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

Trip.com Group Ltd ADR (NASDAQ: TCOM) is 70.29% higher on its value in year-to-date trading and has touched a low of $31.55 and a high of $58.00 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 $56.68 in the last trading session, with the day’s gains setting it 4.64%.

Currently trading at $61.32, the stock is 26.96% and 35.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.92 million and changing 8.19% at the moment leaves the stock 36.20% off its SMA200. TCOM registered 73.07% gain for a year compared to 6-month gain of 39.71%. The firm has a 50-day simple moving average (SMA 50) of $45.4162 and a 200-day simple moving average (SMA200) of $45.16055.

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The stock witnessed a 32.78% loss in the last 1 month and extending the period to 3 months gives it a 30.47%, and is 26.02% 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 3.95% over the week and 2.28% over the month.

Trip.com Group Ltd ADR (TCOM) has around 36249 employees, a market worth around $39.50B and $6.74B in sales. Current P/E ratio is 21.37 and Fwd P/E is 16.56. Profit margin for the company is 28.85%. Distance from 52-week low is 94.36% and 5.72% from its 52-week high. The company has generated returns on investments over the last 12 months (9.36%).

with sales reaching $2.23B over the same period.The EPS is expected to grow by 23.03% this year, but quarterly earnings will post 21.20% year-over-year. Quarterly sales are estimated to grow 15.70% in year-over-year returns.

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

The shares outstanding are 644.09M, and float is at 644.07M with Short Float at 1.67%.

The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 49.9 million shares valued at $2.35 billion. The investor’s holdings represent 7.6608% of the TCOM Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 23.78 million shares valued at $1.12 billion to account for 3.6509 of the shares outstanding. The other top investors are SCHRODER INVESTMENT MANAGEMENT GROUP which holds 11.72 million shares representing 1.7989% and valued at over $550.69 million, while FIL LTD holds 1.3503 of the shares totaling 8.8 million with a market value of $413.38 million.

Trip.com Group Ltd ADR (TCOM) Insider Activity

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Still, SEC filings show that on Sep 25 ’24, Smart Charm Ltd (Member of immediate family of ) Proposed Sale 659,224 shares at an average price of $53.06 for $34.98 million. The insider now directly holds shares of Trip.com Group Ltd ADR (TCOM).

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