Saturday, February 27, 2021

Trip.com Group Limited [TCOM] gain 15.59% so far this year. What now?

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Trip.com Group Limited [NASDAQ: TCOM] gained 2.63% or 1.0 points to close at $38.99 with a heavy trading volume of 6908750 shares. The company report on February 11, 2021 that Trip.com Group to Hold Extraordinary General Meeting on March 18, 2021.

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Trip.com Group Limited (Nasdaq: TCOM) (“Trip.com Group” or the “Company”), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, announced that it will hold an extraordinary general meeting of shareholders (the “EGM”) at 9:00 a.m. on March 18, 2021 (Beijing time) at the address of Building 16, Sky SOHO, 968 Jin Zhong Road, Shanghai, the People’s Republic of China.


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A proposal of changing the Company’s authorized share capital by one-to-eight subdivision of shares (“Share Subdivision”) will be submitted to Trip.com Group’s shareholders to be considered and voted upon at the EGM. Subject to the approval of the Share Subdivision at the EGM, Trip.com Group’s board of directors (the “Board”) has approved a change in the American depositary share (“ADS”) ratio proportionate to the Share Subdivision from eight (8) ADSs representing one (1) ordinary share to one (1) ADS representing one (1) ordinary share (the “ADS Ratio Change”), to take effect on March 18, 2021. For Trip.com Group’s ADS holders, the percentage interest in the Company represented by each ADS will not be altered, and the impact on the Company’s per-ADS trading price on Nasdaq is neutral. Holders of ADSs need not take any action in regard to the ADS Ratio Change.

It opened the trading session at $38.51, the shares rose to $41.04 and dropped to $38.46, the range by which the price of stock traded the whole day. The daily chart for TCOM points out that the company has recorded 40.20% gains over the past six months. However, it is still -93.98% lower than its most recent low trading price.

If we look at the average trading volume of 3.76M shares, TCOM reached to a volume of 6908750 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Trip.com Group Limited [TCOM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TCOM shares is $36.99 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TCOM stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

HSBC Securities have made an estimate for Trip.com Group Limited shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 02, 2020. The new note on the price target was released on November 11, 2020, representing the official price target for Trip.com Group Limited stock.

The Average True Range (ATR) for Trip.com Group Limited is set at 1.39, with the Price to Sales ratio for TCOM stock in the period of the last 12 months amounting to 6.74. The Price to Book ratio for the last quarter was 1.54, with the Price to Cash per share for the same quarter was set at 12.65.

Trading performance analysis for TCOM stock

Trip.com Group Limited [TCOM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.75. With this latest performance, TCOM shares gained by 12.75% in over the last four-week period, additionally plugging by 40.20% over the last 6 months – not to mention a rise of 15.15% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TCOM stock in for the last two-week period is set at 70.68, with the RSI for the last a single of trading hit 75.33, and the three-weeks RSI is set at 66.75 for Trip.com Group Limited [TCOM]. The present Moving Average for the last 50 days of trading for this stock 33.97, while it was recorded at 38.15 for the last single week of trading, and 30.25 for the last 200 days.

Trip.com Group Limited [TCOM]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Trip.com Group Limited [TCOM] shares currently have an operating margin of +14.13 and a Gross Margin at +79.33. Trip.com Group Limited’s Net Margin is presently recorded at +19.66.

Return on Total Capital for TCOM is now 3.29, given the latest momentum, and Return on Invested Capital for the company is 5.98. Return on Equity for this stock inclined to 7.38, with Return on Assets sitting at 3.64. When it comes to the capital structure of this company, Trip.com Group Limited [TCOM] has a Total Debt to Total Equity ratio set at 49.11. Additionally, TCOM Total Debt to Total Capital is recorded at 32.94, with Total Debt to Total Assets ending up at 25.38. Long-Term Debt to Equity for the company is recorded at 19.61, with the Long-Term Debt to Total Capital now at 13.15.

Reflecting on the efficiency of the workforce at the company, Trip.com Group Limited [TCOM] managed to generate an average of $22,904 per employee. Receivables Turnover for the company is 3.21 with a Total Asset Turnover recorded at a value of 0.18.Trip.com Group Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.

Trip.com Group Limited [TCOM]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Trip.com Group Limited posted 0.27/share EPS, while the average EPS was predicted by analysts to be reported at 0.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 125.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TCOM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Trip.com Group Limited go to 2.17%.

An analysis of insider ownership at Trip.com Group Limited [TCOM]

There are presently around $15,017 million, or 71.30% of TCOM stock, in the hands of institutional investors. The top three institutional holders of TCOM stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 37,360,161, which is approximately 9.791% of the company’s market cap and around 4.00% of the total institutional ownership; MORGAN STANLEY, holding 36,324,391 shares of the stock with an approximate value of $1.42 billion in TCOM stocks shares; and BLACKROCK INC., currently with $815.85 million in TCOM stock with ownership of nearly 3.451% of the company’s market capitalization.

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Positions in Trip.com Group Limited stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 174 institutional holders increased their position in Trip.com Group Limited [NASDAQ:TCOM] by around 35,613,620 shares. Additionally, 148 investors decreased positions by around 38,115,592 shares, while 48 investors held positions by with 311,429,752 shares. The mentioned changes placed institutional holdings at 385,158,964 shares, according to the latest SEC report filing. TCOM stock had 47 new institutional investments in for a total of 7,751,901 shares, while 38 institutional investors sold positions of 5,268,235 shares during the same period.

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