Trip com Group Ltd (NASDAQ: TCOM) has recently enjoyed extremely important positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
TCOM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Trip com Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Trip com Group has a neutral Appreciation Score of 41 and a slightly positive Power Rating of 63, leading to the Neutral Value Trend Rating.
Recent Price Action
Trip com Group Ltd (NASDAQ: TCOM) stock rose modestly by 0.3% on 3/8/24. The stock closed at $43.41. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months but has declined -2.4% during the last week.
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