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Trip.com (TCOM) Increases Despite Market Slip: Here's What You Need to Know
TCOMTRIP.COM(TCOM) ZACKS·2024-07-19 23:22

Company Overview - Trip.com closed at 45.36,showingaslightincreaseof+0.0745.36, 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 1.79billion,reflectinga15.271.79 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]