574 institutions hold shares in Trip.com Group Limited (TCOM), with 25.39M shares held by insiders accounting for 4.23% while institutional investors hold 75.15% of the company’s shares. The shares outstanding are 600.68M, and float is at 587.14M with Short Float at 2.68%. Institutions hold 71.97% of the Float.
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The top institutional shareholder in the company is Price (T.Rowe) Associates Inc with over 34.03 million shares valued at $1.06 billion. The investor’s holdings represent 6.15% of the TCOM Shares outstanding. As of Sep 29, 2020, the second largest holder is Morgan Stanley with 29.64 million shares valued at $923.03 million to account for 5.36% of the shares outstanding. The other top investors are Credit Suisse Ag/ which holds 24.37 million shares representing 4.40% and valued at over $758.96 million, while Blackrock Inc. holds 3.78% of the shares totaling 20.92 million with a market value of $705.79 million.
Trip.com Group Limited (NASDAQ: TCOM) is 15.59% higher on its value in year-to-date trading and has touched a low of $20.10 and a high of $39.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TCOM stock was last observed hovering at around $37.99 in the last trading session, with the day’s gains setting it 1.0% off its average median price target of $249.58 for the next 12 months. It is also 88.41% off the consensus price target high of $336.28 offered by 38 analysts, but current levels are 68.92% higher than the price target low of $125.45 for the same period.
Currently trading at $38.99, the stock is 13.38% and 15.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.91 million and changing 2.63% at the moment leaves the stock 29.22% off its SMA200. TCOM registered 15.15% gain for a year compared to 6-month gain of 40.20%. The firm has a 50-day simple moving average (SMA 50) of $34.19 and a 200-day simple moving average (SMA200) of $32.01.
The stock witnessed a 12.75% loss in the last 1 month and extending the period to 3 months gives it a 11.37%, and is 3.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.86% over the week and 3.82% over the month.
Trip.com Group Limited (TCOM) has around 44300 employees, a market worth around $22.53B and $3.34B in sales. Fwd P/E is 8.13. Profit margin for the company is -10.30%. Distance from 52-week low is 93.98% and -0.28% from its 52-week high. The company has generated returns on investments over the last 12 months (2.00%).
Trip.com Group Limited (TCOM) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Trip.com Group Limited (TCOM) is a “Overweight”. 38 analysts offering their recommendations for the stock have an average rating of 2.30, where 13 rate it as a Hold and 2 think it is a “Overweight”. 21 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Trip.com Group Limited is expected to release its quarterly report on 05/26/2021 and quarterly earnings per share for the current quarter are estimated at $0.04 with sales reaching $766.48M over the same period.The EPS is expected to grow by 457.30% this year, but quarterly earnings will post -44.60% year-over-year. Quarterly sales are estimated to shrink -35.70% in year-over-year returns.