Views of Wall Street’s Leading Experts on Group Limited Group Limited (NASDAQ: TCOM) stock jumped 3.79% on Friday to $26.26 against a previous-day closing price of $25.30. With 2.17 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.84 million shares. During the session, the Travel Services company that operates in wider Consumer Cyclical sector, reached to the highest price of $26.32 whereas the lowest price it dropped to was $25.18. The 52-week range on TCOM shows that it touched its highest point at $33.27 and its lowest point at $14.29 during that stretch. It currently has a 1-year price target of $33.36. Beta for the stock currently stands at 0.66.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TCOM was down-trending over the past week, with a drop of -1.09%, but this was up by 1.00% over a month. Three-month performance surged to 11.55% while six-month performance fell -2.96%. The stock gained 6.79% in the past year, while it has gained 6.66% so far this year. A look at the trailing 12-month EPS for TCOM yields -0.78 with Next year EPS estimates of 8.06. For the next quarter, that number is 0.18. This implies an EPS growth rate of 83.90% for this year and 303.81% for next year. EPS is expected to grow by 74.47% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.10%.

Float and Shares Shorts:

At present, 647.81 million TCOM shares are outstanding with a float of 637.46 million shares on hand for trading. On Jul 14, 2022, short shares totaled 12.3 million, which was 1.92% higher than short shares on Jun 14, 2022. In addition to Dr. Jianzhang Liang Ph.D. as the firm’s Co-Founder & Exec. Chairman, Ms. Jie Sun serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 57.13% of TCOM’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 31.74% of TCOM, in contrast to 30.58% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in TCOM with 5.13% of the stake, Morgan Stanley Investment Managem holds 32,896,102 shares worth 32,896,102. A second-largest stockholder of TCOM, T. Rowe Price Associates, Inc., holds 30,222,865 shares, controlling over 4.71% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in TCOM, holding 15,606,908 shares or 2.43% stake. With a 1.63% stake in TCOM, the T Rowe Price Science & Technology is the largest stakeholder. A total of 10,484,921 shares are owned by the mutual fund manager. The Morgan Stanley Invt. Fds. – Asia, which owns about 1.62% of TCOM stock, is the second-largest Mutual Fund holder. It holds 10,419,263 shares valued at 286.01 million. Morgan Stanley Invt. Fds. – Globa holds 1.22% of the stake in TCOM, owning 7,841,458 shares worth 215.25 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TCOM since 32 analysts follow the stock currently. There are 22 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 4 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TCOM analysts setting a high price target of $258.19 and a low target of $180.55, the average target price over the next 12 months is $214.78. Based on these targets, TCOM could surge 883.21% to reach the target high and rise by 587.55% to reach the target low. Reaching the average price target will result in a growth of 717.9% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. TCOM will report FY 2022 earnings on 03/22/2023. Analysts have provided yearly estimates in a range of $3.62 being high and -$1.26 being low. For TCOM, this leads to a yearly average estimate of $1.68. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Group Limited surprised analysts by $0.07 when it reported -$0.01 EPS against a consensus estimate of -$0.08. The surprise factor in the prior quarter was $0.17. Based on analyst estimates, the high estimate for the next quarter is $0.34 and the low estimate is -$0.02. The average estimate for the next quarter is thus $0.17.

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