|Bid||33.10 x 1000|
|Ask||33.72 x 3200|
|Day's Range||33.22 - 33.92|
|52 Week Range||25.00 - 51.91|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||46.93|
|Earnings Date||Mar 12, 2019 - Mar 18, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.46|
SHANGHAI , Feb. 18, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate ...
TripAdvisor’s Q4 Earnings Missed the Estimates(Continued from Prior Part)EBITDA performanceTripAdvisor’s (TRIP) fourth-quarter adjusted EBITDA rose ~38% YoY (year-over-year) to $87 million from $79 million in the fourth quarter of 2017. The
TripAdvisor’s Q4 Earnings Missed the Estimates(Continued from Prior Part)Fourth-quarter revenues TripAdvisor’s (TRIP) fourth-quarter revenues grew 8% YoY (year-over-year) to $346 million and beat analysts’ forecast of $342.8 million. A strong
TripAdvisor’s Q4 Earnings Missed the EstimatesEarnings missed the estimates TripAdvisor (TRIP) shares fell ~5% during after-hours trading on February 12. The company reported lower-than-expected fourth-quarter bottom-line results. The online
While analysts debate whether the volatility and general market selloff are behind us, I would like to discuss why I am getting ready to take another look at the positive long-term prospects of three Chinese stocks: Weibo (NASDAQ:WB), JD.com (NASDAQ:JD) and Ctrip.com (NASDAQ:CTRP).It's probably the understatement of the past 12 months to say that the trade wars between the U.S. and China have brought significant uncertainty to the global stock markets. As a result, most Chinese stocks were under pressure in 2018 and are now much cheaper than they were a year ago.But despite the negative sentiment toward these stocks, one thing remains true: Weibo, JD.com and Ctrip.com stock and many of the Chinese American Depositary Receipts (ADRs) listed in U.S. exchanges still offer investors the possibility to invest in the growing Chinese consumer economy. They were all darlings of investors and ranked among the best stocks in the market until the escalating war of words led to the start of various tariffs between China and the U.S in 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAdding salt to the wound, the International Monetary Fund (IMF) has recently warned that China, the world's second-biggest economy, has been slowing considerably.Even so, the wide-reaching economic implications of its political challenges and a potential cooling off in China shouldn't get in the way of a sensible, long-term investing strategy.The next several weeks may bring more volatility in WB, JD and CTRP shares. And I do not expect to witness a major favorable sentiment shift toward Chinese stocks. However, although short-term investors should expect daily price swings in these Chinese stocks as each company reports earnings in the coming days, long-term investors may see any further price declines as opportunities to go long. * 10 Stocks That Every 20-Year-Old Should Buy With all of that in mind, here's a deeper look into why you should consider these three Chinese stocks to buy. Source: Shutterstock Weibo (WB)Weibo, a social media company with a popular micro-blogging website, is expected to report earnings on Feb 12.WB, which was spun off from Sina Corp (NASDAQ:SINA) in 2014, opened with an IPO price of $17 in April 2014. Alibaba (NYSE:BABA) owns 32% of Weibo and is the second-largest shareholder after WB's parent company SINA (which owns about 46%).Chinese internet celebrity (better known as "wanghong") accounts at Weibo, and the website's rich multimedia functionalities help make WB a much loved and somewhat indispensable social media company within China. Furthermore, WB's recent investments in live video streaming and fintech have already started contributing to the bottom line.The company's revenue comes from two main segments: * Digital advertising (almost 80% of revenues) * Value-added services (just over 20% of revenues)As a leading social media company, Weibo embodies Chinese consumers' love of social networking. Therefore, in addition to advertising income from Alibaba and Sina, it has been increasing advertising revenue from third parties, mostly thanks to being the website of choice for celebrity accounts.Weibo is still a high-growth company whereby I expect the earnings report to show that its revenue growth is still over 50%. This growth in revenue trickles down to the company's bottom line, improving its earnings-per-share. Its daily active users (DAU) is over 200 million and growing, a fact that contributes to its revenue.Moreover, WB has a quick ratio of 4.1, which demonstrates the ability of the company to cover short-term liquidity needs. Therefore, the group would be in a robust position to weather any headwinds due to an economic slump.Although many analysts have expressed growth concerns regarding China, the country's economic fundamentals have vastly improved over the past decade; the internet population is still booming and money continues to pour into Chinese companies