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Trip.com (TCOM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Trip.com (TCOM - Free Report) closed at $48.49 in the latest trading session, marking a -3.44% move from the prior day. This move lagged the S&P 500's daily loss of 1.67%. Elsewhere, the Dow saw a downswing of 1.73%, while the tech-heavy Nasdaq depreciated by 2.15%.
Shares of the travel services company have depreciated by 3.92% over the course of the past month, outperforming the Consumer Discretionary sector's loss of 6.43%, and the S&P 500's loss of 6.15%.
Analysts and investors alike will be keeping a close eye on the performance of Trip.com in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.87, marking a 6.1% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.33 billion, up 21.92% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.15 per share and revenue of $10.45 billion. These totals would mark changes of -36.35% and +19.27%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Tripcom. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 2.47% higher within the past month. Currently, Trip.com is carrying a Zacks Rank of #4 (Sell).
In terms of valuation, Trip.com is presently being traded at a Forward P/E ratio of 12.12. For comparison, its industry has an average Forward P/E of 15.89, which means Trip.com is trading at a discount to the group.
We can additionally observe that TCOM currently boasts a PEG ratio of 3.03. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Leisure and Recreation Services industry had an average PEG ratio of 1.31.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 148, this industry ranks in the bottom 40% of all industries, numbering over 250.
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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Trip.com (TCOM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Trip.com (TCOM - Free Report) closed at $48.49 in the latest trading session, marking a -3.44% move from the prior day. This move lagged the S&P 500's daily loss of 1.67%. Elsewhere, the Dow saw a downswing of 1.73%, while the tech-heavy Nasdaq depreciated by 2.15%.
Shares of the travel services company have depreciated by 3.92% over the course of the past month, outperforming the Consumer Discretionary sector's loss of 6.43%, and the S&P 500's loss of 6.15%.
Analysts and investors alike will be keeping a close eye on the performance of Trip.com in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.87, marking a 6.1% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.33 billion, up 21.92% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $4.15 per share and revenue of $10.45 billion. These totals would mark changes of -36.35% and +19.27%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Tripcom. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 2.47% higher within the past month. Currently, Trip.com is carrying a Zacks Rank of #4 (Sell).
In terms of valuation, Trip.com is presently being traded at a Forward P/E ratio of 12.12. For comparison, its industry has an average Forward P/E of 15.89, which means Trip.com is trading at a discount to the group.
We can additionally observe that TCOM currently boasts a PEG ratio of 3.03. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Leisure and Recreation Services industry had an average PEG ratio of 1.31.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 148, this industry ranks in the bottom 40% of all industries, numbering over 250.
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.
You can find more information on all of these metrics, and much more, on Zacks.com.