Trip.com Group (NASDAQ:TCOM) Announces Earnings Results, Misses Estimates By $0.01 EPS

Trip.com Group (NASDAQ:TCOM) announced its earnings results on Monday. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.01), Zacks reports. Trip.com Group had a return on equity of 12.04% and a net margin of 31.86%.

Trip.com Group Trading Down 3.5 %

NASDAQ TCOM opened at $64.66 on Tuesday. The company has a market cap of $41.65 billion, a PE ratio of 19.36, a PEG ratio of 0.67 and a beta of 0.37. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.14. Trip.com Group has a 12 month low of $38.23 and a 12 month high of $77.18. The stock has a 50 day moving average of $68.62 and a 200-day moving average of $61.55.

Analyst Upgrades and Downgrades

TCOM has been the topic of a number of recent research reports. Macquarie lifted their price target on shares of Trip.com Group from $75.40 to $80.80 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Barclays lifted their price target on shares of Trip.com Group from $76.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Hsbc Global Res upgraded shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 19th. Citigroup boosted their target price on shares of Trip.com Group from $73.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Finally, Sanford C. Bernstein began coverage on shares of Trip.com Group in a research note on Monday, November 4th. They issued an “outperform” rating and a $85.00 target price on the stock. Ten research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Trip.com Group presently has a consensus rating of “Buy” and a consensus price target of $77.31.

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.