operating in this space -- factors that help support the long-term durability of WB stock.Yet, despite this longer-term strength, WB stock has had a difficult period in recent months. And this is despite its strong, proactive management, which has been successfully diversifying Weibo's advertising, broadening its social influence, especially among Chinese celebrities, and increasing its monetization.Over the past year, WB stock is down almost 46% and its 52-week price range has been $51.15 (Jan. 24, 2019) - $142.12 (Feb. 15, 2018).After investors' harsh response to the uncertainty over trade war threats in 2018, Weibo stock has suffered from a damaging technical picture. Its long-term technical chart still looks rather weak and it is pointing to the possibility for more choppy action, possibly between $50 - $65.When the company reports earnings on Feb. 12, investors will pay extremely close attention to the details in the company's quarterly results as well as any guidance on the health of the Chinese economy. The options markets are pricing in an approximate post-earnings move of 12% in either direction in WB shares.Any disappointment in the earnings statement could quickly send the shares back below $60.Weibo stock has a solid story in a country fascinated with social media, thus it remains a long-term growth play on a fundamental basis and it is still one of the best stocks to invest in China. However, in the near-term, there might still be a weakness in the WB stock price, a possibility that investors should factor in their investment decisions. Source: Daniel Cukier via Flickr JD.com (JD)JD.com, the largest Chinese online retailer out of Beijing, is expected to report earnings on Mar. 1.In addition to the online e-commerce operations, the group also has hundreds of warehouses and thousands of delivery stations as well as fresh food stores across China.JD stock has been in a downtrend for over a year whereby its 52-week price range has been $19.21 (Nov. 13, 2018) - $549 (Feb. 26, 2018). The downtrend came amid a series of company-specific and global macro events.In June 2018, Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google announced that it would invest $550 million in JD.com. Both companies stated that the combined synergies would enable them to collaborate on various e-commerce and technology related areas. Under the agreements, Google received "27,106,948 newly issued JD.com Class A ordinary shares" at a price that equated to "$40.58 per American depository share." Although the cooperation between the two companies is likely to benefit both of them in the years to come, so far, JD stock hasn't reflected any benefit.On July 6, tariffs on $34 billion worth of Chinese goods came into effect and the selloff in Chinese stocks began. In August, JD.com's Q2 results gave a mixed message, hampering investor hopes that the downtrend might finally come to an end.September was also a difficult month for JD stock as in late August 2018, its founder and CEO Richard Li, who owns over 85% of JD.com's voting power, was arrested in the U.S. following sexual misconduct allegations. The troubling headlines caused a further selloff in JD stock.The selling intensified following the earnings report on Nov. 18, after which the shares hit a low not seen since June 2016.In summary, over the past year, JD stock is down over 43% and its long-term technical chart has not yet stabilized. Between now and when it reports earnings on Mar. 1, it is possible that JD shares will have a volatile reaction.JD.com competes aggressively with Alibaba in China's massive e-commerce market. When BABA announced its quarterly results on Jan. 30, the stock was up almost 7% on the day. Therefore, we might expect a similar positive reaction from JD.com stock if investors like what they hear in the earnings report.Otherwise, the shares could easily go down to re-test the November low of $19.21 before the stock price forms a healthy base.In the next few weeks, trading in JD stock is likely to be choppy with both widely up and down days. and any short-term up move is likely to meet resistance between the $25 - $30 levels. * 10 Best Dividend Stocks to Buy for the Next 10 Months However, I think JD.com is still one of the best stocks China has to offer, and it could easily find a place in investors' portfolios … if they're in it for the long haul. Within two years, I expect JD stock to easily reach the lower $40's level, or the price Google paid for the shares in 2018. Source: Thomas Galvez via Flickr Ctrip.com (CTRP)Ctrip.com, a travel services provider, is expected to report earnings on Mar. 13.The travel group has a history of beating earnings estimates and coming out with healthy financial numbers across the board. If the Chinese economy is indeed experiencing considerable headwinds, the next earnings report, however, may show a slowing of growth in the short term -- a result that may be followed by a drop in the price of CTRP stock.Currently, CTRP's