Trip.com Group Ltd ADR (TCOM) Shares Soar Above 1-Year High

Trip.com Group Ltd ADR (NASDAQ: TCOM)’s stock price has gone rise by 0.35 in comparison to its previous close of 47.14, however, the company has experienced a 11.73% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-08-28 that Trip.com shows strong international expansion and market share growth, supported by strategic alliances and a robust supply chain, despite increased marketing spending. The company’s new products are well-received across demographics, with a significant portion of orders coming from mobile devices, indicating direct user engagement. Trip.com reported outbound hotel and flight ticket booking volumes returning to 2019 levels, outperforming industry averages by 20-30%.

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 16.48x compared to its average ratio. TCOM has 36-month beta value of 0.39. Analysts have mixed views on the stock, with 21 analysts rating it as a “buy,” 7 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for TCOM is 644.07M, and currently, short sellers hold a 1.60% ratio of that float. The average trading volume of TCOM on September 03, 2024 was 3.50M shares.

TCOM’s Market Performance

The stock of Trip.com Group Ltd ADR (TCOM) has seen a 11.73% increase in the past week, with a 20.31% rise in the past month, and a -8.57% fall in the past quarter. The volatility ratio for the week is 2.68%, and the volatility levels for the past 30 days are at 2.93% for TCOM. The simple moving average for the past 20 days is 10.23% for TCOM’s stock, with a 8.08% 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 4.79% 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 -18.44% of loss for the given period.

Volatility was left at 2.93%, however, over the last 30 days, the volatility rate increased by 2.68%, as shares surge +17.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.96% lower at present.

During the last 5 trading sessions, TCOM rose by +11.95%, which changed the moving average for the period of 200-days by +34.05% in comparison to the 20-day moving average, which settled at $43.27. In addition, Trip.com Group Ltd ADR saw 31.37% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TCOM starting from Fan Min, who proposed sale 250,000 shares at the price of $42.34 back on Aug 30 ’24. After this action, Fan Min now owns shares of Trip.com Group Ltd ADR, valued at $10,585,000 using the latest closing price.

Stock Fundamentals for TCOM

Current profitability levels for the company are sitting at:

  • 0.27 for the present operating margin
  • 0.81 for the gross margin

The net margin for Trip.com Group Ltd ADR stands at 0.29. The total capital return value is set at 0.08. Equity return is now at value 11.39, with 6.07 for asset returns.

Based on Trip.com Group Ltd ADR (TCOM), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is 6.36.

Currently, EBITDA for the company is 15.2 billion with net debt to EBITDA at 0.55. When we switch over and look at the enterprise to sales, we see a ratio of 4.63. The receivables turnover for the company is 3.78for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.

Conclusion

To put it simply, Trip.com Group Ltd ADR (TCOM) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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