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Analysts anticipate Journey.com Group Restricted (NASDAQ:TCOM – Get Score) to report $602.22 million in gross sales for the present quarter, Zacks Funding Analysis stories. Three analysts have offered estimates for Journey.com Group’s earnings, with the best gross sales estimate coming in at $614.27 million and the bottom estimate coming in at $593.75 million. Journey.com Group posted gross sales of $628.00 million in the identical quarter final 12 months, which might point out a detrimental year-over-year development fee of 4.1%. The corporate is predicted to report its subsequent quarterly earnings outcomes on Monday, January 1st.
On common, analysts anticipate that Journey.com Group will report full 12 months gross sales of $3.39 billion for the present 12 months, with estimates starting from $2.83 billion to $4.17 billion. For the following monetary 12 months, analysts anticipate that the corporate will report gross sales of $5.20 billion, with estimates starting from $4.00 billion to $6.16 billion. Zacks’ gross sales averages are a imply common primarily based on a survey of sell-side analysts that comply with Journey.com Group.
Journey.com Group (NASDAQ:TCOM – Get Score) final introduced its quarterly earnings outcomes on Wednesday, March twenty third. The corporate reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.29. Journey.com Group had a constructive return on fairness of 0.19% and a detrimental internet margin of two.87%. The agency had income of $735.00 million through the quarter, in comparison with the consensus estimate of $679.36 million. Throughout the identical interval within the prior 12 months, the agency earned $0.14 EPS.
Various analysis companies have weighed in on TCOM. Zacks Funding Analysis raised shares of Journey.com Group from a “promote” ranking to a “maintain” ranking in a analysis report on Wednesday, March 2nd. CLSA decreased their value goal on shares of Journey.com Group from $39.00 to $35.00 in a analysis report on Friday, March twenty fifth. Barclays started protection on shares of Journey.com Group in a analysis report on Tuesday, February eighth. They issued an “chubby” ranking and a $33.00 value goal for the corporate. Citigroup upped their value goal on shares of Journey.com Group from $30.00 to $35.00 and gave the corporate a “purchase” ranking in a analysis report on Tuesday, February fifteenth. Lastly, JPMorgan Chase & Co. minimize shares of Journey.com Group from an “chubby” ranking to a “impartial” ranking and set a $20.00 value goal for the corporate. in a analysis report on Monday, March 14th. 4 funding analysts have rated the inventory with a maintain ranking and ten have assigned a purchase ranking to the corporate. Based mostly on information from MarketBeat, the corporate at the moment has a mean ranking of “Purchase” and a mean goal value of $35.00.
Hedge funds have not too long ago modified their holdings of the corporate. Morgan Stanley raised its stake in Journey.com Group by 2.9% through the second quarter. Morgan Stanley now owns 45,175,053 shares of the corporate’s inventory value $1,601,909,000 after buying a further 1,252,885 shares through the interval. BlackRock Inc. raised its stake in Journey.com Group by 18.1% through the first quarter. BlackRock Inc. now owns 25,456,730 shares of the corporate’s inventory value $588,559,000 after buying a further 3,893,531 shares through the interval. Vanguard Group Inc. raised its stake in Journey.com Group by 1.8% through the first quarter. Vanguard Group Inc. now owns 19,890,105 shares of the corporate’s inventory value $459,860,000 after buying a further 345,864 shares through the interval. FIL Ltd raised its stake in Journey.com Group by 32.5% through the third quarter. FIL Ltd now owns 17,958,256 shares of the corporate’s inventory value $552,216,000 after buying a further 4,407,274 shares through the interval. Lastly, Credit score Suisse AG raised its stake in Journey.com Group by 1.8% through the fourth quarter. Credit score Suisse AG now owns 13,159,975 shares of the corporate’s inventory value $323,999,000 after buying a further 233,853 shares through the interval. 66.54% of the inventory is at the moment owned by institutional traders and hedge funds.
Shares of NASDAQ TCOM opened at $20.88 on Friday. Journey.com Group has a 12-month low of $14.29 and a 12-month excessive of $42.04. The corporate has a market cap of $12.52 billion, a P/E ratio of -173.99 and a beta of 0.92. The corporate has a present ratio of 1.00, a fast ratio of 1.00 and a debt-to-equity ratio of 0.10. The inventory has a fifty day transferring common value of $22.31 and a 200 day transferring common value of $25.21.
About Journey.com Group (Get Score)
Journey.com Group Restricted operates as a journey service supplier for lodging reservation, transportation ticketing, packaged excursions and in-destination, company journey administration, and different travel-related providers in China and internationally. It acts as an agent for hotel-related transactions and promoting air tickets, in addition to supplies prepare, long-distance bus, and ferry tickets; journey insurance coverage merchandise, together with flight delay insurance coverage, air accident insurance coverage, and baggage loss protection; and air-ticket supply, on-line check-in and seat choice, categorical safety screening, real-time flight standing tracker, and airport VIP lounge providers.
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