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Trip.com (TCOM) Outpaces Stock Market Gains: What You Should Know
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In the latest close session, Trip.com (TCOM - Free Report) was up +2.48% at $38.90. The stock outperformed the S&P 500, which registered a daily gain of 0.6%. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 0.64%.
Coming into today, shares of the travel services company had lost 1.91% in the past month. In that same time, the Consumer Discretionary sector lost 0.15%, while the S&P 500 gained 1.34%.
The investment community will be paying close attention to the earnings performance of Trip.com in its upcoming release. In that report, analysts expect Trip.com to post earnings of $1.18 per share. This would mark a year-over-year decline of 69.51%. Meanwhile, the latest consensus estimate predicts the revenue to be $2.81 billion, indicating a 8.93% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.7 per share and a revenue of $10.02 billion, representing changes of -43.25% and +14.43%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Tripcom. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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 2.13% lower 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 10.27. This signifies a discount in comparison to the average Forward P/E of 15.33 for its industry.
We can additionally observe that TCOM currently boasts a PEG ratio of 2.57. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.13 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 169, finds itself in the bottom 32% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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Trip.com (TCOM) Outpaces Stock Market Gains: What You Should Know
In the latest close session, Trip.com (TCOM - Free Report) was up +2.48% at $38.90. The stock outperformed the S&P 500, which registered a daily gain of 0.6%. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 0.64%.
Coming into today, shares of the travel services company had lost 1.91% in the past month. In that same time, the Consumer Discretionary sector lost 0.15%, while the S&P 500 gained 1.34%.
The investment community will be paying close attention to the earnings performance of Trip.com in its upcoming release. In that report, analysts expect Trip.com to post earnings of $1.18 per share. This would mark a year-over-year decline of 69.51%. Meanwhile, the latest consensus estimate predicts the revenue to be $2.81 billion, indicating a 8.93% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.7 per share and a revenue of $10.02 billion, representing changes of -43.25% and +14.43%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Tripcom. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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 2.13% lower 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 10.27. This signifies a discount in comparison to the average Forward P/E of 15.33 for its industry.
We can additionally observe that TCOM currently boasts a PEG ratio of 2.57. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Leisure and Recreation Services stocks are, on average, holding a PEG ratio of 1.13 based on yesterday's closing prices.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 169, finds itself in the bottom 32% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.