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Trip.com (TCOM) Registers a Bigger Fall Than the Market: Important Facts to Note
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In the latest close session, Trip.com (TCOM - Free Report) was down 1.62% at $52.34. The stock trailed the S&P 500, which registered a daily loss of 0.49%. Meanwhile, the Dow experienced a drop of 0.05%, and the technology-dominated Nasdaq saw a decrease of 0.9%.
Coming into today, shares of the travel services company had gained 8.2% in the past month. In that same time, the Consumer Discretionary sector gained 4.37%, while the S&P 500 gained 12.8%.
Analysts and investors alike will be keeping a close eye on the performance of Trip.com in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.85, showcasing a 3.66% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $2.33 billion, indicating a 22.02% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.12 per share and a revenue of $10.44 billion, signifying shifts of -36.81% and +19.17%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Tripcom. Recent revisions tend to reflect the latest 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 benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an 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. Over the past month, there's been a 1.46% fall in the Zacks Consensus EPS estimate. At present, Trip.com boasts a Zacks Rank of #3 (Hold).
With respect to valuation, Trip.com is currently being traded at a Forward P/E ratio of 12.91. 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.
Meanwhile, TCOM's PEG ratio is currently 3.23. 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. As the market closed yesterday, the Leisure and Recreation Services industry was having an average PEG ratio of 1.26.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 200, which puts it in the bottom 19% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Trip.com (TCOM) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest close session, Trip.com (TCOM - Free Report) was down 1.62% at $52.34. The stock trailed the S&P 500, which registered a daily loss of 0.49%. Meanwhile, the Dow experienced a drop of 0.05%, and the technology-dominated Nasdaq saw a decrease of 0.9%.
Coming into today, shares of the travel services company had gained 8.2% in the past month. In that same time, the Consumer Discretionary sector gained 4.37%, while the S&P 500 gained 12.8%.
Analysts and investors alike will be keeping a close eye on the performance of Trip.com in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.85, showcasing a 3.66% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $2.33 billion, indicating a 22.02% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.12 per share and a revenue of $10.44 billion, signifying shifts of -36.81% and +19.17%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Tripcom. Recent revisions tend to reflect the latest 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 benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an 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. Over the past month, there's been a 1.46% fall in the Zacks Consensus EPS estimate. At present, Trip.com boasts a Zacks Rank of #3 (Hold).
With respect to valuation, Trip.com is currently being traded at a Forward P/E ratio of 12.91. 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.
Meanwhile, TCOM's PEG ratio is currently 3.23. 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. As the market closed yesterday, the Leisure and Recreation Services industry was having an average PEG ratio of 1.26.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 200, which puts it in the bottom 19% 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.