of today, the MACD Oscillator reading stands at 0.53, while the 14-day reading stands at 0.58.
Analyst Ratings
JP Morgan upgraded its rating on Trip.com Group Limited (NASDAQ: TCOM) to an Overweight in a note to investors on July 31, 2023. The analysts firm previously had a Neutral rating on the stock.Trip.com Group Limited (TCOM) has been rated Buy by analysts. According to 0 brokerage firms, TCOM is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 7 analysts rate Trip.com Group Limited stock as buy, with 32 recommending it as overweight.
With a median target price of $348.51, the current consensus forecast for the stock is $288.78 – $425.53. Based on these forecasts, analysts predict Trip.com Group Limited (TCOM) will achieve an average price target of $349.45.
