Trip.com Group Limited (NASDAQ: TCOM) is 12.30% higher on its value in year-to-date trading and has touched a low of $14.29 and a high of $39.09 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 $38.03 in the last trading session, with the day’s gains setting it 0.6% off its average median price target of $284.61 for the next 12 months. It is also 89.02% off the consensus price target high of $351.89 offered by 35 analysts, but current levels are 82.68% higher than the price target low of $223.00 for the same period.
Currently trading at $38.63, the stock is 5.64% and 16.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.28 million and changing 1.58% at the moment leaves the stock 45.21% off its SMA200. TCOM registered 49.90% gain for a year compared to 6-month gain of 43.98%.
The stock witnessed a 10.50% loss in the last 1 month and extending the period to 3 months gives it a 61.36%, and is 6.36% 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 2.84% over the week and 3.25% over the month.
Trip.com Group Limited (TCOM) has around 33732 employees, a market worth around $25.56B and $2.91B in sales. Fwd P/E is 35.77. Profit margin for the company is -7.60%. Distance from 52-week low is 170.33% and -1.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.10%).
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 “Buy”. 35 analysts offering their recommendations for the stock have an average rating of 1.90, where 4 rate it as a Hold and 6 think it is a “Overweight”. 25 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Trip.com Group Limited is expected to release its quarterly report on 05/24/2023.The EPS is expected to grow by 83.90% this year.
Trip.com Group Limited (TCOM) Top Institutional Holders
The shares outstanding are 647.91M, and float is at 641.75M with Short Float at 3.29%.