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) Registers a Bigger Fall Than the Market: Important Facts to Note
Read MoreHide Full Article
Trip.com (TCOM - Free Report) closed the most recent trading day at $60.54, moving -1.5% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.07%. Elsewhere, the Dow lost 0.37%, while the tech-heavy Nasdaq added 0.03%.
Prior to today's trading, shares of the travel services company had lost 1.44% lagged the Consumer Discretionary sector's gain of 5.29% and the S&P 500's gain of 3.94%.
Analysts and investors alike will be keeping a close eye on the performance of Trip.com in its upcoming earnings disclosure. The company is expected to report EPS of $0.99, down 1% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.03 billion, up 15.73% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.6 per share and revenue of $8.48 billion. These totals would mark changes of +0.28% and +14.41%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Tripcom. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Trip.com possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Trip.com currently has a Forward P/E ratio of 17.07. This signifies a discount in comparison to the average Forward P/E of 21.79 for its industry.
It is also worth noting that TCOM currently has a PEG ratio of 2.54. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Leisure and Recreation Services industry had an average PEG ratio of 1.91 as trading concluded yesterday.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 67, positioning it in the top 28% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow TCOM in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Trip.com (TCOM) Registers a Bigger Fall Than the Market: Important Facts to Note
Trip.com (TCOM - Free Report) closed the most recent trading day at $60.54, moving -1.5% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.07%. Elsewhere, the Dow lost 0.37%, while the tech-heavy Nasdaq added 0.03%.
Prior to today's trading, shares of the travel services company had lost 1.44% lagged the Consumer Discretionary sector's gain of 5.29% and the S&P 500's gain of 3.94%.
Analysts and investors alike will be keeping a close eye on the performance of Trip.com in its upcoming earnings disclosure. The company is expected to report EPS of $0.99, down 1% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.03 billion, up 15.73% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.6 per share and revenue of $8.48 billion. These totals would mark changes of +0.28% and +14.41%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Tripcom. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Trip.com possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Trip.com currently has a Forward P/E ratio of 17.07. This signifies a discount in comparison to the average Forward P/E of 21.79 for its industry.
It is also worth noting that TCOM currently has a PEG ratio of 2.54. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Leisure and Recreation Services industry had an average PEG ratio of 1.91 as trading concluded yesterday.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 67, positioning it in the top 28% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow TCOM in the coming trading sessions, be sure to utilize Zacks.com.