Trip.com Group (TCOM) Set to Announce Earnings on Monday

Trip.com Group (NASDAQ:TCOM) will be posting its quarterly earnings results after the market closes on Monday, November 18th. Analysts expect Trip.com Group to post earnings of $0.81 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Trip.com Group (NASDAQ:TCOM) last announced its quarterly earnings results on Monday, August 26th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.22. The company had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Trip.com Group had a return on equity of 11.52% and a net margin of 28.78%. On average, analysts expect Trip.com Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Trip.com Group Stock Down 0.7 %

Shares of TCOM stock opened at $59.49 on Friday. The stock has a market cap of $38.32 billion, a P/E ratio of 20.95 and a beta of 0.39. Trip.com Group has a twelve month low of $31.55 and a twelve month high of $69.67. The stock has a 50 day moving average of $59.09 and a 200 day moving average of $52.02. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.15.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. TD Cowen lowered their price objective on Trip.com Group from $63.00 to $56.00 and set a “buy” rating on the stock in a research note on Tuesday, August 27th. Macquarie upgraded Trip.com Group to a “strong-buy” rating in a report on Monday, October 7th. Hsbc Global Res downgraded Trip.com Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th. HSBC downgraded Trip.com Group from a “buy” rating to a “hold” rating in a report on Tuesday, October 8th. Finally, Citigroup boosted their price objective on Trip.com Group from $66.00 to $72.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Trip.com Group has a consensus rating of “Moderate Buy” and an average target price of $68.33.

Trip.com Group Company Profile

Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. The company acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services.