33.19 +0.40 (1.22%)
After hours: 7:35PM EST
|Bid||32.75 x 1100|
|Ask||33.20 x 1800|
|Day's Range||32.15 - 33.28|
|52 Week Range||25.00 - 51.91|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||46.18|
|Earnings Date||Mar 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.48|
Booking Holdings Likely to Post Double-Digit Q4 Earnings Growth(Continued from Prior Part)Revenue projectionApart from a healthy travel demand environment, Booking Holdings’ (BKNG) sustained focus on investing in marketing, alternative
Booking Holdings Likely to Post Double-Digit Q4 Earnings GrowthFourth-quarter expectationsWall Street analysts expect Booking Holdings (BKNG) to deliver yet another strong financial performance in its fourth quarter of 2018 on February 27. For the
The Chinese economy continues to grow faster than almost any other country in the world -- at an annual pace of roughly 6%. The middle class is expanding by millions each year, and that has led to a Chinese consumer who is spending instead of saving for the first time ever.Still, consumer-related stocks have come under pressure over the last year on fears of a slower economy. Add in the trade issues with the United States and Chinese stocks fell into a deep bear market last year.This created screaming long-term buying opportunities that still exist.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 High-Growth Stocks to Buy Now for Monster Returns There are many Chinese stocks worth keeping an eye on as bargain buys at current prices, but there are three in particular that stand above the rest. Let me tell you a bit about each … JD.com (JD)JD.com (NASDAQ:JD) has had its fair share of issues in the last year, including both macro events and company-specific headlines. But even as the negative news continues to swirl, the company is still expected to increase revenue from $53 billion in 2017 to $81 billion this year.The e-commerce and online retail infrastructure provider is trading with a price-sales (P/S) ratio below 1 and is extremely undervalued at current prices. It is certainly worth watching as Chinese consumer stocks come back in favor. Alibaba (BABA)This is one of China's two leading technology companies, with the other being Tencent Holdings (OTCMKTS:TCEHY). Alibaba (NYSE:BABA), an e-commerce and internet giant, has ties to nearly every aspect of the Chinese consumer from online shopping to banking and lending.The strength of BABA's brand alone makes it a benchmark for the Chinese consumer. * 7 Healthy Dividend Stocks to Buy for Extra Stability BABA stock has taken a hit with the Chinese market in general, but as things begin to turn around I expect to see Alibaba as a leader. I view the stock as a core holding for any international portfolio. Ctrip.com International (CTRP)Ctrip.com (NASDAQ:CTRP) is an online travel site in China. Think about Expedia and Kayak. This is simply the Chinese version.CTRP stock has been under pressure due to widespread selling as well as several analyst downgrades over the past few months. But here again, the negative short-term view of the company has created a great long-term buying opportunity.The rising middle class in China yearns to travel, and CTRP will be a direct winner of an increase in both domestic and international travel in the months and years ahead.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post 3 Chinese Stocks to Stop Worrying About and Buy appeared first on InvestorPlace.
Expedia Stock: Highlights for Investors(Continued from Prior Part)Analysts’ expectationsAnalysts think that Expedia (EXPE) will continue to benefit from the healthy travel demand environment. The company has produced strong results for four
Expedia Stock: Highlights for Investors(Continued from Prior Part)Rising online travel platform demandThe travel industry dynamics have changed drastically over the last decade. Travelers are shifting to online travel booking agencies instead of
Expedia Stock: Highlights for Investors(Continued from Prior Part)Room night growthLodging remains the major revenue growth driver for Expedia (EXPE). The business unit accounted for 69% of the company’s fourth-quarter revenues. The segment
Expedia Stock: Highlights for Investors(Continued from Prior Part)Revenues by segmentExpedia’s (EXPE) revenues rose 10% YoY (year-over-year) to $2.56 billion in the fourth quarter. The company reported revenue growth across all of its business
Expedia Stock: Highlights for Investors(Continued from Prior Part)Expedia’s performanceExpedia (EXPE) reported strong fourth-quarter results on February 7. The company’s adjusted EPS of $1.24 beat analysts’ expectation of $1.08. The EPS
Expedia Stock: Highlights for InvestorsBullish recommendationsExpedia (EXPE) could be an intriguing choice for investors, according to analysts’ ratings. Analysts covering the stock expect a massive upside in the online travel agency’s share
