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) Exceeds Market Returns: Some Facts to Consider
Read MoreHide Full Article
Trip.com (TCOM - Free Report) closed the most recent trading day at $39.93, moving +2.7% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.33%. On the other hand, the Dow registered a gain of 1.08%, and the technology-centric Nasdaq increased by 0.08%.
Shares of the travel services company have depreciated by 3.83% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 3.52%, and the S&P 500's gain of 1.41%.
The investment community will be paying close attention to the earnings performance of Trip.com in its upcoming release. The company is predicted to post an EPS of $1.18, indicating a 69.51% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $2.81 billion, showing a 8.93% escalation compared to the year-ago 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. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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.
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, the Zacks Consensus EPS estimate has shifted 2.13% downward. As of now, Trip.com holds a Zacks Rank of #4 (Sell).
In the context of valuation, Trip.com is at present trading with a Forward P/E ratio of 10.52. Its industry sports an average Forward P/E of 15.37, so one might conclude that Trip.com is trading at a discount comparatively.
It's also important to note that TCOM currently trades at a PEG ratio of 2.63. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. TCOM's industry had an average PEG ratio of 1.16 as of yesterday's close.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 85, this industry ranks in the top 35% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow TCOM in the coming trading sessions, be sure to utilize Zacks.com.
Image: Bigstock
Trip.com (TCOM) Exceeds Market Returns: Some Facts to Consider
Trip.com (TCOM - Free Report) closed the most recent trading day at $39.93, moving +2.7% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.33%. On the other hand, the Dow registered a gain of 1.08%, and the technology-centric Nasdaq increased by 0.08%.
Shares of the travel services company have depreciated by 3.83% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 3.52%, and the S&P 500's gain of 1.41%.
The investment community will be paying close attention to the earnings performance of Trip.com in its upcoming release. The company is predicted to post an EPS of $1.18, indicating a 69.51% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $2.81 billion, showing a 8.93% escalation compared to the year-ago 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. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming 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.
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, the Zacks Consensus EPS estimate has shifted 2.13% downward. As of now, Trip.com holds a Zacks Rank of #4 (Sell).
In the context of valuation, Trip.com is at present trading with a Forward P/E ratio of 10.52. Its industry sports an average Forward P/E of 15.37, so one might conclude that Trip.com is trading at a discount comparatively.
It's also important to note that TCOM currently trades at a PEG ratio of 2.63. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. TCOM's industry had an average PEG ratio of 1.16 as of yesterday's close.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 85, this industry ranks in the top 35% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow TCOM in the coming trading sessions, be sure to utilize Zacks.com.