Trip com Group Ltd (NASDAQ: TCOM) has recently enjoyed meaningful positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Recent meaningful positive changes in investment behavior have benefitted Trip com Group Ltd (NASDAQ: TCOM): positive upside/downside volume developed.
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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Trip com Group has a slightly negative Appreciation Score of 38 but a very high Power Rating of 91, resulting in the Positive Value Trend Rating.
Recent Price Action
Trip com Group Ltd (NASDAQ: TCOM) stock increased 1.5% on 10/9/24. The shares closed at $62.39. Moreover, unusually high trading volume at 168% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months but is unchanged during the last week.
Be the first to comment