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Trip.com (TCOM) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-07-19 23:22
Trip.com (TCOM) closed the latest trading day at $45.36, indicating a +0.07% change from the previous session's end. This move outpaced the S&P 500's daily loss of 0.71%. Elsewhere, the Dow lost 0.93%, while the tech-heavy Nasdaq lost 0.81%.Heading into today, shares of the travel services company had lost 9.3% over the past month, lagging the Consumer Discretionary sector's loss of 0.43% and the S&P 500's gain of 1.08% in that time.Market participants will be closely following the financial results of Trip ...
Why the Market Dipped But Trip.com (TCOM) Gained Today
ZACKS· 2024-07-11 23:22
Trip.com (TCOM) closed the most recent trading day at $49.29, moving +0.61% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.88%. On the other hand, the Dow registered a gain of 0.08%, and the technology-centric Nasdaq decreased by 1.95%.The the stock of travel services company has fallen by 3.53% in the past month, lagging the Consumer Discretionary sector's loss of 2.04% and the S&P 500's gain of 5.11%.Analysts and investors alike will be keeping a ...
What Makes Trip.com (TCOM) a New Strong Buy Stock
ZACKS· 2024-07-08 17:01
Trip.com (TCOM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power ...
Trip.com Group Limited Announces Completion of Offering of US$1.5 Billion Cash-par Settled Convertible Senior Notes
Prnewswire· 2024-06-07 20:05
SINGAPORE, June 7, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced the completion of its offering (the "Notes Offering") of US$1.5 billion in aggregate principal amount of convertible senior notes due 2029 (the "Notes"), including the initial purchasers' full exercise of option to purcha ...
Trip.com (TCOM) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-06-07 17:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...
Is It Worth Investing in Trip.com (TCOM) Based on Wall Street's Bullish Views?
ZACKS· 2024-06-06 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Trip.com (TCOM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Trip.com currently has an average brokerag ...
Trip.com Group Limited Announces Pricing of Offering of US$1.3 Billion Cash-par Settled Convertible Senior Notes
Prnewswire· 2024-06-05 00:07
SINGAPORE, June 4, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced the pricing of its previously announced offering (the "Notes Offering") of US$1.3 billion in aggregate principal amount of convertible senior notes due 2029 (the "Notes"). The Notes have been offered to persons reasonably ...
3 Travel Stocks to Buy as a Strong Dollar Buoys Vacationers
Investor Place· 2024-06-04 18:47
While the phenomenon known as revenge travel has faded, investors should still consider the bullish case for travel stocks. Right now, the U.S. dollar enjoys a strength relative to many other international currencies. As such, American tourists benefit from incredible purchasing power – and they’re flexing it.Another factor that helps move the narrative along is the concept of travel prioritization. Again, the acuteness of the “revenge” angle has subsided. However, the Covid-19 pandemic sparked a behavioral ...
TRIP.COM(TCOM) - 2024 Q1 - Quarterly Report
2024-06-04 11:02
Table of Contents Table of Contents Exhibit 99.1 TRIP.COM GROUP LIMITED INDEX TO CONSOLIDATED FINANCIAL STATEMENTS | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------|-------| | | Page | | Unaudited Interim Condensed Consolidated Statements of Income and Comprehensive Income for the Three-month Periods Ended March 31, | | | 2023 and 2024 | F-2 | | Unaudited Interim Condensed Consolidated Balance Sheets as of D ...
Trip.com Group Limited Announces Proposed Offering of US$1.3 Billion Cash-par Settled Convertible Senior Notes
Prnewswire· 2024-06-04 10:02
SINGAPORE, June 4, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced the proposed offering (the "Notes Offering") of US$1.3 billion in aggregate principal amount of convertible senior notes due 2029 (the "Notes"), subject to market conditions and other factors, only to persons reasonably b ...