Trip.com Group TCOM has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 1 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $71.25, a high estimate of $85.00, and a low estimate of $56.00. This current average reflects an increase of 6.34% from the previous average price target of $67.00.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of Trip.com Group among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Boris Van | Bernstein | Announces | Outperform | $85.00 | - |
| Brian Gong | Citigroup | Raises | Buy | $72.00 | $66.00 |
| Kevin Kopelman | TD Cowen | Lowers | Buy | $56.00 | $63.00 |
| Fawne Jiang | Benchmark | Maintains | Buy | $72.00 | $72.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Trip.com Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Trip.com Group compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Trip.com Group's stock. This analysis reveals shifts in analysts' expectations over time.
Capture valuable insights into Trip.com Group's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Trip.com Group analyst ratings.
Unveiling the Story Behind Trip.com Group
Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from its online platform, but the company also maintains offline call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.
Unraveling the Financial Story of Trip.com Group
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Positive Revenue Trend: Examining Trip.com Group's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 13.56% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Trip.com Group's net margin excels beyond industry benchmarks, reaching 30.01%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Trip.com Group's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.97%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Trip.com Group's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.61%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.46.
Understanding the Relevance of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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