Trip.com Group (TCOM) Projected to Post Quarterly Earnings on Wednesday

Trip.com Group (NASDAQ:TCOM) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $12.33 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Trip.com Group Stock Performance

Shares of TCOM opened at $69.25 on Tuesday. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.14. The firm has a market cap of $44.60 billion, a PE ratio of 20.73, a price-to-earnings-growth ratio of 0.69 and a beta of 0.37. The company’s 50 day simple moving average is $69.27 and its 200-day simple moving average is $60.66. Trip.com Group has a 12-month low of $38.23 and a 12-month high of $77.18.

Analysts Set New Price Targets

TCOM has been the topic of a number of research reports. Benchmark restated a “buy” rating and set a $80.00 target price on shares of Trip.com Group in a research report on Tuesday, January 14th. TD Cowen raised their target price on Trip.com Group from $56.00 to $71.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Mizuho lifted their price target on Trip.com Group from $65.00 to $78.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. HSBC raised Trip.com Group from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a research note on Tuesday, November 19th. Finally, Macquarie lifted their price objective on Trip.com Group from $75.40 to $80.80 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Eleven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $74.78.

About Trip.com Group

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.