revenue comes from four main segments: * Accommodation Reservations * Transportation Ticketing * Packaged Tours * Corporate TravelWhen CTRP reports in about a month, I would not be particularly surprised to see some concern over future guidance in regards to the corporate travel segment. A slowing Chinese economy would likely translate into falling corporate client demand, decreasing margins and slower revenue growth for Ctrip stock.On the other hand, the lunar new year celebrations of February 2019 are likely to have boosted demand for packaged tours as well as the personalized travel arrangements of the Chinese middle-class, where Ctrip.com's main focus lies.I also expect the earnings report to show that the management is pursuing different revenue streams and working to further its organic growth by reaching out to its young customer base, mainly under the age of 35.As China is becoming more urbanized, younger Chinese citizens are also beginning to spend more money on domestic and international travel, a trend that Ctrip is well placed to take advantage of.Over the past year, CTRP stock is down almost 25%, and its 52-week price range has been $25 (Nov. 13, 2018) - $51.91 (June 15, 2018). For those investors who pay attention to short-term technical charts, it has been forming a base between $25 - $35, a level that now acts as a support zone. Furthermore, Ctrip's technical momentum indicators, which describe the speed at which prices move over a given period, are currently in overbought territory. Although these indicators can stay overbought for quite a long time, short-term profit-taking is probably around the corner.The current short-term overbought chart follows several months of decline in the CTRP stock price, which has caused a damaging longer-term technical picture. Therefore, CTRP stock will need to stabilize and build a base again before another long-term sustained leg up can occur.When the company reports earnings on Mar. 13, any disappointment in Ctrip's earnings statement or future outlook could quickly send the shares back below $30. Thus, there might be weakness in the CTRP stock price in the near-term that potential investors should anticipate.Nonetheless, as travel demand in China grows due to demographic developments, Ctrip will be in a robust position to capitalize on its current market dominance. Within two to three years, investors who buy Ctrip are likely to be rewarded handsomely. As such, it is a standout among other stocks to buy for those with a focus on China.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Every 20-Year-Old Should Buy * 10 Best Dividend Stocks to Buy for the Next 10 Months * 10 Monster Growth Stocks to Buy for 2019 and Beyond Compare Brokers The post The 3 Best Chinese Stocks to Buy for a Long-Term Portfolio appeared first on InvestorPlace.
What's the Latest from Alibaba?(Continued from Prior Part)Alibaba Pictures takes position in Tingdong FilmAlibaba (BABA) increased its stake in Alibaba Pictures late last year. Alibaba disclosed in a recent investor update that it now owns about 51%
Ctrip.Com (CTRP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Expedia Rose ~8% after Its Q4 Earnings Beat(Continued from Prior Part)Analysts’ bullish recommendationsExpedia (EXPE) could be an intriguing investment. Most analysts have turned bullish on the stock. Most analysts raised their target price
Expedia Rose ~8% after Its Q4 Earnings Beat(Continued from Prior Part)Room night growth Lodging accounted for 69% of Expedia’s (EXPE) fourth-quarter revenues. Lodging is still the most important contributor to the company’s top line. Expedia’s
Expedia Rose ~8% after Its Q4 Earnings Beat(Continued from Prior Part)Higher revenuesIn the fourth quarter, Expedia’s (EXPE) revenues of $2.56 billion beat analysts’ estimate of $2.54 billion and rose 10% YoY (year-over-year). The company
Expedia Rose ~8% after Its Q4 Earnings BeatEarnings beatExpedia (EXPE) shares rose ~8% during after-hours trading on February 7 following its better-than-expected fourth-quarter results. The company provided a strong outlook for 2019. Expedia’s
What to Expect from TripAdvisor’s Q4 Earnings(Continued from Prior Part)Premium valuation At current market prices, TripAdvisor’s (TRIP) PE ratio stands at 39.7x, which is between its all-time high of 50.7x in July 2014 and its all-time low of
What to Expect from TripAdvisor’s Q4 Earnings(Continued from Prior Part)Struggling hotel business TripAdvisor (TRIP) struggled throughout 2016 and 2017 due to the weak performance from its Hotel segment, which weighed on the globally known online
What to Expect from TripAdvisor’s Q4 EarningsFourth-quarter expectations Wall Street analysts expect TripAdvisor (TRIP) to deliver yet another strong financial performance in its fourth quarter of 2018 on February 12. For the to-be-reported
Despite a slowdown in China's economy, the country's citizens are expected to maintain a healthy appetite for international travel.
