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Trip.com (TCOM) Stock Falls Amid Market Uptick: What Investors Need to Know
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Trip.com (TCOM - Free Report) ended the recent trading session at $73.32, demonstrating a -2.47% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.01% for the day. Meanwhile, the Dow gained 0.51%, and the Nasdaq, a tech-heavy index, lost 0.28%.
The travel services company's shares have seen an increase of 3% over the last month, surpassing the Consumer Discretionary sector's loss of 1.11% and falling behind the S&P 500's gain of 4.83%.
Market participants will be closely following the financial results of Trip.com in its upcoming release. The company is predicted to post an EPS of $1.15, indicating a 8% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $2.54 billion, indicating a 12.35% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.69 per share and a revenue of $8.54 billion, representing changes of +2.79% and +15.15%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Tripcom. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. At present, Trip.com boasts a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Trip.com has a Forward P/E ratio of 20.37 right now. This represents a discount compared to its industry average Forward P/E of 21.5.
One should further note that TCOM currently holds a PEG ratio of 2.75. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.23 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 138, finds itself in the bottom 45% echelons 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Trip.com (TCOM) Stock Falls Amid Market Uptick: What Investors Need to Know
Trip.com (TCOM - Free Report) ended the recent trading session at $73.32, demonstrating a -2.47% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.01% for the day. Meanwhile, the Dow gained 0.51%, and the Nasdaq, a tech-heavy index, lost 0.28%.
The travel services company's shares have seen an increase of 3% over the last month, surpassing the Consumer Discretionary sector's loss of 1.11% and falling behind the S&P 500's gain of 4.83%.
Market participants will be closely following the financial results of Trip.com in its upcoming release. The company is predicted to post an EPS of $1.15, indicating a 8% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $2.54 billion, indicating a 12.35% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.69 per share and a revenue of $8.54 billion, representing changes of +2.79% and +15.15%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Tripcom. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. At present, Trip.com boasts a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Trip.com has a Forward P/E ratio of 20.37 right now. This represents a discount compared to its industry average Forward P/E of 21.5.
One should further note that TCOM currently holds a PEG ratio of 2.75. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.23 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 138, finds itself in the bottom 45% echelons 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.