Trip.com (TCOM) stock gained despite market dip, TCOM outperforming S&P 500

From Nasdaq: 2024-12-31 18:15:22

Trip.com (TCOM) closed at $68.66, up 0.07%, outperforming S&P 500, which fell 0.43%. Over the last month, TCOM shares increased by 5.15%, surpassing the Consumer Discretionary sector and S&P 500 losses.

Upcoming Trip.com earnings project $0.51 EPS and $1.7 billion revenue, a drop from the previous year. Zacks Consensus Estimates forecast $3.71 EPS and $7.31 billion revenue for the full year.

Investors should monitor Trip.com analyst estimate revisions as they impact share price momentum. The Zacks Rank system, with a #1 (Strong Buy) rating for TCOM, has a history of outperforming.

TCOM is currently trading at a Forward P/E ratio of 18.49, below the industry average of 21.27. The PEG ratio of 0.92 indicates expected earnings growth. The Leisure and Recreation Services industry ranks 28 out of 250+ industries.

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Read more at Nasdaq: Why the Market Dipped But Trip.com (TCOM) Gained Today