Q: What is Trip.com Group Limited 2024/Q1 Earnings Preview?
TigerGPT Answer: 【Forecast Data】
The financial forecast data for Trip.com Group Limited (TCOM) for Q1 2024 is as follows:
- Earnings Per Share (EPS): 4.09 CNY
- Total Revenue: 11,642,230,740.00 CNY
- EBIT: 3,075,643,600.00 CNY
Compared to the same period last year:
- EPS has increased by 33.22% (from 3.07 CNY to 4.09 CNY).
- Total Revenue has increased by 26.68% (from 9,198,000,000.00 CNY to 11,642,230,740.00 CNY).
- EBIT has increased by 17.48% (from 2,619,000,000.00 CNY to 3,075,643,600.00 CNY).
The significant increase in EPS suggests improved profitability, while the growth in revenue indicates an expansion in the company's business operations. The rise in EBIT reflects better operational efficiency.
【Quarterly Important News】
Key news related to Trip.com Group Limited over the past quarter includes:
- Large transactions were reported with shares being traded at significant amounts, indicating active market interest or potential strategic moves by investors.
- Trip.com's promotional video "Hello! The Beauty of China" was selected in the "Top 50 Brand Marketing Cases" of the "2024 Top 100 Annual Brand List" in China, which could enhance the company's brand image and marketing effectiveness.
These developments could have a positive impact on the company's financial report by potentially increasing brand value and investor confidence.
【Forecast Viewpoints】
Current viewpoints on the company's financial report are not provided in the data. However, the positive forecast data suggests that analysts may have an optimistic outlook on the company's performance.
【Stock Trend Analysis】
Over the past quarter, Trip.com Group Limited's stock price has increased by 21.88%. The support level is at 55.87 USD, and the resistance level is at 45.07 USD. The latest stock price is 55.51 USD. The stock has shown a strong upward trend, and if it maintains above the support level, the bullish trend may continue. However, if the price falls below the support level, it could indicate a potential trend reversal.
【Options Large Order Analysis】
The options large order data is not provided, so an analysis cannot be conducted in this context.
【Analyst Ratings and Target Price Forecast】
Analysts have given the stock a range of ratings, with 9 recommendations and 19 buys, and 1 hold. The mean target price is 57.31429 USD, with a low estimate of 47.0 USD and a high estimate of 72.0 USD. This suggests that analysts believe the stock is fairly valued or potentially undervalued, and there is room for growth based on the target price forecast.
【Comprehensive Conclusion】
Trip.com Group Limited is showing positive financial growth with increased EPS, revenue, and EBIT. The stock has been performing well with a significant increase in the past quarter. Analyst ratings are generally positive, and the target price indicates potential upside. The company's recent brand recognition could further bolster its market position.
Disclaimer: The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.
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