Trip.com Group Limited [TCOM] Revenue clocked in at $2.54 billion, up 11.70% YTD: What’s Next?

Trip.com Group Limited [NASDAQ: TCOM] traded at a low on 11/21/22, posting a -3.00 loss after which it closed the day’ session at $27.50. The company report on October 25, 2022 that Trip.com Group and Queensland team up for global campaign.


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Trip.com Group, leading global travel service provider, has launched a promotional campaign with Tourism and Events Queensland, targeting travellers from six major markets around the world to experience “A Beautiful Way to Be” in Queensland.

The campaign targets two key tourist segments – couple getaways and family vacations. Set to go live on 25th October and running for one month, the campaign is aimed at travellers in Australia, New Zealand, the United Kingdom, Japan, South Korea, and Singapore.

The results of the trading session contributed to over 9361269 shares changing hands. Over the past one week, the price volatility of Trip.com Group Limited stands at 5.05% while the volatility over the past one month is 5.26%.

The market cap for TCOM stock reached $18.46 billion, with 647.87 million shares outstanding and 637.46 million shares in the current float. Compared to the average trading volume of 5.50M shares, TCOM reached a trading volume of 9361269 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]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TCOM shares is $32.14 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 1.80. 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.

Daiwa 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 September 22, 2022. While these analysts kept the previous recommendation, UBS raised their target price to Neutral. The new note on the price target was released on September 16, 2022, representing the official price target for Trip.com Group Limited stock.

The Average True Range (ATR) for Trip.com Group Limited is set at 1.87, with the Price to Sales ratio for TCOM stock in the period of the last 12 months amounting to 7.28. The Price to Book ratio for the last quarter was 1.16, with the Price to Cash per share for the same quarter was set at 11.17.

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 -0.79. With this latest performance, TCOM shares gained by 14.87% in over the last four-week period, additionally plugging by 35.27% over the last 6 months – not to mention a drop of -5.27% 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 53.22, with the RSI for the last a single of trading hit 52.14, and the three-weeks RSI is set at 53.01 for Trip.com Group Limited [TCOM]. The present Moving Average for the last 50 days of trading for this stock 25.99, while it was recorded at 28.61 for the last single week of trading, and 24.75 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 -7.05 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 26.96. 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 1.10 and a Current Ratio set at 1.10.

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

There are presently around $9,118 million, or 53.00% of TCOM stock, in the hands of institutional investors. The top three institutional holders of TCOM stocks are: BLACKROCK INC. with ownership of 28,633,010, which is approximately 7.38% of the company’s market cap and around 4.00% of the total institutional ownership; MORGAN STANLEY, holding 27,784,808 shares of the stock with an approximate value of $764.08 million in TCOM stocks shares; and VANGUARD GROUP INC, currently with $564.95 million in TCOM stock with ownership of nearly 1.636% of the company’s market capitalization.

Positions in Trip.com Group Limited stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 155 institutional holders increased their position in Trip.com Group Limited [NASDAQ:TCOM] by around 42,305,322 shares. Additionally, 160 investors decreased positions by around 42,686,118 shares, while 39 investors held positions by with 246,556,769 shares. The mentioned changes placed institutional holdings at 331,548,209 shares, according to the latest SEC report filing. TCOM stock had 41 new institutional investments in for a total of 14,942,193 shares, while 39 institutional investors sold positions of 6,993,997 shares during the same period.

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