Trip.com Group Ltd ADR (NASDAQ: TCOM): To Buy Or Not To Buy, That Is The Question

Trip.com Group Ltd ADR (TCOM) concluded trading on Wednesday at a closing price of $41.91, with 5.24 million shares of worth about $219.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.17% during that period and on Wednesday the price saw a gain of about 1.13%. Currently the company’s common shares owned by public are about 660.10M shares, out of which, 659.32M shares are available for trading.

Stock saw a price change of 5.70% in past 5 days and over the past one month there was a price change of 19.91%. Year-to-date (YTD), TCOM shares are showing a performance of 16.38% which increased to 14.92% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $30.70 but also hit the highest price of $43.59 during that period. The average intraday trading volume for Trip.com Group Ltd ADR shares is 4.00 million. The stock is currently trading 8.74% above its 20-day simple moving average (SMA20), while that difference is up 14.47% for SMA50 and it goes to 16.97% higher than SMA200.

Trip.com Group Ltd ADR (NASDAQ: TCOM) currently have 660.10M outstanding shares and institutions hold larger chunk of about 36.23% of that.

The stock has a current market capitalization of $27.66B and its 3Y-monthly beta is at 0.54. PE ratio of stock for trailing 12 months is 18.62, while it has posted earnings per share of $2.25 in the same period. It has Quick Ratio of 1.17 while making debt-to-equity ratio of 0.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TCOM, volatility over the week remained 1.52% while standing at 2.01% over the month.

Analysts are in expectations that Trip.com Group Ltd ADR (TCOM) stock would likely to be making an EPS of $0.33 in the current quarter, while forecast for next quarter EPS is $0.49 and it is $2.39 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.24 which is $0.44 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.11 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -12.18% while it is estimated to increase by 15.96% in next year.

Coverage by JP Morgan stated Trip.com Group Ltd ADR (TCOM) stock as an Overweight in their note to investors on July 31, 2023, suggesting a price target of $50 for the stock. Stock get a Neutral rating from JP Morgan on January 30, 2023.

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