How to Buy Tripcom Group Stock
Tripcom Group Ltd
Trip. com Group Limited 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.
Tripcom Group stock last closed at $50.42, down 0.36% from the previous day, and has increased 43.61% in one year. It has overperformed other stocks in the Travel Services industry by 0.08 percentage points. Tripcom Group stock is currently +64.23% from its 52-week low of $30.70, and -1.63% from its 52-week high of $51.26.
At the moment, there are 652.03M shares of TCOM outstanding. The market capitalization of TCOM is $32.88B. In the last 24 hours, 2.46M TCOM shares were traded.
How to Buy Tripcom Group Stock
Wondering how to invest in Tripcom Group stock? Here's how.
- Figure out where to buy Tripcom Group stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Tripcom Group stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your payment method and add your information.
- Research Tripcom Group stock: The Tripcom Group ticker symbol is TCOM. Is Tripcom Group stock a good investment? Should you buy shares of TCOM? How do TCOM's underlying business fundamentals look? Do top analysts think Tripcom Group is a good buy? Why has TCOM's stock price moved recently? (Hint: Our stock research website can help you figure out if TCOM is a good stock to buy).
- Place your TCOM buy order: Decide if you will purchase TCOM shares at the current market price or use a limit order to purchase TCOM shares at a given price.
- Get updates on your TCOM position: Create a watchlist to get the latest news on your investment in Tripcom Group shares.
Step 1: Figure out where to buy Tripcom Group stock
You will need a brokerage account to access the NASDAQ market and buy TCOM shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can buy TCOM today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you've filled out your info on apps for stock market, you can securely and quickly fund your account:
Watch the tutorial below if you need help transferring funds into your brokerage account.
Step 4: Research Tripcom Group stock
Once you have decided on the best place to buy Tripcom Group stock, it's very important to evaluate their stock before you buy, so you actually understand the risk as well as the opportunity.
Tripcom Group quick stats
TCOM Overview
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on TCOM's stock page.
What is the fair value of TCOM stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TCOM's fair value.
Using relative valuations measures:
- TCOM may be undervalued based on its P/E ratio of 23.83x, relative to Travel Services industry P/E ratio of 32.07x
- TCOM may be undervalued based on its P/B ratio of 1.93x, relative to Travel Services industry P/B ratio of 9.5x
You can access more valuation analysis on TCOM's stock here.
TCOM Financial Overview
Positive Financial Indicators:
- Total TCOM debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the TCOM balance sheet.
- TCOM profit margin has gone up from 7% to 22.3% in the past year.
- There are more short-term assets than long-term liabilities on the TCOM balance sheet.
Negative Financial Indicators:
- TCOM has a relatively high debt to equity ratio of 0.79.
Do Wall Street analysts think it's a good time to buy TCOM stock
Out of 7 sell side analysts who give ratings on TCOM, the consensus analyst rating on Tripcom Group is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Most Recent TCOM Analyst Forecasts
Wei Xiong, a bottom 27% analyst from UBS maintains TCOM with a strong buy rating and raises their TCOM price target from $48.00 to $52.00, on Feb 22, 2024.
James Lee, a top 2% analyst from Mizuho maintains TCOM with a strong buy rating and raises their TCOM price target from $55.00 to $60.00, on Feb 22, 2024.
Mizuho's James Lee raised their price target on Tripcom Group (NASDAQ: TCOM) by 9.1% from $55 to $60 on 2024/02/22. The analyst maintained their Strong Buy rating on the stock.
An upturn in travel demand and efficiency advantages achieved through cross-selling propelled the company's profitability past expectations, Lee said following an assessment of Tripcom Group's Q4 and FY 2023 earnings report, released on 2024/02/21.
The analyst predicted that the company's evolving revenue mix will sustain margin expansion as a result of the easing of the "two key outbound supply limitations, capacity and visas."
Earnings Report
Tripcom Group reported:
For Q4 2023:
- EPS of $0.56, which beat the Zacks Consensus Estimate of $0.34 and, by 409.1%, Q4 2022’s $0.11.
- Revenue of $1.45B, which beat the Zacks Consensus Estimate of $1.42B and, by 98.9%, Q4 2022’s $729M.
For FY 2023:
- EPS of $2.74, up 844.8% Y/Y.
- Revenue of $6.27B, up 122% Y/Y.
Management did not provide financial guidance in its press release or earnings call.
Executive chairman James Liang commented: "In 2023, China embarked on a significant journey of reconnecting with the world driven by the rising travel sentiment.
“Our global business also experienced substantial growth fueled by our expanded market presence.
"With a continued focus on globalization and AI innovations, we are confident to build upon the success of 2023 and further explore the opportunities that lie ahead."
CEO Jane Sun commented: "We are pleased with the strong results achieved across our business segments in the past year.
"The global travel industry has shown remarkable resilience and is poised to sustain its growth trajectory.
“To capitalize on this trend and unlock new opportunities, we remain committed to investing in technology and product innovation, enhancing customer services, and promoting sustainable development of the travel industry."
You can dig deeper into what analysts are forecasting on the Tripcom Group stock forecast page.
TCOM Technical Indicators
How are TCOM Revenues/Earnings doing?
Last year, TCOM earnings were $1.38B. In the last 5 year, TCOM's earnings have gone up by 48.76% per year. This was slower than the Travel Services industry average of 49.16%.
Last year, TCOM revenue was $6.20B. In the last 5 year, TCOM's revenue has increased by 6.98% per year. This was slower than the Travel Services industry average of 11.38%.
Find out more about TCOM's earnings and revenue performance here.
Latest Insiders Trades at TCOM
Over the past 12 months, insiders at TCOM have not bought or sold any shares.
Dig into more about who owns TCOM shares here.
Can I rely on TCOM as an income stream?
No, Tripcom Group doesn't provide an income stream by paying out dividends.
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Step 5: Place your TCOM buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you want additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your TCOM position
Now that you own some TCOM shares, you'll want to keep up with your new investment.
Create a watchlist to keep tabs on your TCOM stock.
TCOM Feed
How to Buy Stock in Tripcom Group
To summarize, here are the 6 steps you need to take to buy Tripcom Group stock right now:
- Figure out where to buy Tripcom Group stock
- Sign up for a brokerage account
- Fund your brokerage account
- Research Tripcom Group stock
- Place your TCOM buy order
- Get updates on your TCOM position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Tripcom Group, create a watchlist on WallStreetZen today.
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