Key Takeaways:
- Trip.com is gearing up for its Q1 earnings release, with mixed analyst expectations.
- The company often surpasses EPS and revenue predictions, yet recent forecasts indicate caution.
- Prevailing market sentiment rates the stock as "Outperform" with a significant potential upside.
Upcoming Earnings Report
Trip.com (TCOM, Financial) is poised to announce its first-quarter earnings on May 19th. Analysts have set their sights on an earnings per share (EPS) of $0.77, representing a 7.2% dip from last year's figures. However, revenue is anticipated to surge by 20% to reach $1.92 billion. Historically, Trip.com has a track record of outperforming EPS and revenue projections, despite the recent trend of two downward revisions in estimates.
Wall Street Analysts Forecast
According to projections from 29 financial analysts, the average 12-month price target for Trip.com Group Ltd (TCOM, Financial) stands at $74.17, with projections ranging from a high of $94.98 to a low of $56.99. This average target indicates a potential 14.17% upside from the current trading price of $64.97. For more comprehensive estimate details, visit the Trip.com Group Ltd (TCOM) Forecast page.
Market Sentiment and Value Assessment
The consensus recommendation from 29 brokerage firms places Trip.com Group Ltd's (TCOM, Financial) average brokerage rating at 1.9, signifying an "Outperform" status. This rating operates on a scale where 1 indicates a Strong Buy, and 5 reflects a Sell.
Leveraging GuruFocus metrics, the projected GF Value for Trip.com Group Ltd (TCOM, Financial) in a year is estimated at $69.93. This suggests a potential 7.63% upside from its current price of $64.97. The GF Value metric is a reflection of what the stock's fair trading value should be, calculated based on historical trading multiples, past business growth, and forecasted business performance. Further detailed insights can be accessed on the Trip.com Group Ltd (TCOM) Summary page.
