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

Trip.com Group (NASDAQ:TCOM – Get Rating) will release its earnings data after the market closes on Monday, June 27th. Analysts expect Trip.com Group to post earnings of ($0.08) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Trip.com Group (NASDAQ:TCOM – Get Rating) last released its quarterly earnings results on Wednesday, March 23rd. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.29. The company had revenue of $735.00 million during the quarter, compared to the consensus estimate of $679.36 million. Trip.com Group had a positive return on equity of 0.19% and a negative net margin of 2.87%. During the same quarter in the prior year, the company posted $0.14 EPS. On average, analysts expect Trip.com Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TCOM opened at $21.35 on Monday. The company has a market cap of $12.80 billion, a PE ratio of -177.90 and a beta of 0.92. The stock has a 50-day moving average of $21.77 and a 200-day moving average of $23.84. Trip.com Group has a 52-week low of $14.29 and a 52-week high of $37.40. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.00 and a current ratio of 1.00.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Advisor Group Holdings Inc. boosted its position in shares of Trip.com Group by 19.7% in the 1st quarter. Advisor Group Holdings Inc. now owns 6,496 shares of the company’s stock worth $152,000 after purchasing an additional 1,068 shares during the last quarter. APG Asset Management N.V. raised its stake in Trip.com Group by 1.8% during the 1st quarter. APG Asset Management N.V. now owns 67,738 shares of the company’s stock worth $1,408,000 after buying an additional 1,200 shares during the period. 1832 Asset Management L.P. raised its stake in Trip.com Group by 12.8% during the 4th quarter. 1832 Asset Management L.P. now owns 16,900 shares of the company’s stock worth $425,000 after buying an additional 1,914 shares during the period. Natixis Advisors L.P. raised its stake in Trip.com Group by 9.2% during the 1st quarter. Natixis Advisors L.P. now owns 27,367 shares of the company’s stock worth $632,000 after buying an additional 2,312 shares during the period. Finally, Aviva PLC raised its stake in Trip.com Group by 1.2% during the 1st quarter. Aviva PLC now owns 236,449 shares of the company’s stock worth $5,467,000 after buying an additional 2,700 shares during the period. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Several analysts recently weighed in on the company. StockNews.com upgraded Trip.com Group from a “sell” rating to a “hold” rating in a research note on Thursday. CLSA cut their price target on Trip.com Group from $39.00 to $35.00 in a report on Friday, March 25th. Macquarie raised Trip.com Group from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 15th. JPMorgan Chase & Co. cut Trip.com Group from an “overweight” rating to a “neutral” rating and set a $20.00 price target for the company. in a report on Monday, March 14th. Finally, Mizuho dropped their target price on Trip.com Group from $35.00 to $32.00 and set a “buy” rating for the company in a report on Thursday, March 24th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $33.13.

About Trip.com Group (Get Rating)

Trip.com Group Limited 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.

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