Trip.com Stock Price – TCOM Price Chart, History and Prediction
Many investors believe that betting on the Trip.com stock price is a wise idea. Indeed, the Trip.com stock price seems presently particularly attractive. Therefore, in this analysis, we will study the current context of TCOM stock price to determine whether to buy it now. We will also look at the Trip.com share price history, its current trends and forecasts. Finally, we will introduce you to an easy way of trading the Trip.com stock.
Trip.com Stock Price Chart
Trip.com Stock Price History
Below, we will look at the Trip.com stock price history by studying the main phases of its evolution since the IPO and by looking at the technical operations such as stock splits that have taken place during the Trip.com stock price history.
Trip.com Stock Price Historical Trends
Introduced to the stock market in 2003, Trip.com stock had a very bullish start until it peaked at nearly $18 in May 2008. Following this first record, the financial crisis of 2008 affected the (formerly) Ctrip stock price, which fell to a low of nearly $4 in November 2008 after a 77% drop in 6 months.
But, the rebound that followed was even more powerful, allowing Trip.com stock price to reach a high of $26 in November 2010, after a 550% increase in 2 years. After that rise, a new correction floored Trip.com stock price again, bringing it down to the $6 mark in July 2012. But Trip.com stock then once again proved its ability to emerge stronger from each correction. Indeed, the uptrend that followed that low was the longest in the Trip.com stock price history, allowing it to score an all-time high of over $60 in July 2017.
A new phase of decline, culminating in the pandemic, then took the stock down to a low of $20 in March 2020. Since then, (formerly) Ctrp stock price has sent clear signals that this long-term correction is over and that a new, sustainable uptrend phase has begun. And if we believe the strength of the rebounds of the stock after each correction that has taken place in its history, it is not excluded that a bullish trend could push the Trip.com stock price to the $100 threshold.
Also, investors should be aware that there is a Trip.com HK stock price for the shares listed on the Hong Kong Stock Exchange.
Trip.com Stock Price Splits
Stock splits are transactions designed to divide the unit value without impacting the company's market capitalization. For example, with a stock worth $1,000, a 2-for-1 stock split will replace the old stock with two new shares worth $100 each.
Generally, companies do this to not scare off investors with a too high unit value of their shares. In the case of Trip.com, no stock split has been performed in its history. The fact that there is no stock split in the Trip.com stock price history can be explained by its young age.
Trip.com Stock Price Prediction
In this section, we will look at the future of Trip.com stock price by studying the forecasts of professional banking analysts.
- First of all, investors should note that most analysts recommend investing in Trip.com share value. In fact, out of the 8 professional analysts who regularly share their Trip.com stock price forecast, 7 recommend buying. One of them displays a neutral opinion. So, none advise investors to sell.
- More interestingly, we note that these analysts' average TCOM stock price target is $39.
- Investors should also note that the analysts' range for Trip.com stock price forecast start at $32 until $51.
How Can I Buy TCOM Stock Today?
It is sometimes difficult to choose an online broker as there are so many. With all is free tools, high regulation and more benefits, ZFX is one of best one to buy Trip.com stock.
ZFX provides its clients with the MT4 trading platform. This is the most widely used globally, thanks to its many advantages in terms of technical analysis and automated trading. You’ll also get access to a free demo account, market insights, tools and other resources to help you practice your strategy. Finally, it is worth noting that ZFX offers its clients to trade stocks, indices, forex and commodities.
How to Buy Trip.com Stock Easily?
Buying Trip.com stock from ZFX broker is a quick and easy process. In fact, you will be able to open an online account in just a few minutes by following these steps.
1 - Register with ZFX
You will need to go to the ZFX website homepage and click on "Open an account" for this first step. A registration form will appear. You will need to enter several personal details, as shown in the image below.
It will also be necessary to verify your phone number via SMS. You will then have to choose your account type, and accept the general and privacy policies.
After completing and validating the form, you will be able to download the MT4 platform immediately.
2 - Make your first deposit
You will also need to make your first deposit. To deposit money into your ZFX account, you will need to click the "make a deposit" button on the screen displayed immediately after registration. Then, choose a payment method. Let's take Mastercard as an example:
You will need to enter the amount to deposit. Then click the "Confirm Deposit" button on this screen. Then, enter your credit card information before the final validation of the payment.
