In the latest market close, Trip.com (TCOM) reached $42.60, with a -0.91% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.89%. Elsewhere, the Dow lost 0.44%, while the tech-heavy Nasdaq lost 1.67%.Heading into today, shares of the travel services company had lost 5.06% over the past month, lagging the Consumer Discretionary sector's gain of 2.07% and the S&P 500's gain of 2.17% in that time.The investment community will be closely monitoring the performa ...

The market expects Trip.com (TCOM) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on A ...

The latest trading session saw Trip.com (TCOM) ending at $42.01, denoting a +1.45% adjustment from its last day's close. This move lagged the S&P 500's daily gain of 1.61%. Meanwhile, the Dow gained 1.39%, and the Nasdaq, a tech-heavy index, added 2.34%.The travel services company's stock has dropped by 10.79% in the past month, falling short of the Consumer Discretionary sector's loss of 2.85% and the S&P 500's loss of 2.88%.Investors will be eagerly watching for the performance of Trip.com in its upcoming ...

SINGAPORE, Aug. 14, 2024 /PRNewswire/ -- Trip.com 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 and six months ended June 30, 2024 on Monday, August 26, 2024, U.S. Time.Trip.com Group's management team will host a conference call at 8:00 PM U.S. Eastern Time on August 26, 2024 (or 8:00 AM on August 27, 2024 in ...

In the latest market close, Trip.com (TCOM) reached $41.87, with a -0.92% movement compared to the previous day. This change lagged the S&P 500's daily gain of 0.47%. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq gained 0.51%.Coming into today, shares of the travel services company had lost 14.26% in the past month. In that same time, the Consumer Discretionary sector lost 2.38%, while the S&P 500 lost 4.45%.Investors will be eagerly watching for the performance of Trip.com in its upcomin ...

Investment Rating - The report assigns a "Buy" rating to Trip com Group (TCOM) with a target price of $54 62, representing a 25 8% upside from the current price of $43 43 [1][5] Core Views - Trip com Group is the leader in China's online travel market and is expanding globally through strategic acquisitions and technological innovation [1][14] - The company has demonstrated strong resilience and recovery post-pandemic, with 2023 revenue and non-GAAP net profit surpassing pre-pandemic levels [60][61] - Trip com Group's international business has become a significant growth driver, with overseas revenue accounting for 13 2% of total revenue in 2023, up from 9 5% in 2018 [77] Business Overview Domestic Market Leadership - Trip com Group dominates China's OTA market with a strong presence in high-end hotels and a comprehensive supply chain network [21][27] - The company has a healthy user base, with 87% of users being middle to high-income consumers and 66% aged between 80s and 90s [34][38] International Expansion - Trip com Group has accelerated its global expansion through acquisitions like Skyscanner and Trip com, establishing a strong presence in Asia, Europe, and North America [14][78] - The company's international revenue reached RMB 5 89 billion in 2023, nearly doubling from 2018 levels [77] Financial Performance - Trip com Group's 2023 revenue reached RMB 44 56 billion, a 122 2% YoY increase, with non-GAAP net profit of RMB 13 07 billion, up 910 1% YoY [6] - The company's 2024-2026 revenue is forecasted to grow at a CAGR of 15 6%, with non-GAAP net profit expected to reach RMB 20 36 billion by 2026 [6] Growth Drivers Domestic Market - Trip com Group benefits from China's post-pandemic travel recovery, with domestic travel demand remaining strong [63][65] - The company's focus on high-end hotels and cross-selling opportunities between transportation and accommodation services drives revenue growth [24][26] International Market - Trip com Group's overseas platforms, Trip com and Skyscanner, are key growth engines, with Trip com's revenue contribution expected to exceed 10% in 2024 [87] - The company's differentiated strategy in Asia and non-confrontational approach in欧美 markets have helped it gain market share [85][86] Industry Outlook - China's tourism industry is expected to maintain steady growth, with online penetration rates continuing to rise, benefiting leading OTA platforms like Trip com Group [55] - The global online travel market has surpassed pre-pandemic levels, with Trip com Group well-positioned to capture growth opportunities in both domestic and international markets [70][74] Strategic Initiatives - Trip com Group has invested heavily in technology, including AI and big data, to enhance user experience and operational efficiency [81] - The company's localized services and multi-language support have improved its competitiveness in international markets [81][82]

Trip.com (TCOM) closed at $43.35 in the latest trading session, marking a -0.18% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.11%. Elsewhere, the Dow saw an upswing of 1.64%, while the tech-heavy Nasdaq appreciated by 1.03%.The travel services company's stock has dropped by 8.57% in the past month, falling short of the Consumer Discretionary sector's loss of 3.51% and the S&P 500's loss of 1.16%.The upcoming earnings release of Trip.com will be of great interest ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Trip.com (TCOM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Trip.com is one of 281 individual stocks in the Consumer Discretionary ...

Company Overview - Trip.com closed at $45.36, showing a slight increase of +0.07% from the previous session, outperforming the S&P 500's decline of 0.71% [1] - Over the past month, Trip.com shares have decreased by 9.3%, underperforming the Consumer Discretionary sector's loss of 0.43% and the S&P 500's gain of 1.08% [1] Financial Performance - The upcoming earnings per share (EPS) for Trip.com is projected at $0.79, representing a 12.86% increase year-over-year [1] - Revenue is expected to reach $1.79 billion, reflecting a 15.27% increase from the same quarter last year [1] - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of $3.08 and revenue of $7.3 billion, indicating increases of +12.41% and +17.23% respectively from the previous year [2] Analyst Estimates and Market Sentiment - Recent adjustments to analyst estimates for Trip.com suggest a favorable outlook on the company's business health and profitability [2] - The Zacks Rank system currently rates Trip.com as 1 (Strong Buy), indicating a positive sentiment among analysts [3] - The Forward P/E ratio for Trip.com is 14.72, which is lower than the industry average of 17.09, suggesting a valuation discount [3] Industry Context - Trip.com operates within the Leisure and Recreation Services industry, which is part of the Consumer Discretionary sector [3] - The current Zacks Industry Rank for this sector is 153, placing it in the bottom 40% of over 250 industries [3]

Company Performance - Trip.com closed at $49.29, with a daily increase of +0.61%, outperforming the S&P 500 which fell by 0.88% [1] - The stock has decreased by 3.53% over the past month, underperforming the Consumer Discretionary sector's loss of 2.04% and the S&P 500's gain of 5.11% [1] - Upcoming earnings per share (EPS) is projected at $0.79, a 12.86% increase year-over-year, with revenue expected to be $1.79 billion, indicating a 15.27% increase compared to the same quarter last year [1] Annual Estimates - For the annual period, earnings are anticipated at $3.08 per share and revenue at $7.3 billion, reflecting increases of +12.41% and +17.23% respectively from the previous year [2] - Changes in analyst estimates are crucial as they indicate the evolving business trends, with positive revisions suggesting analyst optimism about the company's profitability [2] Zacks Rank and Valuation - Trip.com holds a Zacks Rank of 1 (Strong Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [3] - The company is currently trading at a Forward P/E ratio of 15.91, which is lower than the industry average Forward P/E of 16.8 [3] - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 169, placing it in the bottom 33% of over 250 industries [3]