TCOM Stock Summary and Trading Ideas (Trip.com Group Limited - American Depositary Shares | NASDAQ:TCOM)

Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Prior to the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from websites and mobile platforms, while the rest come from call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.

Trip.com Group Limited - American Depositary Shares trades on the NASDAQ stock market under the symbol TCOM.

As of April 24, 2024, TCOM stock price climbed to $50.60 with 2,578,899 million shares trading.

TCOM has a beta of 0.40, meaning it tends to be less sensitive to market movements. TCOM has a correlation of 0.02 to the broad based SPY ETF.

TCOM has a market cap of $30.41 billion. This is considered a Large Cap stock.

Last quarter Trip.com Group Limited - American Depositary Shares reported $1 billion in Revenue and $.56 earnings per share. This beat revenue expectation by $36 million and exceeded earnings estimates by $.23.

In the last 3 years, TCOM stock traded as high as $51.26 and as low as $14.29.

The top ETF exchange traded funds that TCOM belongs to (by Net Assets): CGGO, JETS, PGJ, AVEM, QQQJ.

TCOM has outperformed the market in the last year with a price return of +38.4% while the SPY ETF gained +24.2%. TCOM has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +40.4% and +3.3%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

TCOM support price is $49.40 and resistance is $51.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TCOM stock will trade within this expected range on the day.