Trip.com Group Ltd ADR (TCOM) At $49.38 Offering A Unique Opportunity

Trip.com Group Ltd ADR (NASDAQ:TCOM) currently has a daily average trading volume of 3.98M but it saw 4338949 shares traded in last market. With a market cap of 32.60B USD, the company’s current market price of $49.38 came rising about 0.96 while comparing to the previous closing price of $48.91. In past 52 weeks, the stock remained buoying in the range of price level as high as $49.22 and as low as $30.70.

Taking a look at 20-day trading activity of Trip.com Group Ltd ADR (TCOM) gives us an average price of $44.71, while its current price level is 0.34% below from 52-week high level whereas it is 60.85% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $42.16 while that of 200 days or SMA-200 reads an average of $37.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.39% during that period while stretching the period over a month that decreases to 2.12%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 74.59 which implies that the stock is in overbought territory.

JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on July 31, 2023 while assigning a price target range of $39-$50. China Renaissance issued its recommendations for the stock as it upgraded the price target for the stock is $46.

Over the week, TCOM’s stock price is moving 10.59% up while it is 15.97% when we observe its performance for the past one month. Year-to-date it is 37.13% up and over the past year, the stock is showing an upside performance of 31.09%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.38 beat the consensus estimate of $0.32 for the same. For TCOM, analysts are forecasting an EPS-growth rate of -1.90% for current year and estimate for EPS growth in next year is 17.00%. In next quarter, company is expected to be making quarterly sales of $1.8 billion as analysts are expecting the sales for current fiscal year at $7.28 billion and seeing the company making $8.44 billion in sales next year. Moreover, analysts are in estimates of $1.61 billion for current-quarter revenue.

Currently, Trip.com Group Ltd ADR’s total number of outstanding shares is 660.10M with 0.01% of that held by the insiders while 37.38% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.00% and return on equity (ROE) at 8.38%. It has a price to earnings ratio (P/E ratio) of 23.74 while having a 16.27 of forward P/E ratio. Stock’s beta reads 0.54. Stock has a price to book (P/B) ratio of 1.90 while price to sale or P/S ratio amounts to 5.20. Its return on asset (ROA) is 4.79% on average.