Trip.com Group Limited (NASDAQ:TCOM) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of Trip.com Group Limited (NASDAQ:TCOM - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the twelve analysts that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $64.63.

TCOM has been the subject of a number of research reports. Hsbc Global Res lowered shares of Trip.com Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 8th. Macquarie raised shares of Trip.com Group to a "strong-buy" rating in a research note on Monday, October 7th. HSBC lowered shares of Trip.com Group from a "buy" rating to a "hold" rating in a research note on Tuesday, October 8th. Benchmark reaffirmed a "buy" rating and issued a $72.00 price objective on shares of Trip.com Group in a research note on Tuesday, August 27th. Finally, TD Cowen reduced their price objective on shares of Trip.com Group from $63.00 to $56.00 and set a "buy" rating for the company in a research note on Tuesday, August 27th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TCOM. Fifth Third Bancorp raised its holdings in Trip.com Group by 1,188.0% in the 2nd quarter. Fifth Third Bancorp now owns 1,069 shares of the company's stock worth $50,000 after acquiring an additional 986 shares during the period. Hilltop National Bank increased its holdings in shares of Trip.com Group by 322.1% during the 2nd quarter. Hilltop National Bank now owns 1,148 shares of the company's stock worth $54,000 after purchasing an additional 876 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Trip.com Group by 72.3% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,165 shares of the company's stock worth $55,000 after purchasing an additional 489 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Trip.com Group during the 2nd quarter worth about $66,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new position in shares of Trip.com Group during the 2nd quarter worth about $74,000. Institutional investors own 35.41% of the company's stock.

Trip.com Group Trading Down 0.3 %

Trip.com Group stock traded down $0.21 during midday trading on Friday, reaching $61.85. The stock had a trading volume of 1,774,097 shares, compared to its average volume of 4,085,562. The firm's fifty day simple moving average is $53.41 and its two-hundred day simple moving average is $50.49. Trip.com Group has a twelve month low of $31.55 and a twelve month high of $69.67. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market cap of $39.84 billion, a price-to-earnings ratio of 27.86 and a beta of 0.41.

Trip.com Group (NASDAQ:TCOM - Get Free Report) last issued its earnings results on Monday, August 26th. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.22. The company had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.80 billion. Trip.com Group had a net margin of 28.78% and a return on equity of 11.52%. Equities analysts anticipate that Trip.com Group will post 2.93 EPS for the current fiscal year.

Trip.com Group Company Profile

Trip.com Group Limited, through its subsidiaries, 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.