Trip.com Group (NASDAQ:TCOM) Downgraded to Sell at StockNews.com
Trip.com Group (NASDAQ:TCOM – Get Score) was downgraded by StockNews.com from a “hold” score to a “sell” ranking in a investigation note issued to investors on Wednesday.
A quantity of other brokerages also just lately issued reviews on TCOM. JPMorgan Chase & Co. downgraded Excursion.com Group from an “overweight” ranking to a “neutral” ranking and established a $20.00 rate aim on the inventory. in a investigation observe on Monday, March 14th. CLSA reduced their value aim on Excursion.com Group from $39.00 to $35.00 in a report on Friday, March 25th. Zacks Financial commitment Study elevated Vacation.com Team from a “sell” score to a “hold” score in a report on Wednesday, March 2nd. Citigroup amplified their cost aim on Excursion.com Group from $30.00 to $35.00 and gave the enterprise a “buy” ranking in a report on Tuesday, February 15th. Lastly, Macquarie upgraded Vacation.com Group from a “neutral” rating to an “outperform” score in a exploration report on Tuesday, March 15th. A single research analyst has rated the inventory with a provide ranking, a few have assigned a maintain ranking and nine have issued a buy ranking to the corporation. Primarily based on facts from MarketBeat.com, Trip.com Team presently has an normal ranking of “Buy” and an ordinary concentrate on price tag of $33.13.
Shares of NASDAQ:TCOM traded down $.28 in the course of midday investing on Wednesday, achieving $21.78. The company’s inventory had a trading volume of 4,849,481 shares, when compared to its normal volume of 6,281,628. The business has a market capitalization of $13.06 billion, a value-to-earnings ratio of -181.48 and a beta of .92. The corporation has a credit card debt-to-fairness ratio of .10, a fast ratio of 1.00 and a current ratio of 1.00. The organization has a 50 day relocating regular cost of $22.11 and a two-hundred day shifting average selling price of $24.44. Vacation.com Group has a fifty-two 7 days low of $14.29 and a fifty-two week superior of $40.29.
Vacation.com Group (NASDAQ:TCOM – Get Score) very last announced its quarterly earnings knowledge on Wednesday, March 23rd. The organization claimed $.08 earnings for every share (EPS) for the quarter, beating analysts’ consensus estimates of ($.21) by $.29. The company had revenue of $735.00 million for the quarter, compared to the consensus estimate of $679.36 million. Journey.com Team had a constructive return on fairness of .19% and a detrimental web margin of 2.87%. During the identical time period in the earlier calendar year, the business acquired $.14 EPS. As a group, research analysts anticipate that Trip.com Group will write-up -.23 earnings per share for the existing 12 months.
Quite a few hedge resources have not too long ago modified their holdings of the business. Lindbrook Capital LLC boosted its holdings in Vacation.com Team by 49.9% in the 4th quarter. Lindbrook Funds LLC now owns 1,901 shares of the company’s stock truly worth $47,000 following purchasing an supplemental 633 shares throughout the interval. Pinebridge Investments L.P. acquired a new posture in Journey.com Team in the 4th quarter truly worth $52,000. Exane Derivatives acquired a new placement in Excursion.com Group in the 1st quarter truly worth $78,000. Migdal Insurance & Economic Holdings Ltd. boosted its holdings in Journey.com Team by 44.4% in the 1st quarter. Migdal Insurance policy & Economic Holdings Ltd. now owns 5,015 shares of the company’s stock value $122,000 soon after purchasing an extra 1,541 shares throughout the period. Lastly, Advisor Team Holdings Inc. boosted its holdings in Vacation.com Group by 19.7% in the 1st quarter. Advisor Group Holdings Inc. now owns 6,496 shares of the company’s stock worthy of $152,000 following shopping for an more 1,068 shares all through the time period. 66.54% of the stock is owned by hedge money and other institutional traders.
Trip.com Group Organization Profile (Get Score)
Journey.com Team Limited operates as a travel services provider for accommodation reservation, transportation ticketing, packaged tours and in-desired destination, corporate travel administration, and other travel-associated expert services in China and internationally. The business functions as an agent for hotel-relevant transactions and marketing air tickets, as perfectly as gives train, long-distance bus, and ferry tickets vacation coverage products and solutions, such as flight delay, air accident, and baggage reduction protection and air-ticket shipping and delivery, on the net check out-in and seat range, convey stability screening, actual-time flight standing tracker, and airport VIP lounge products and services.
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