Recent significant positive changes in fundamentals have benefitted Trip com Group Ltd (NASDAQ: TCOM): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Extremely significant positive changes in Trip com Group Ltd (NASDAQ: TCOM) investment behavior have recently occurred: the stock rose on very heavy volume, and its shorter term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
TCOM is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Trip com Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Trip com Group has a neutral Appreciation Score of 49 but a very high Power Rating of 87, with the Positive Value Trend Rating the result.
Recent Price Action
Trip com Group Ltd (NASDAQ: TCOM) stock closed at $53.06 on 9/24/24 after a very large increase of 8.1%. Moreover, trading volume in this advance was exceptionally high at 220% of normal. The stock has risen 13.4% during the last week and has been strong relative to the market over the last nine months.
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