3 - Account verification
The final step before you can purchase the Trip.com stock is to verify your account. To do this, you will need to submit supporting documents online, as shown below:
4 – Invest in Trip.com stock at current price
Once your documents are validated, you will then be ready to buy Trip.com stock.
To Buy or Not to Buy Trip.com?
Below are the main factors that lead us to anticipate a bullish future for Trip.com stock price.
Trip.com stock price looks ideal for buying
While many stocks are currently chasing record highs, exposing them to sharp corrections at the slightest hint of bad news, Trip.com group ltd stock price is still far from its record highs. It is even below its level before the start of the covid-19 pandemic. On the other hand, there are signs that a basic upward trend is underway.
As a result, TCOM stock price today may be considered cheap. Therefore, now seems like a good time to bet on the Trip.com stock price.
Trip.com stock is an ideal bet on the reopening of the economy
While all stocks fell in the face of the covid-19 pandemic in 2020, the return to normal economic and social life in many areas has led many stocks to score new all-time highs. However, the return to normalcy is still far from complete regarding travel and vacations, Trip.com's business area.
Therefore, betting on Trip.com stock price is one of the last reopening bets available in the stock market. As previously noted, TCOM price is indeed still below its pre-pandemic levels.
A long string of better-than-expected quarterly results
Another element in favour of Trip.com stock price increase is its recent financial results. Indeed, over the last 5 quarters, Trip.com's financial results have been well above analysts' expectations. This has been the case for both revenues and earnings per share. And there is every reason to believe that the company's financial results will continue to deliver pleasant surprises that will drive Trip.com stock price higher.
Things to Know About Trip.com Stock Price Before Investing
In the section below, we'll provide you with several tips designed to get you started investing in the Trip.com stock price in the best possible condition.
- Monitor the evolution of travel restrictions and conditions related to the covid-19 pandemic: The rise or fall of Trip.com stock price over the next few months will depend very much on the return of travel and vacation reservations. Therefore, it is essential to monitor travel restrictions related to covid-19 and vaccination worldwide. The easier it is to travel, and the more the pandemic recedes, the more TCOM stock price could rise.
- Track employment and consumer confidence: Travel and vacation bookings are the first items of expenditure sacrificed by households when economic conditions darken. Therefore, it is essential when investing in the Trip.com stock price to follow economic statistics such as household consumption, income, employment, and unemployment rates when investing in the Trip.com stock price. Household confidence is also a potentially influential indicator of Trip.com's business.
- Study the company's quarterly earnings: Whatever stock you invest in, you should carefully study its quarterly earnings. They provide a lot of detail about the company's business, but also about its forecasts. Analysing the company's financial results will allow you to anticipate changes in Trip.com stock price better.
- Don't put all your eggs in one basket: Even if you are convinced, as we are, of the upward potential of Trip.com stock price, you should not invest all your capital in this one share. Indeed, one of the basic rules of investing is diversification. This means that you shouldn't put all your eggs in one basket. So, instead of buying only the Trip.com stock, you should complement this investment with other stocks. By doing so, you will dilute the risk of your portfolio.
- Choose a reputable broker: Last but not least, it is crucial to choose a serious broker. In particular, you should check that your broker has strong regulation. Also make sure it offers an easy-to-use and efficient platform. You should also ask about the fees charged by the broker. Indeed, you need to make sure that they will not reduce your performance too much. For instance, the ZFX broker we recommend checks all these boxes and more.
Bottom Line: What Can We Expect from the Trip.com Stock Price?
Many arguments should push investors to bet higher on the Trip.com stock price. Indeed, as a multi-year correction comes to an end and Trip.com stock price has begun to rebound, now seems like an ideal time to buy. This intuition is confirmed by studying analyst forecasts, which strongly bullishly view Trip.com share price.
If you too think that betting on Trip.com stock value could fit your investment strategy and improve the performance of your portfolio, we recommend that you take a look at online broker ZFX today. ZFX offers a world-renowned and highly efficient trading platform and has some of the market's lowest fees. Because of all those reasons and more, we believe it is indeed one of the best online brokers for trading TCOM stock price.