We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Trip.com (TCOM) Stock Drops Despite Market Gains: Important Facts to Note
Read MoreHide Full Article
Trip.com (TCOM - Free Report) closed at $59.03 in the latest trading session, marking a -0.51% move from the prior day. This change lagged the S&P 500's daily gain of 0.15%. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.09%.
Coming into today, shares of the travel services company had lost 6.08% in the past month. In that same time, the Consumer Discretionary sector gained 0.88%, while the S&P 500 lost 0.21%.
The upcoming earnings release of Trip.com will be of great interest to investors. On that day, Trip.com is projected to report earnings of $0.86 per share, which would represent year-over-year growth of 3.61%. At the same time, our most recent consensus estimate is projecting a revenue of $1.91 billion, reflecting a 15.93% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.44 per share and revenue of $8.45 billion. These totals would mark changes of -4.18% and +14.02%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Trip.com. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Trip.com is currently sporting a Zacks Rank of #3 (Hold).
In the context of valuation, Trip.com is at present trading with a Forward P/E ratio of 17.23. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 17.23.
Investors should also note that TCOM has a PEG ratio of 1.06 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Leisure and Recreation Services industry was having an average PEG ratio of 1.21.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 153, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Trip.com (TCOM) Stock Drops Despite Market Gains: Important Facts to Note
Trip.com (TCOM - Free Report) closed at $59.03 in the latest trading session, marking a -0.51% move from the prior day. This change lagged the S&P 500's daily gain of 0.15%. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.09%.
Coming into today, shares of the travel services company had lost 6.08% in the past month. In that same time, the Consumer Discretionary sector gained 0.88%, while the S&P 500 lost 0.21%.
The upcoming earnings release of Trip.com will be of great interest to investors. On that day, Trip.com is projected to report earnings of $0.86 per share, which would represent year-over-year growth of 3.61%. At the same time, our most recent consensus estimate is projecting a revenue of $1.91 billion, reflecting a 15.93% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.44 per share and revenue of $8.45 billion. These totals would mark changes of -4.18% and +14.02%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Trip.com. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Trip.com is currently sporting a Zacks Rank of #3 (Hold).
In the context of valuation, Trip.com is at present trading with a Forward P/E ratio of 17.23. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 17.23.
Investors should also note that TCOM has a PEG ratio of 1.06 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Leisure and Recreation Services industry was having an average PEG ratio of 1.21.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 153, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.