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.
Why Trip.com (TCOM) Outpaced the Stock Market Today
Read MoreHide Full Article
Trip.com (TCOM - Free Report) ended the recent trading session at $50.48, demonstrating a +1.39% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.11%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.18%.
Prior to today's trading, shares of the travel services company had lost 2.1% was narrower than the Consumer Discretionary sector's loss of 6.69% and the S&P 500's loss of 4.28%.
The upcoming earnings release of Trip.com will be of great interest to investors. The company's upcoming EPS is projected at $0.87, signifying a 6.10% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $2.33 billion, indicating a 21.92% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.17 per share and a revenue of $10.45 billion, indicating changes of -36.04% and +19.27%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Tripcom. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, Trip.com possesses a Zacks Rank of #3 (Hold).
With respect to valuation, Trip.com is currently being traded at a Forward P/E ratio of 11.93. For comparison, its industry has an average Forward P/E of 15.97, which means Trip.com is trading at a discount to the group.
We can additionally observe that TCOM currently boasts a PEG ratio of 2.98. 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 1.3 as trading concluded yesterday.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 90, finds itself in the top 37% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Why Trip.com (TCOM) Outpaced the Stock Market Today
Trip.com (TCOM - Free Report) ended the recent trading session at $50.48, demonstrating a +1.39% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.11%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.18%.
Prior to today's trading, shares of the travel services company had lost 2.1% was narrower than the Consumer Discretionary sector's loss of 6.69% and the S&P 500's loss of 4.28%.
The upcoming earnings release of Trip.com will be of great interest to investors. The company's upcoming EPS is projected at $0.87, signifying a 6.10% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $2.33 billion, indicating a 21.92% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.17 per share and a revenue of $10.45 billion, indicating changes of -36.04% and +19.27%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Tripcom. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, Trip.com possesses a Zacks Rank of #3 (Hold).
With respect to valuation, Trip.com is currently being traded at a Forward P/E ratio of 11.93. For comparison, its industry has an average Forward P/E of 15.97, which means Trip.com is trading at a discount to the group.
We can additionally observe that TCOM currently boasts a PEG ratio of 2.98. 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 1.3 as trading concluded yesterday.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 90, finds itself in the top 37% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming 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.