Trip.com Group (TCOM) Scheduled to Post Earnings on Monday

Trip.com Group (NASDAQ:TCOM) is set to announce its earnings results after the market closes on Monday, November 18th. Analysts expect the company to announce earnings of $0.81 per share for the quarter. Parties that wish to register for 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 EPS for the quarter, beating the consensus estimate of $0.65 by $0.22. Trip.com Group had a net margin of 28.78% and a return on equity of 11.52%. The firm had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.80 billion. 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 Price Performance

Trip.com Group stock opened at $59.49 on Friday. Trip.com Group has a 52 week low of $31.55 and a 52 week high of $69.67. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.15. The stock has a market cap of $38.32 billion, a price-to-earnings ratio of 20.80 and a beta of 0.39. The business has a 50-day simple moving average of $59.33 and a 200 day simple moving average of $52.12.

Analyst Upgrades and Downgrades

TCOM has been the topic of a number of research analyst reports. Benchmark reissued a “buy” rating and issued a $72.00 price target on shares of Trip.com Group in a report on Tuesday, August 27th. Sanford C. Bernstein initiated coverage on Trip.com Group in a research note on Monday, November 4th. They issued an “outperform” rating and a $85.00 target price on the stock. Citigroup lifted their price target on Trip.com Group from $66.00 to $72.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. Macquarie upgraded Trip.com Group to a “strong-buy” rating in a research report on Monday, October 7th. Finally, Mizuho boosted their target price on Trip.com Group from $65.00 to $78.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Five research 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.com, Trip.com Group currently has an average rating of “Moderate Buy” and an average price target 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.