Trip.com (TCOM) stock dropped 0.18% despite market gains, analysts project promising earnings

From Nasdaq MarketSite: 2024-07-26 18:15:19

Trip.com (TCOM) closed at $43.35, down -0.18% from the previous day, while the S&P 500 rose by 1.11%. The stock has dropped by 8.57% in the past month. Analysts project an EPS of $0.74 and revenue of $1.78 billion for the upcoming earnings release. Zacks Rank rates it a hold with a Forward P/E of 13.66.

Investors should pay attention to recent analyst estimate changes for Trip.com as they indicate the company’s potential for profitability. The Zacks Rank system, which rates stocks from #1 (Strong Buy) to #5 (Strong Sell), has seen a 4.15% decrease in EPS estimate. Trip.com currently holds a Zacks Rank of #3 (Hold) with promising potential.

Trip.com is part of the Leisure and Recreation Services industry in the Consumer Discretionary sector, ranked 199 out of 250+ industries. Zacks Industry Rank reveals that top-rated industries outperform the bottom half by a ratio of 2 to 1. Utilize Zacks.com to monitor these stock-moving metrics and stay informed in the market.

Analysts might be underestimating potential gains in certain stocks. To uncover these opportunities, visit Zacks.com for insights and recommendations on the latest stocks to watch. Stay ahead of market trends and maximize your investment strategies with valuable information for upcoming trading sessions.



Read more at Nasdaq MarketSite: Trip.com (TCOM) Stock Drops Despite Market Gains: Important Facts to Note