Here's Why Trip.com (TCOM) Gained But Lagged the Market Today
Zacks Investment Research·2024-04-26 22:56

Company Performance - Trip.com closed at $50.60, with a daily increase of +0.36%, underperforming the S&P 500's gain of 1.02% [1] - The stock has gained 14.88% over the past month, while the Consumer Discretionary sector and S&P 500 have lost 6.35% and 3.15%, respectively [1] - Upcoming EPS is projected at $0.63, indicating a 40% increase year-over-year, with revenue expected at $1.61 billion, up 20.38% from the previous year [1] Full Year Estimates - For the full year, earnings are projected at $2.96 per share and revenue at $7.35 billion, reflecting increases of +8.03% and +17.97% from the prior year [2] - Recent analyst estimate revisions suggest confidence in the company's performance and profit potential [2] Analyst Ratings and Valuation - Trip.com holds a Zacks Rank of 1 (Strong Buy), with a historical average annual return of +25% for 1 stocks since 1988 [3] - The company is trading at a Forward P/E ratio of 17.06, which is a premium compared to the industry average of 16.13 [3] - The Leisure and Recreation Services industry ranks in the bottom 27% of all industries, with a Zacks Industry Rank of 185 [3]