Group Ltd ADR [TCOM] Revenue clocked in at $4.66 billion, up 4.04% YTD: What’s Next?

- Advertisements - Group Ltd ADR [NASDAQ: TCOM] price surged by 1.22 percent to reach at $0.43. The company report on November 8, 2023 at 5:00 AM that Group Limited to Report Third Quarter of 2023 Financial Results on November 20, 2023 U.S. Time. Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its financial results for the three months ended September 30, 2023 on Monday, November 20, 2023, U.S. Time.

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Sponsored Group’s management team will host a conference call at 7:00 PM U.S. Eastern Time on November 20, 2023 (or 8:00 AM on November 21, 2023 in the Shanghai/Hong Kong Time) following the announcement.

A sum of 3969342 shares traded at recent session while its average daily volume was at 4.01M shares. Group Ltd ADR shares reached a high of $36.32 and dropped to a low of $35.59 until finishing in the latest session at $35.79.

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The one-year TCOM stock forecast points to a potential upside of 28.96. The average equity rating for TCOM stock is currently 1.23, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Group Ltd ADR [TCOM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TCOM shares is $50.38 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 1.23. 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.

JP Morgan have made an estimate for Group Ltd ADR shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 31, 2023.

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The Average True Range (ATR) for Group Ltd ADR is set at 0.89, with the Price to Sales ratio for TCOM stock in the period of the last 12 months amounting to 5.07. The Price to Book ratio for the last quarter was 1.37, with the Price to Cash per share for the same quarter was set at 11.55.

TCOM Stock Performance Analysis: Group Ltd ADR [TCOM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.74. With this latest performance, TCOM shares gained by 7.96% in over the last four-week period, additionally plugging by 6.04% over the last 6 months – not to mention a rise of 29.11% 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 61.17, with the RSI for the last a single of trading hit 69.10, and the three-weeks RSI is set at 56.26 for Group Ltd ADR [TCOM]. The present Moving Average for the last 50 days of trading for this stock 34.54, while it was recorded at 34.79 for the last single week of trading, and 35.98 for the last 200 days.

Insight into Group Ltd ADR Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Group Ltd ADR [TCOM] shares currently have an operating margin of +0.44 and a Gross Margin at +77.48. Group Ltd ADR’s Net Margin is presently recorded at +7.00.

Return on Total Capital for TCOM is now 0.05, given the latest momentum, and Return on Invested Capital for the company is 1.13. Return on Equity for this stock inclined to 1.25, with Return on Assets sitting at 0.73. When it comes to the capital structure of this company, Group Ltd ADR [TCOM] has a Total Debt to Total Equity ratio set at 41.55. Additionally, TCOM Total Debt to Total Capital is recorded at 29.36, with Total Debt to Total Assets ending up at 24.34. Long-Term Debt to Equity for the company is recorded at 12.21, with the Long-Term Debt to Total Capital now at 8.63.

Reflecting on the efficiency of the workforce at the company, Group Ltd ADR [TCOM] managed to generate an average of $50,665 per employee. Receivables Turnover for the company is 1.81 with a Total Asset Turnover recorded at a value of Group Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10. Group Ltd ADR [TCOM] Institutonal Ownership Details

The top three institutional holders of TCOM stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in TCOM stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in TCOM stock with ownership which is approximately 5.7994%.

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