Trip.com Group Ltd ADR (NASDAQ: TCOM) has experienced a rise in its stock price by 0.72 compared to its previous closing price of 48.85. However, the company has seen a gain of 0.78% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-15 that In the closing of the recent trading day, Trip.com (TCOM) stood at $49.20, denoting a +0.72% change from the preceding trading day.
Is It Worth Investing in Trip.com Group Ltd ADR (NASDAQ: TCOM) Right Now?
Trip.com Group Ltd ADR (NASDAQ: TCOM) has a higher price-to-earnings ratio of 23.65x compared to its average ratio, The 36-month beta value for TCOM is at 0.53. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TCOM is 660.06M, and currently, shorts hold a 1.44% of that float. The average trading volume for TCOM on April 16, 2024 was 3.92M shares.
TCOM’s Market Performance
TCOM stock saw an increase of 0.78% in the past week, with a monthly gain of 12.15% and a quarterly increase of 32.12%. The volatility ratio for the week is 2.74%, and the volatility levels for the last 30 days are 2.47% for Trip.com Group Ltd ADR (TCOM).. The simple moving average for the past 20 days is 5.80% for TCOM’s stock, with a 29.67% simple moving average for the past 200 days.
Analysts’ Opinion of TCOM
JP Morgan, on the other hand, stated in their research note that they expect to see TCOM reach a price target of $50, previously predicting the price at $39. The rating they have provided for TCOM stocks is “Overweight” according to the report published on July 31st, 2023.
China Renaissance gave a rating of “Buy” to TCOM, setting the target price at $46 in the report published on June 09th of the previous year.
TCOM Trading at 12.23% from the 50-Day Moving Average
After a stumble in the market that brought TCOM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.37% of loss for the given period.
Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares surge +13.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.55% upper at present.
During the last 5 trading sessions, TCOM rose by +0.78%, which changed the moving average for the period of 200-days by +40.89% in comparison to the 20-day moving average, which settled at $46.79. In addition, Trip.com Group Ltd ADR saw 36.63% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TCOM
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.81 for the gross margin
The net margin for Trip.com Group Ltd ADR stands at 0.27. The total capital return value is set at 0.06. Equity return is now at value 8.38, with 4.79 for asset returns.
Based on Trip.com Group Ltd ADR (TCOM), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is 4.45.
Currently, EBITDA for the company is 4.15 billion with net debt to EBITDA at 0.95. When we switch over and look at the enterprise to sales, we see a ratio of 6.33. The receivables turnover for the company is 3.05for trailing twelve months and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.
Conclusion
In conclusion, Trip.com Group Ltd ADR (TCOM) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
