One of the losers of today's trading session was Trip.com. Shares of the Business services company plunged -4.0%, and some investors may be wondering if its price of $72.09 would make a good entry point. Here's what you should know if you are considering this investment:
-
Trip.com has moved 121.5% over the last year, and the S&P 500 logged a change of 30.3%
-
TCOM has an average analyst rating of buy and is -4.49% away from its mean target price of $75.48 per share
-
Its trailing earnings per share (EPS) is $2.85
-
Trip.com has a trailing 12 month Price to Earnings (P/E) ratio of 25.3 while the S&P 500 average is 29.3
-
Its forward earnings per share (EPS) is $3.64 and its forward P/E ratio is 19.8
-
The company has a Price to Book (P/B) ratio of 0.38 in contrast to the S&P 500's average ratio of 4.74
-
Trip.com is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.6 and an average P/B of 3.19
-
TCOM has reported YOY quarterly earnings growth of 492.6% and gross profit margins of 0.8%
-
Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. The company acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services. It also provides independent leisure travelers bundled packaged-tour products comprising group, semi-group, and customized and packaged tours with various transportation arrangements, including air, cruise, bus, and car rental services. In addition, the company offers integrated transportation and accommodation services; destination transportation and ticket, activity, insurance, visa, and tour guide services; user support, supplier management, and customer relationship management services; and in-destination products and services. Further, It provides its corporate clients with business visit, incentive trip, meeting and conference, travel data collection and analysis, and industry benchmarking solutions; and Corporate Travel Management System, an online platform that integrates information management, online booking and authorization, online inquiry, and travel reporting systems. Additionally, the company offers online advertising and financial services, such as marketing planning and travel media services. It operates under the Ctrip, Qunar, Trip.com, and Skyscanner brands. The company was formerly known as Ctrip.com International, Ltd. and changed its name to Trip.com Group Limited in October 2019. Trip.com Group Limited was founded in 1999 and is based in Singapore.