Trip.com (TCOM) Laps the Stock Market: Here's Why
ZACKS·2024-11-06 00:00

Group 1 - Trip.com (TCOM) closed at $68.42, reflecting a +1.75% change from the previous trading day's closing, outperforming the S&P 500's gain of 1.23% [1] - Over the past month, Trip.com shares have decreased by 1.62%, while the Consumer Discretionary sector gained 1.35% and the S&P 500 lost 0.54% [1] Group 2 - The upcoming earnings report for Trip.com is expected to show an EPS of $0.91, indicating a 9% decline compared to the same quarter last year, with projected revenue of $2.2 billion, reflecting a 16.65% increase [2] - For the full year, earnings are projected at $3.36 per share and revenue at $7.35 billion, representing increases of +22.63% and +18.09% respectively from the previous year [3] Group 3 - Recent changes to analyst estimates for Trip.com are being monitored, as upward revisions indicate analysts' positive outlook on the company's operations and profit generation [4] - The Zacks Rank system, which incorporates estimate changes, currently rates Trip.com at 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [6] Group 4 - Trip.com is currently trading at a Forward P/E ratio of 20.01, which is in line with the industry average [7] - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 61, placing it in the top 25% of over 250 industries [7] Group 5 - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [8]