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Trip.com (TCOM) Declines More Than Market: Some Information for Investors
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In the latest trading session, Trip.com (TCOM - Free Report) closed at $75.68, marking a -4.15% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.19% for the day. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq lost 0.1%.
Shares of the travel services company witnessed a gain of 10.6% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 0.21%, and the S&P 500's gain of 2.26%.
Market participants will be closely following the financial results of Trip.com in its upcoming release. In that report, analysts expect Trip.com to post earnings of $0.72 per share. This would mark year-over-year growth of 20%. Meanwhile, our latest consensus estimate is calling for revenue of $2.1 billion, up 20.05% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.38 per share and a revenue of $8.71 billion, indicating changes of +77.72% and 0%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Tripcom. 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 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 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. Over the past month, the Zacks Consensus EPS estimate has shifted 0.27% upward. Currently, Trip.com is carrying a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Trip.com has a Forward P/E ratio of 18.61 right now. This represents no noticeable deviation compared to its industry average Forward P/E of 18.61.
One should further note that TCOM currently holds a PEG ratio of 2.34. 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. By the end of yesterday's trading, the Leisure and Recreation Services industry had an average PEG ratio of 1.27.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 92, putting it in the top 38% 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.
To follow TCOM in the coming trading sessions, be sure to utilize Zacks.com.
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Trip.com (TCOM) Declines More Than Market: Some Information for Investors
In the latest trading session, Trip.com (TCOM - Free Report) closed at $75.68, marking a -4.15% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.19% for the day. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq lost 0.1%.
Shares of the travel services company witnessed a gain of 10.6% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 0.21%, and the S&P 500's gain of 2.26%.
Market participants will be closely following the financial results of Trip.com in its upcoming release. In that report, analysts expect Trip.com to post earnings of $0.72 per share. This would mark year-over-year growth of 20%. Meanwhile, our latest consensus estimate is calling for revenue of $2.1 billion, up 20.05% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.38 per share and a revenue of $8.71 billion, indicating changes of +77.72% and 0%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Tripcom. 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 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 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. Over the past month, the Zacks Consensus EPS estimate has shifted 0.27% upward. Currently, Trip.com is carrying a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Trip.com has a Forward P/E ratio of 18.61 right now. This represents no noticeable deviation compared to its industry average Forward P/E of 18.61.
One should further note that TCOM currently holds a PEG ratio of 2.34. 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. By the end of yesterday's trading, the Leisure and Recreation Services industry had an average PEG ratio of 1.27.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 92, putting it in the top 38% 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.
To follow TCOM in the coming trading sessions, be sure to utilize Zacks.com.