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.
Trip.com (TCOM) Beats Stock Market Upswing: What Investors Need to Know
Read MoreHide Full Article
Trip.com (TCOM - Free Report) closed at $43.64 in the latest trading session, marking a +1.44% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.05%. Elsewhere, the Dow saw an upswing of 0.46%, while the tech-heavy Nasdaq depreciated by 0.64%.
Shares of the travel services company witnessed a gain of 6.25% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 2.45%, and the S&P 500's gain of 0.61%.
Market participants will be closely following the financial results of Trip.com in its upcoming release. The company's earnings per share (EPS) are projected to be $0.98, reflecting a 2.97% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.31 billion, indicating a 11.49% increase compared to the same quarter of the previous year.
TCOM's full-year Zacks Consensus Estimates are calling for earnings of $3.84 per share and revenue of $10 billion. These results would represent year-over-year changes of -41.1% and +14.2%, respectively.
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. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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, the Zacks Consensus EPS estimate has moved 9.33% lower. Trip.com presently features a Zacks Rank of #5 (Strong Sell).
Digging into valuation, Trip.com currently has a Forward P/E ratio of 11.19. This expresses a discount compared to the average Forward P/E of 16.39 of its industry.
We can also see that TCOM currently has a PEG ratio of 2.8. 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. As the market closed yesterday, the Leisure and Recreation Services industry was having an average PEG ratio of 1.36.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 67, finds itself in the top 28% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Trip.com (TCOM) Beats Stock Market Upswing: What Investors Need to Know
Trip.com (TCOM - Free Report) closed at $43.64 in the latest trading session, marking a +1.44% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.05%. Elsewhere, the Dow saw an upswing of 0.46%, while the tech-heavy Nasdaq depreciated by 0.64%.
Shares of the travel services company witnessed a gain of 6.25% over the previous month, beating the performance of the Consumer Discretionary sector with its loss of 2.45%, and the S&P 500's gain of 0.61%.
Market participants will be closely following the financial results of Trip.com in its upcoming release. The company's earnings per share (EPS) are projected to be $0.98, reflecting a 2.97% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.31 billion, indicating a 11.49% increase compared to the same quarter of the previous year.
TCOM's full-year Zacks Consensus Estimates are calling for earnings of $3.84 per share and revenue of $10 billion. These results would represent year-over-year changes of -41.1% and +14.2%, respectively.
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. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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, the Zacks Consensus EPS estimate has moved 9.33% lower. Trip.com presently features a Zacks Rank of #5 (Strong Sell).
Digging into valuation, Trip.com currently has a Forward P/E ratio of 11.19. This expresses a discount compared to the average Forward P/E of 16.39 of its industry.
We can also see that TCOM currently has a PEG ratio of 2.8. 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. As the market closed yesterday, the Leisure and Recreation Services industry was having an average PEG ratio of 1.36.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 67, finds itself in the top 28% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.