Trip.com shares rise but lag broader market, Zacks rates stock a Strong Sell

Analyst
โดย Zacks Investment Research·Read original
Summary · why it matters

Trip.com closed at $46.48, up 1.04% on the day, trailing the S&P 500's 1.66% gain. The travel services company has risen 11.98% over the past month, outperforming the Consumer Discretionary sector's 1.92% advance and the S&P 500's 1.49% decline. Analysts expect Trip.com to report earnings per share of $0.98, a 2.97% year-over-year drop, on revenue of $2.31 billion, up 11.49%. For the full fiscal year, the Zacks Consensus Estimate calls for earnings of $3.77 per share, a 42.18% decline, and revenue of $9.94 billion, a 13.47% increase. The stock carries a Zacks Rank of #5 (Strong Sell) and trades at a forward price-to-earnings ratio of 12.21, a discount to the Leisure and Recreation Services industry average of 17.72.

Impact on stocks 1

Consumer Discretionary · 1 stocks
Trip.com Group Ltd
9961
▼ NegativeCapitalrelevance

Zacks Rank #5 (Strong Sell) and expected earnings decline of 42.18% for the full year.