Just a little over a month ago, iQiyi (NASDAQ:IQ) was untouchable. IQ stock ended 2018 at its lowest close of the year after falling from nearly 80% from its June peak. The Dec. 31 close of $14.87 was also well below its March IPO price of $18, with no end to the misery in sight. What a difference a month can make. There's one more hurdle to clear if the rebound effort is going to solidify. And, that test is coming soon. This week in fact. If iQiyi stock can get up and over that hump though, this undervalued name could undergo a major recovery move. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks That Won Super Bowl Sunday ### What's iQiyi? What's iQiyi? It's often compared to Netflix (NASDAQ:NFLX), and has even been called the Netflix of China. It's not an entirely unfair comparison. It also has a lot of similarities to Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) property YouTube, however, in that user-generated content is a key part of its video mix. If anything it's actually a hybrid of the two platforms that are so popular in the western hemisphere. More important though, iQiyi is a hit among Chinese consumers, many of whom are still relatively new to the trappings of high-speed connectivity and the massive amount of entertainment available on demand. The numbers validate the claim. During the third quarter of 2018 (its most recently-reported quarter ) QI revenue grew 48% year-over-year to $1.0 billion. Its user base expanded from 42.7 million a year earlier to 80.7 million. It's still losing money, but so did Netflix in its early years. YouTube was in the red as well when Google acquired it back in 2006. Revenue growth is the priority right now, and iQiyi is beefing that figure up in a big way. ### Turnaround for IQ Stock That wasn't enough to impress investors for the better part of last year. IQ stock certainly saw the usual post-IPO euphoria, running from its initial public offering price of $18 to a high of more than $46 by June. Once the buzz wore off, iQiyi stock plunged, falling all the way back to less than $15 by late-December. The reasons for the selloff may have extended beyond post-IPO psychology. Most Chinese stocks fell out of favor with western investors in 2018, driven by fear that newly-introduced tariffs would stifle China's economic growth. Not even a low-cost digital video service was inherently immune to a sweeping slowdown. The market is seeing matters in a much different light now, however, forcing some key technical progress from IQ stock. The daily chart tells the tale. Shares were guided lower by a falling resistance line for the last half of 2018, but that technical ceiling was finally broken in January. The buyers haven't looked back. In fact, a streak of higher lows has been well developed. Click to Enlarge The job's not quite done yet. The 100-day moving average line, plotted in gray, lies dead ahead at $21.12. iQiyi stock is approaching that potential ceiling after a pretty good move that may have exhausted the bulls, even if only temporarily. Unless and until IQ stock moves above the 100-day line, it's difficult to dive all the way into. Be prepared for a pause. If IQ stock can get going again after that pause though, and push above the 100-day average, would-by buyers waiting for better days could crawl out of the woodwork. The company's certainly got enough growth in store to keep traders in a buying mood. This year's top line should be up more than 30%, further whittling down the losses iQiyi has been booking. ### Looking Ahead for IQ Stock And that's the stumbling block for a large swath of interested but wary investors: Just how sustainable is this company's growth? Probably as much as analysts currently believe, give or take. Prior to last year, iQiyi had done most things by itself, for itself. Now that it's proven to be a marketable on-demand video platform though, alliances and partnerships that bolster growth are taking shape in a big way. The company just announced its high definition video service Qisubo would be available in select Thailand hotels. A couple of weeks back, iQiyi and online travel-booking service Ctrip (NASDAQ:CTRP) unveiled a package deal that drives each organization's customers to the other. Although the potential of its market size is finite, iQiyi is out on front, and being positioned as the go-to partner in China's nascent on-demand video industry will make it the growth leader, much like Netflix was in its early days on the other side of the world. As of the latest look, analysts hold a consensus target price of $25.58 on IQ stock. That's a target that not only says shares are undervalued by about 20%, but a target that will likely move higher the more iQiyi stock gains. Clearing the 100-day moving average line is the first step though. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 F-Rated Stocks That Could Break Your Portfolio * 5 Fintech Stocks to Buy As This Mega Trend Gains Steam * 10 Cold Weather Stocks to Heat Up Your Returns Compare Brokers The post IQ Stock Is Back in Bullish Mode with at Least a 20% Upside appeared first on InvestorPlace.
Expedia Is Likely to Post Double-Digit Earnings Growth in Q4Fourth-quarter expectationsExpedia Group (EXPE) plans to report its fourth-quarter 2018 earnings results on February 7. The online travel agency’s EPS have surpassed Wall Street’s
NEW YORK, NY / ACCESSWIRE / January 25, 2019 / U.S. equities were mixed on Thursday as stronger-than-expected quarterly earnings werent enough to outweigh concerns of a global economic slowdown. The Dow ...
Based on Ctrip.com International, Ltd.'s (NASDAQ:CTRP) earnings update in September 2018, analyst consensus outlook seem pessimistic, as a -9.1% fall in profits is expected in the upcoming year relative to Read More...
DAVOS, Switzerland, Jan. 24, 2019 -- Ctrip, the largest travel provider in Asia, attended the 49th World Economic Forum Annual Meeting in Davos, Switzerland, where Chief.
As luxury brands and retailers globally gear up for millions of tourists during China's biggest holiday, a survey released Thursday indicates consumers in the world's second-largest economy are more interested in sightseeing than shopping.