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Trip.com (TCOM) Suffers a Larger Drop Than the General Market: Key Insights
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Trip.com (TCOM - Free Report) closed the most recent trading day at $40.07, moving -1.38% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.03% for the day. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.01%.
Coming into today, shares of the travel services company had lost 9.99% in the past month. In that same time, the Consumer Discretionary sector lost 8.67%, while the S&P 500 gained 0.53%.
Analysts and investors alike will be keeping a close eye on the performance of Trip.com in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.18, signifying a 69.51% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.81 billion, up 8.93% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $3.7 per share and a revenue of $10.02 billion, demonstrating changes of -43.25% and +14.43%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Tripcom. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.
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, there's been a 2.23% fall in the Zacks Consensus EPS estimate. Trip.com presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Trip.com is presently being traded at a Forward P/E ratio of 10.99. This signifies a discount in comparison to the average Forward P/E of 14.2 for its industry.
It is also worth noting that TCOM currently has a PEG ratio of 2.75. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.06 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 196, which puts it in the bottom 21% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Trip.com (TCOM) Suffers a Larger Drop Than the General Market: Key Insights
Trip.com (TCOM - Free Report) closed the most recent trading day at $40.07, moving -1.38% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.03% for the day. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.01%.
Coming into today, shares of the travel services company had lost 9.99% in the past month. In that same time, the Consumer Discretionary sector lost 8.67%, while the S&P 500 gained 0.53%.
Analysts and investors alike will be keeping a close eye on the performance of Trip.com in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.18, signifying a 69.51% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.81 billion, up 8.93% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $3.7 per share and a revenue of $10.02 billion, demonstrating changes of -43.25% and +14.43%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Tripcom. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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.
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, there's been a 2.23% fall in the Zacks Consensus EPS estimate. Trip.com presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Trip.com is presently being traded at a Forward P/E ratio of 10.99. This signifies a discount in comparison to the average Forward P/E of 14.2 for its industry.
It is also worth noting that TCOM currently has a PEG ratio of 2.75. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.06 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 196, which puts it in the bottom 21% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.