Trip.com Group Limited (NASDAQ:TCOM – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $61.89.
Several research firms have commented on TCOM. Citigroup lifted their target price on shares of Trip.com Group from $53.00 to $55.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. HSBC upped their price objective on Trip.com Group from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, April 12th. CLSA boosted their price target on shares of Trip.com Group from $55.00 to $64.00 and gave the stock a “buy” rating in a report on Monday, May 13th. StockNews.com upgraded shares of Trip.com Group from a “hold” rating to a “buy” rating in a report on Wednesday, May 22nd. Finally, Mizuho boosted their target price on shares of Trip.com Group from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, May 21st.
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Trip.com Group Stock Performance
Shares of Trip.com Group stock opened at $48.35 on Monday. The company has a market cap of $31.14 billion, a PE ratio of 21.78 and a beta of 0.44. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.07. Trip.com Group has a 52 week low of $31.55 and a 52 week high of $58.00. The business has a 50 day moving average price of $51.65 and a 200-day moving average price of $44.26.
Trip.com Group (NASDAQ:TCOM – Get Free Report) last posted its earnings results on Monday, May 20th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.21. Trip.com Group had a net margin of 22.99% and a return on equity of 10.73%. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.61 billion. Equities analysts anticipate that Trip.com Group will post 2.66 earnings per share for the current fiscal year.
Trip.com Group Company Profile
Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. The company acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services.
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