Trip.com Group Ltd ADR (NASDAQ:TCOM) finished Thursday with a subtraction of -$0.34 to close at $35.09, a downside of -0.96 percent. An average of 3,230,820 shares of common stock have been traded in the last five days. There was a fall of -$0.33 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 4,375,295 shares traded, while the 50-day average volume stands at 4,009,134.
TCOM stock has decreased by -12.23% in the last month. The company shares reached their 1-month lowest point of $34.69 on 09/28/23. With the stock rallying to its 52-week high on 08/10/23, shares of the company touched a low of $19.25 and a high of $43.59 in 52 weeks. It has reached a new high 10 times so far this year and achieved 2.01% or $0.69 in price. In spite of this, the price is down -19.50% from the 52-week high.
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Valuation Metrics
Trip.com Group Ltd ADR (TCOM) has a trailing price-to-earnings (P/E) ratio of 25.70. The stock’s beta is 0.63. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.87, the price-to-book (PB) ratio at 1.34.
Financial Health
The quick ratio of Trip.com Group Ltd ADR for the three months ended June 29 was 1.10, and the current ratio was 1.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.17 and a total debt to equity ratio of 0.45 for the quarter ending June 29. Trip.com Group Ltd ADR’s EBITDA margin for the year ending June 29 is 6.88%, while its operating margin for the same period stands at 18.09%. Its gross profit as reported stood at $2.25 billion compared to revenue of $2.91 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Trip.com Group Ltd ADR’s return on assets was 3.08%.
Earnings Surprise
For the three-month period that ended June 29, Trip.com Group Ltd ADR had $1.91 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $206.0 million in the quarter, while revenues were grew 141.75%. The analyst consensus anticipated Trip.com Group Ltd ADR’s latest quarter earnings to come in at $0.49 per share, but it turned out to be $0.7, a 42.90% surprise. For the quarter, EBITDA amounted to $411.0 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Trip.com Group Ltd ADR (TCOM) price momentum. RSI 9-day as of the close on 28 September was 31.99%, suggesting the stock is Neutral, with historical volatility in this time frame at 13.39%.
As of today, TCOM’s price is $35.49 -0.93% or -$0.33 from its 5-day moving average. TCOM is currently trading -11.79% lower than its 20-day SMA and +6.01% higher than its 100-day SMA. However, the stock’s current price level is -4.52% below the SMA50 and +8.27% above the SMA200.
The stochastic %K and %D were 19.64% and 19.60%, respectively, and the average true range (ATR) was 0.84. With the 14-day stochastic at 19.61% and the average true range at 0.94, the RSI (14) stands at 36.13%. The stock has reached -0.38 on the 9-day MACD Oscillator while the 14-day reading was at -0.48.
Analyst Ratings
JP Morgan upgraded Trip.com Group Ltd ADR (NASDAQ: TCOM) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Trip.com Group Ltd ADR (TCOM) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell TCOM, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 7 analysts, while 31 others rate it as a “buy”.
What is TCOM’s price target for the next 12 months?
Analysts predict a range of price targets between $309.09 and $466.49, with a median target of $358.04. Taking a look at these predictions, the average price target given by analysts for Trip.com Group Ltd ADR (TCOM) stock is $365.60.
