Group (TCOM) Set to Announce Quarterly Earnings on Monday

[ad_1] Group (NASDAQ:TCOMGet Rating) will release its earnings data after the market closes on Monday, June 27th. Analysts expect 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. Group (NASDAQ:TCOMGet 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. 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 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. 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 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 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 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 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 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. upgraded Group from a “sell” rating to a “hold” rating in a research note on Thursday. CLSA cut their price target on Group from $39.00 to $35.00 in a report on Friday, March 25th. Macquarie raised Group from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 15th. JPMorgan Chase & Co. cut 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 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 Group (Get Rating) 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.

Further Reading

Earnings History for Group (NASDAQ:TCOM)

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