Of four analysts covering Lordstown stock, two have a Sell or Strong Sell rating and the others have Hold ratings. At a recent price of around $1.00, the shares trade at their median price target. At the high target of $2.00, the upside potential is 100%.
Analysts expect Lordstown to post revenue of $1.25 million in the fourth quarter. They also expect a reported loss per share of $0.24, better than the prior quarter’s loss of $0.38 and better than the year-ago loss per share of $0.42. For the full year, estimates call for a loss per share of $1.14 (last year’s loss was $2.27 per share) and sales of $1.69 million (there were no sales reported in 2021).
Lordstown is not expected to post a profit in 2022, 2023 or 2024. The enterprise value-to-sales multiple is expected to be 14.6 in 2022. Based on estimated earnings for 2023 and 2024 of $44.22 million and $360.88 million, respectively, the multiples are 0.6 and 0.1, respectively. The stock’s 52-week trading range is $0.87 to $3.79. Lordstown does not pay a dividend, and total shareholder return for the past 12 months is negative 63.22%.
Trip.com
Travel services giant Trip.com Group Ltd. (NASDAQ: TCOM) has posted a 12-month share price increase of more than 46%. The stock touched a nine-year low in mid-March of last year following government-imposed lockdowns in some of China’s major cities. Since that bottom, the stock bounced up 140% and still shows a gain of 125% after 50 weeks.
Trip.com and rival Booking Holdings traded in close proximity until late November, when Trip.com shot more than 20% higher in less than a week. Booking has seen a share price hike of nearly 29% since late November, but Trip.com shares are up more than 45% in the same period. Expedia stock is up by less than 5% since late November.
Of 31 brokerages covering the stock, 28 have Buy or Strong Buy ratings. The rest have Hold ratings. At a share price of around $38.00, the upside potential based on a median price target of $40.61 is about 6.9%. At the high target of $52.38, the upside potential is 37.8%.
Analysts expect Trip.com com to report fourth-quarter revenue of $703.28 million, which would be down 27.4% sequentially and by 4.6% year over year. The consensus forecast also calls for a per-share loss of $0.02, compared to EPS of $0.22 in the prior quarter and year-ago EPS of $0.08 per share. For the 2022 fiscal year, analysts are looking for EPS of $0.14, down 57.7%, on sales of $2.88 billion, down 8.6% year over year.
Trip.com stock trades at 263.7 times expected 2022 EPS, 35.7 times estimated 2023 earnings of $1.04 and 22.2 times estimated 2024 earnings of $1.67 per share. The stock’s 52-week range is $14.29 to $40.17, and Trip.com does not pay a dividend. Total shareholder return for the past year was 44.09%.
Originally published at 24/7 Wall St.
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