Trip.com Group (TCOM) to Release Earnings on Monday

Trip.com Group (NASDAQ:TCOM) will release its earnings data after the market closes on Monday, November 18th. Analysts expect Trip.com Group to post earnings of $0.81 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Trip.com Group (NASDAQ:TCOM) last announced its quarterly earnings results on Monday, August 26th. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.22. The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.80 billion. Trip.com Group had a return on equity of 11.52% and a net margin of 28.78%. On average, analysts expect Trip.com Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Trip.com Group Trading Down 0.7 %

NASDAQ TCOM opened at $59.49 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.15. Trip.com Group has a 52 week low of $31.55 and a 52 week high of $69.67. The business has a 50 day moving average price of $59.33 and a 200-day moving average price of $52.12. The company has a market cap of $38.32 billion, a price-to-earnings ratio of 20.80 and a beta of 0.39.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Citigroup boosted their price target on shares of Trip.com Group from $66.00 to $72.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. StockNews.com lowered shares of Trip.com Group from a “buy” rating to a “hold” rating in a report on Tuesday, August 13th. HSBC downgraded Trip.com Group from a “buy” rating to a “hold” rating in a research note on Tuesday, October 8th. Sanford C. Bernstein assumed coverage on Trip.com Group in a report on Monday, November 4th. They set an “outperform” rating and a $85.00 price objective for the company. Finally, Hsbc Global Res lowered Trip.com Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $68.33.

About Trip.com Group

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.