Latest news with #SitiSalikin
Yahoo
3 days ago
- Business
- Yahoo
CFRA Hikes Price Target on Trip.com (TCOM), Maintains Hold Rating
On Tuesday, CFRA analyst Siti Salikin raised the price target on Group Limited (NASDAQ:TCOM) to $65 from $60 while citing the stock's five-year P/E average of 41. Additionally, the analyst reiterated a Hold rating on the stock on concerns that the company's revenue growth will slow down to 14.8% in 2025. The growth rate is also expected to slow in 2026 to 13.5%. Nevertheless, the analyst remains optimistic about the company's long-term prospects owing to the anticipated resurgence of domestic travel and international tourism. The analyst also expects to benefit from visa-free policies between China and other countries. A recovery of cross-border flight capacities is also likely to strengthen the company's revenue base. is increasingly expanding into lower-tier cities in China. It's also broadening its range of product offerings as it seeks to unlock new growth opportunities. The only downside to the expansion drive is the expected spike in sales and marketing expenses. Increased operational costs are expected to trigger a dip in net margin in 2025. The company delivered solid first-quarter 2025 results. Revenue was up 16.2% year-over-year to 13.8 billion yuan as operating profit totaled 3.56 billion yuan, aligning with analysts' estimates. reported 3.56 billion yuan in operating profit, though its 80.4% gross margin dipped due to increased revenue from its own services. The company maintains a mid-teens growth forecast for Q2 and FY2025, fueled by rising international travel demand. Group Limited is a global travel platform that offers a wide range of travel products and services, including accommodation, flights, and other travel-related services. As a top choice in Asia and expanding worldwide, it helps travelers explore destinations, book cost-effective trips, access real-time support, and share experiences operates Ctrip, Qunar, and Skyscanner, driven by its mission: "To pursue the perfect trip for a better world." While we acknowledge the potential of Group Limited (NASDAQ:TCOM) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TCOM and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
4 days ago
- Business
- Business Insider
CFRA Sticks to Its Hold Rating for Trip.com Group Sponsored ADR (TCOM)
CFRA analyst Siti Salikin maintained a Hold rating on Group Sponsored ADR (TCOM – Research Report) today and set a price target of $65.00. The company's shares closed today at $61.75. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Salikin is a 3-star analyst with an average return of 21.3% and a 57.14% success rate. Currently, the analyst consensus on Group Sponsored ADR is a Strong Buy with an average price target of $77.00. The company has a one-year high of $77.18 and a one-year low of $38.23. Currently, Group Sponsored ADR has an average volume of 4.19M.
