Trip.com Group Limited [TCOM] moved down -5.08: Why It’s Important

Trip.com Group Limited [NASDAQ: TCOM] slipped around -1.57 points on Monday, while shares priced at $29.34 at the close of the session, down -5.08%. The company report on September 9, 2021 that Trip.com Group Ltd. to Report Second Quarter and First Half of 2021 Results on September 23, 2021 U.S. Time.

Trip.com Group Ltd. (Nasdaq: TCOM and HKEX:9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, announced that it will report its financial results for the three months and six months ended June 30, 2021 on Thursday, September 23, 2021, U.S. Time, after the market closes.

Trip.com Group’s management team will host a conference call at 8:00PM U.S. Eastern Time on September 23, 2021 (or 8:00AM on September 24, 2021 in the Shanghai/Hong Kong Time) following the announcement.

Trip.com Group Limited stock is now -13.02% down from its year-to-date (YTD) trading value. TCOM Stock saw the intraday high of $30.40 and lowest of $28.87 per share. The company’s 52-week high price is 45.19, which means current price is +24.27% above from all time high which was touched on 03/17/21.

Compared to the average trading volume of 5.62M shares, TCOM reached a trading volume of 8469327 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Trip.com Group Limited [TCOM]?

Morgan Stanley have made an estimate for Trip.com Group Limited shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on May 17, 2021. While these analysts kept the previous recommendation, Goldman raised their target price from $43 to $47. The new note on the price target was released on April 19, 2021, representing the official price target for Trip.com Group Limited stock. Previously, the target price had yet another raise to $51, while Bernstein analysts kept a Outperform rating on TCOM stock.

The Average True Range (ATR) for Trip.com Group Limited is set at 1.27, with the Price to Sales ratio for TCOM stock in the period of the last 12 months amounting to 14.08. The Price to Book ratio for the last quarter was 1.11, with the Price to Cash per share for the same quarter was set at 6.33.

How has TCOM stock performed recently?

Trip.com Group Limited [TCOM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.62. With this latest performance, TCOM shares gained by 22.30% in over the last four-week period, additionally sinking by -33.11% over the last 6 months – not to mention a rise of 2.02% 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 50.17, with the RSI for the last a single of trading hit 46.23, and the three-weeks RSI is set at 49.62 for Trip.com Group Limited [TCOM]. The present Moving Average for the last 50 days of trading for this stock 28.55, while it was recorded at 31.31 for the last single week of trading, and 34.83 for the last 200 days.

Trip.com Group Limited [TCOM]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Trip.com Group Limited [TCOM] shares currently have an operating margin of -7.77 and a Gross Margin at +77.99. Trip.com Group Limited’s Net Margin is presently recorded at -17.73.

Return on Total Capital for TCOM is now -0.88, given the latest momentum, and Return on Invested Capital for the company is -2.56. Return on Equity for this stock declined to -3.11, with Return on Assets sitting at -1.64. 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 57.21. Additionally, TCOM Total Debt to Total Capital is recorded at 36.39, with Total Debt to Total Assets ending up at 30.66. Long-Term Debt to Equity for the company is recorded at 23.25, with the Long-Term Debt to Total Capital now at 14.79.

Reflecting on the efficiency of the workforce at the company, Trip.com Group Limited [TCOM] managed to generate an average of -$109,240 per employee. Receivables Turnover for the company is 1.61 with a Total Asset Turnover recorded at a value of 0.09.Trip.com Group Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.

Earnings analysis for Trip.com Group Limited [TCOM]

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 0.50%.

Insider trade positions for Trip.com Group Limited [TCOM]

There are presently around $12,514 million, or 70.30% of TCOM stock, in the hands of institutional investors. The top three institutional holders of TCOM stocks are: MORGAN STANLEY with ownership of 45,175,053, which is approximately 2.853% of the company’s market cap and around 4.00% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 33,766,750 shares of the stock with an approximate value of $990.72 million in TCOM stocks shares; and BLACKROCK INC., currently with $626.95 million in TCOM stock with ownership of nearly 3.643% 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 September and at the time of the September reporting period, where 225 institutional holders increased their position in Trip.com Group Limited [NASDAQ:TCOM] by around 57,041,789 shares. Additionally, 144 investors decreased positions by around 27,681,510 shares, while 44 investors held positions by with 341,796,212 shares. The mentioned changes placed institutional holdings at 426,519,511 shares, according to the latest SEC report filing. TCOM stock had 55 new institutional investments in for a total of 7,544,028 shares, while 36 institutional investors sold positions of 2,762,621 shares during the same period.

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