In the latest quarter, 9 analysts provided ratings for Trip.com Group (NASDAQ:TCOM), showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 8 | 1 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 4 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Trip.com Group and provided 12-month price targets. The average target is $64.67, accompanied by a high estimate of $76.00 and a low estimate of $55.00. Witnessing a positive shift, the current average has risen by 12.96% from the previous average price target of $57.25.
Investigating Analyst Ratings: An Elaborate Study
A comprehensive examination of how financial experts perceive Trip.com Group is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Fawne Jiang | Benchmark | Maintains | Buy | $72.00 | $72.00 |
| Jiong Shao | Barclays | Raises | Overweight | $76.00 | $60.00 |
| Kevin Kopelman | TD Cowen | Raises | Buy | $63.00 | $53.00 |
| Fawne Jiang | Benchmark | Raises | Buy | $72.00 | $55.00 |
| James Lee | Mizuho | Raises | Buy | $65.00 | $60.00 |
| Elinor Leung | CLSA | Raises | Buy | $64.00 | $55.00 |
| Fawne Jiang | Benchmark | Maintains | Buy | $55.00 | - |
| Parash Jain | HSBC | Raises | Buy | $60.00 | $50.00 |
| Brian Gong | Citigroup | Raises | Buy | $55.00 | $53.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Trip.com Group. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Trip.com Group compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Trip.com Group's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
To gain a panoramic view of Trip.com Group's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Trip.com Group analyst ratings.
All You Need to Know About 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.
Trip.com Group's Economic Impact: An Analysis
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Trip.com Group's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 29.43%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 36.22%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 3.45%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Trip.com Group's ROA stands out, surpassing industry averages. With an impressive ROA of 1.93%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.37.
The Significance of Analyst Ratings Explained
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.