rts logo

Trip.com Group Ltd ADR (TCOM) Analysis & Forecast for 2024

Trip.com Group Ltd ADR (NASDAQ: TCOM) is 25.02% higher on its value in year-to-date trading and has touched a low of $30.70 and a high of $47.44 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 $44.68 in the last trading session, with the day’s gains setting it 0.34%.

Currently trading at $45.02, the stock is 1.92% and 10.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.96 million and changing 0.76% at the moment leaves the stock 21.49% off its SMA200. TCOM registered 21.05% gain for a year compared to 6-month gain of 27.10%. The firm has a 50-day simple moving average (SMA 50) of $0.61 and a 200-day simple moving average (SMA200) of $2.12.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 0.78% loss in the last 1 month and extending the period to 3 months gives it a 33.63%, and is 3.68% 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 1.70% over the week and 2.28% over the month.

Trip.com Group Ltd ADR (TCOM) has around 32202 employees, a market worth around $29.72B and $6.27B in sales. Current P/E ratio is 21.64 and Fwd P/E is 14.79. Profit margin for the company is 22.32%. Distance from 52-week low is 46.64% and -5.11% from its 52-week high. The company has generated returns on investments over the last 12 months (7.00%).

Trip.com Group Ltd ADR quarterly earnings per share for the current quarter are estimated at $0.56 with sales reaching $1.61B over the same period.The EPS is expected to shrink by -3.19% this year, but quarterly earnings will post 18.30% year-over-year. Quarterly sales are estimated to grow 25.70% in year-over-year returns.

Trip.com Group Ltd ADR (TCOM) Top Institutional Holders

526 institutions hold shares in Trip.com Group Ltd ADR (TCOM), with institutional investors hold 37.40% of the company’s shares. The shares outstanding are 660.10M, and float is at 660.06M with Short Float at 1.42%. Institutions hold 37.40% of the Float.

The top institutional shareholder in the company is Morgan Stanley with over 27.73 million shares valued at $970.62 million. The investor’s holdings represent 4.06% of the TCOM Shares outstanding. As of Jun 29, 2023, the second largest holder is Capital World Investors with 23.61 million shares valued at $826.34 million to account for 3.45% of the shares outstanding. The other top investors are FMR, LLC which holds 15.11 million shares representing 2.21% and valued at over $528.72 million, while FIL LTD holds 1.56% of the shares totaling 10.64 million with a market value of $372.54 million.

Related Posts