Trip.com Group (TCOM) Set to Announce Quarterly Earnings on Monday

Trip.com Group (NASDAQ:TCOM - Get Free Report) is set to issue its quarterly earnings data after the market closes on Monday, November 18th. Analysts expect the company to announce earnings of $0.81 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Trip.com Group (NASDAQ:TCOM - Get Free Report) last posted its earnings results on Monday, August 26th. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.65 by $0.22. Trip.com Group had a net margin of 28.78% and a return on equity of 11.52%. The firm had revenue of $1.76 billion during the quarter, compared to analysts' expectations of $1.80 billion. On average, analysts expect Trip.com Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Trip.com Group Trading Up 1.8 %

Shares of NASDAQ TCOM traded up $1.20 during midday trading on Monday, hitting $66.68. 2,170,717 shares of the company traded hands, compared to its average volume of 4,052,201. Trip.com Group has a 12-month low of $31.55 and a 12-month high of $69.67. The firm has a market cap of $42.95 billion, a P/E ratio of 23.31 and a beta of 0.39. The stock has a 50-day moving average price of $57.83 and a 200 day moving average price of $51.69. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.32 and a current ratio of 1.32.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TCOM shares. Benchmark reiterated a "buy" rating and set a $72.00 target price on shares of Trip.com Group in a report on Tuesday, August 27th. Macquarie raised Trip.com Group to a "strong-buy" rating in a research note on Monday, October 7th. StockNews.com lowered Trip.com Group from a "buy" rating to a "hold" rating in a research report on Tuesday, August 13th. Sanford C. Bernstein initiated coverage on shares of Trip.com Group in a research report on Monday, November 4th. They issued an "outperform" rating and a $85.00 target price on the stock. Finally, 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. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $66.89.

About Trip.com Group

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.