TCOM stock icon

Trip.com Group
TCOM

$47.58
0.44%

Market Cap: 31B

 

About: 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. Before 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 its online platform, but the company also maintains offline 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.

Employees: 36,249

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 14 analysts
0
News positive %
of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

43% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 44

37% more funds holding in top 10

Funds holding in top 10: 19 [Q4 2023] → 26 (+7) [Q1 2024]

28% more capital invested

Capital invested by funds: $8.06B [Q4 2023] → $10.3B (+$2.25B) [Q1 2024]

17% more call options, than puts

Call options by funds: $145M | Put options by funds: $124M

6% more funds holding

Funds holding: 317 [Q4 2023] → 336 (+19) [Q1 2024]

1.37% more ownership

Funds ownership: 33.73% [Q4 2023] → 35.1% (+1.37%) [Q1 2024]

2% less repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 121

Research analyst outlook

14 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$52
9%
upside
Avg. target
$62
30%
upside
High target
$76
60%
upside

14 analyst ratings

14 positive
100%
neutral
0%
negative
0%
Benchmark
Fawne Jiang
51%upside
$72
Buy
Reiterated
12 Jun 2024
Barclays
Jiong Shao
60%upside
$76
Overweight
Maintained
22 May 2024
TD Cowen
Kevin Kopelman
32%upside
$63
Buy
Maintained
21 May 2024
Mizuho
James Lee
37%upside
$65
Buy
Maintained
21 May 2024
Benchmark
Fawne Jiang
51%upside
$72
Buy
Maintained
21 May 2024

Financial journalist opinion

Based on 6 articles about TCOM published over the past 30 days