Q: What is Trip.com Group Limited 2024/Q3 Earnings Preview?
TigerGPT Answer: ### Trip.com Group Limited (TCOM) Earnings Call Summary
#### Forecast Data
- **Earnings Per Share (EPS)**:
- Forecast: CNY 6.88
- Prior Year: CNY 7.26
- Percentage Change: -5.23%
- Significance: A slight decrease in EPS indicates a minor reduction in profitability per share compared to the same period last year.
- **Total Revenue**:
- Forecast: CNY 15,629,393,000
- Prior Year: CNY 13,740,000,000
- Percentage Change: +13.75%
- Significance: A significant increase in total revenue suggests strong sales growth and potentially higher market demand.
- **EBIT (Earnings Before Interest and Taxes)**:
- Forecast: CNY 5,194,483,460
- Prior Year: CNY 3,909,000,000
- Percentage Change: +32.89%
- Significance: A substantial increase in EBIT indicates improved operational efficiency and profitability.
#### Quarterly Important News
1. **11·11 Promotional Event**:
- Trip.com launched a four-day promotional event offering discounted flights and hotel bookings, exclusive World Mastercard offers, and additional Trip Coins rewards.
- Impact: This event likely boosted short-term sales and customer engagement, contributing positively to the quarterly financial performance.
2. **2025 Public Holiday Announcement**:
- The Chinese government announced an increase in public holidays starting in 2025, leading to a surge in flight searches on Trip.com.
- Impact: This news indicates potential future growth in travel demand, positively influencing long-term revenue projections.
3. **Analyst Rating**:
- Bank of America Securities analyst Joyce Ju reaffirmed a Buy rating on TCOM stock, citing strong revenue expectations and market leadership.
- Impact: Positive analyst sentiment can enhance investor confidence and potentially drive stock price appreciation.
#### Forecast Viewpoints
- **Trip.com Group Ltd expected to post earnings of CNY6.88 a share - Earnings Preview**: Trip.com Group Ltd expected to post earnings of CNY6.88 a share - Earnings Preview
- **Trip.com Group Ltd. Poised for Growth with Strong Revenue Expectations and Market Leadership, Analyst Reaffirms Buy Rating**: Trip.com Group Ltd. Poised for Growth with Strong Revenue Expectations and Market Leadership, Analyst Reaffirms Buy Rating
#### Stock Trend Analysis
- **Latest Stock Price**: USD 59.29 (as of 2024-11-16)
- **Support Price**: USD 61.31 (as of 2024-11-14)
- **Resistance Price**: USD 59.91 (as of 2024-11-14)
- **Quarterly Stock Price Fluctuation**: 30.47% (from 2024-06-30 to 2024-09-28)
- **Trend Analysis**: The stock price has experienced significant volatility over the past quarter. The current price is slightly below the resistance level, indicating potential upward movement if it breaks through this level. The support level provides a safety net for downward trends.
#### Options Large Order Analysis
- **Put Options**:
- TCOM 20250321 55.0 put: Volume 1500, Order Type: Sell
- TCOM 20250117 50.0 put: Volume 2460, Order Type: Sell
- **Analysis**: The selling of put options suggests a bullish sentiment among investors, indicating a higher probability of the financial report exceeding expectations.
#### Analyst Ratings and Target Price Forecast
- **Analyst Ratings**: 9 recommend, 20 buy, 2 hold
- **Target Price**: Mean: USD 68.21, Low: USD 48.00, High: USD 85.00
- **Valuation Status**: The current stock price of USD 59.29 is below the mean target price, suggesting that the stock is undervalued. This implies potential for price appreciation if the company meets or exceeds financial expectations.
### Comprehensive Conclusion
Trip.com Group Limited is expected to show strong revenue growth and improved operational efficiency in the upcoming financial report. Despite a slight decrease in EPS, the overall financial outlook remains positive, supported by significant revenue and EBIT growth. Positive market sentiment, as reflected in analyst ratings and options trading, further reinforces the potential for favorable financial performance. Investors should monitor the stock's movement around the resistance level for potential breakout opportunities.
### 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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
