Macquarie lifts Trip.com Group Limited [TCOM] price estimate. Who else is bullish?

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Trip.com Group Limited [NASDAQ: TCOM] closed the trading session at $22.42 on 05/05/22. The day’s price range saw the stock hit a low of $21.75, while the highest price level was $23.08.

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The stocks have a year to date performance of -8.94 percent and weekly performance of 0.58 percent. The stock has been moved at -21.66 percent over the last six months. The stock has performed -4.56 percent around the most recent 30 days and changed -14.33 percent over the most recent 3-months.

If compared to the average trading volume of 6.80M shares, TCOM reached to a volume of 3027989 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $31.82 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 1.00. 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.

Macquarie have made an estimate for Trip.com Group Limited shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 15, 2022. The new note on the price target was released on March 14, 2022, representing the official price target for Trip.com Group Limited stock. Previously, the target price had yet another raise to $33, while Barclays analysts kept a Overweight rating on TCOM stock.

The Average True Range (ATR) for Trip.com Group Limited is set at 1.34, with the Price to Sales ratio for TCOM stock in the period of the last 12 months amounting to 4.39. The Price to Book ratio for the last quarter was 0.82, with the Price to Cash per share for the same quarter was set at 12.60.

TCOM stock trade performance evaluation

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 0.58. With this latest performance, TCOM shares dropped by -4.56% in over the last four-week period, additionally sinking by -21.66% over the last 6 months – not to mention a drop of -42.94% 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 47.58, with the RSI for the last a single of trading hit 46.91, and the three-weeks RSI is set at 47.50 for Trip.com Group Limited [TCOM]. The present Moving Average for the last 50 days of trading for this stock 23.11, while it was recorded at 23.38 for the last single week of trading, and 26.56 for the last 200 days.

Trip.com Group Limited [TCOM]: An insightful look at the core 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 -7.05 and a Gross Margin at +77.04. Trip.com Group Limited’s Net Margin is presently recorded at -2.75.

Return on Total Capital for TCOM is now -0.88, given the latest momentum, and Return on Invested Capital for the company is -0.45. Return on Equity for this stock declined to -0.52, with Return on Assets sitting at -0.29. 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 47.16. Additionally, TCOM Total Debt to Total Capital is recorded at 32.05, with Total Debt to Total Assets ending up at 26.77. Long-Term Debt to Equity for the company is recorded at 10.48, with the Long-Term Debt to Total Capital now at 7.12.

Reflecting on the efficiency of the workforce at the company, Trip.com Group Limited [TCOM] managed to generate an average of -$19,651 per employee. Receivables Turnover for the company is 2.05 with a Total Asset Turnover recorded at a value of 0.11.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 per share (EPS) analysis for Trip.com Group Limited [TCOM] stock

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 74.97%.

Trip.com Group Limited [TCOM]: Insider Ownership positions

There are presently around $9,555 million, or 65.70% of TCOM stock, in the hands of institutional investors. The top three institutional holders of TCOM stocks are: MORGAN STANLEY with ownership of 39,194,505, which is approximately -7.166% of the company’s market cap and around 4.00% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 37,710,052 shares of the stock with an approximate value of $889.96 million in TCOM stocks shares; and BLACKROCK INC., currently with $508.89 million in TCOM stock with ownership of nearly 0.256% of the company’s market capitalization.

Positions in Trip.com Group Limited stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 148 institutional holders increased their position in Trip.com Group Limited [NASDAQ:TCOM] by around 40,254,661 shares. Additionally, 179 investors decreased positions by around 53,014,098 shares, while 39 investors held positions by with 311,596,733 shares. The mentioned changes placed institutional holdings at 404,865,492 shares, according to the latest SEC report filing. TCOM stock had 48 new institutional investments in for a total of 11,908,982 shares, while 56 institutional investors sold positions of 8,452,368 shares during the same period.