iQiyi (NASDAQ:IQ) may have gotten off on the right foot following its IPO from late March, with the price of iQiyi stock almost tripling by mid-June. The advent of a tariff war right around that time, however, ultimately wiped away all of that gain by late last year. Many feared the subsequent economic headwind created in China would work against the so-called Netflix (NASDAQ:NFLX) of China.Source: Shutterstock At least some investors have changed their tune in the meantime. While still miles away from its June peak above $46, the iQiyi stock price has snapped back from its early January low near $14 to more than $22, and is still chugging along.The prod, or prods, for the rebound effort thus far aren't perfectly clear. iQiyi has stepped up its deal-making, and undoubtedly has added more subscribers. It's also, most likely, shored up ad revenue… an area that gnawed at investors following the company's third-quarter report. And, if nothing else, it's become increasingly clear China's economy, though slowing, isn't imploding. All could be contributing factors to the rebound.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhatever the case, today's fourth-quarter report will certainly stir the pot again, either affirming or disproving the bullish assumptions that have developed in recent weeks. iQiyi Earnings PreviewAs of the most recent look, analysts were calling for a per-share loss of 71 cents for the recently ended fourth quarter, on revenue of $983 million. The company had previously suggested revenue would roll in somewhere between $943.5 million and $982.8 million for the quarter ending in December (between RMB6.48 billion RMB6.75 billion), although fluctuation in exchange rates makes all those outlooks a moving target. * 7 Healthy Dividend Stocks to Buy for Extra Stability In its third quarter of 2018, revenues of $1 billion (RMB6.9 billion) were up 48% year-over-year, though the net loss of $457.3 million (RMB3.1 billion) nearly tripled from the Q3-2017 loss of RMB1.1 billion. Per share of iQiyi stock, the third quarter loss of 63 cents also widened year-over-year as the company ramped up spending in the name of growth.The losses, however, are the least relevant part of the story right now. Far more important are the total number of paying subscribers, and how much of its revenue is driven by ads.To that end, iQiyi ended the third quarter with 80.7 million members, nearly doubling its headcount of 42.7 million as of the third quarter of 2017. The company will need to sustain that sort of subscriber growth pace to satisfy shareholders.As for the revenue mix, a key factor in the 11% plunge iQiyi stock suffered immediately following its third-quarter print was the 4% decline in advertising revenue. While subscription revenue growth more than offset that lull, in that ad revenue accounts for a little more than one-third of the company's business, investors were understandably concerned.The revenue mix will be a closely watched matter with the fourth-quarter report as well. Still a Work in ProgressIndeed, though it's often referred to as the Netflix of China, the fact that advertising revenue is such an important part of the revenue mix -- and the rhetoric -- makes it clear iQiyi is just as comparable to Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) property. iQiyi is also a content distributor, which drives roughly one-tenth of its revenue.The company enjoys the same benefits and suffers the same headaches its rivals do on all three fronts face.Case in point: Like its U.S. counterpart Netflix, the race to become the king of content before others get a chance to do the same is an expensive one. In early December, iQiyi issued $750 million worth of convertible debt, largely to create or curate video entertainment.While not dilutive yet, should all of that debt be converted into iQiyi stock, it could crimp per-share results.It may well be worth the ramped-up spending on content though, as its original programming like crime drama Burning Ice and quirky I, Actor are proving to be draws. As is the case with Netflix and YouTube's originals, owners of IQ stock will be forced to weigh the long-term benefits of such spending against the short-term cost.Perhaps far more important in today's numbers, however, will be the near-term impact of initiatives meant to rekindle revenue growth here and now.One of those initiatives is a partnership with China Mobile's MIGU, which is the wireless telecom carrier's steaming music and video app. The partnership facilitates cross-selling of one another's services.Also of interest will be the impact of the company's launch of an in-room virtual reality experience in select hotels in China. Though it's unlikely to have made a meaningful dent in sales or revenue, the initiative lays the groundwork for future growth. The company's partnership with Ctrip.Com (NASDAQ:CTRP) has also recently been expanded, and just last month iQiyi unveiled a program that will pipe short-form video, and ads, into China's metro system stations.While such partnerships are relatively new to iQiyi, they're likely to become key growth drivers in the foreseeable future. Investors would be wise to listen for any insights about these plans during and after the earnings conference call, even if their current upside is modest Looking Ahead for iQiyi StockAlthough analysts handicap the company's quarterly results and iQiyi reports them, it's effectively only a courtesy at this stage. The Netflix (and YouTube) of China is almost certainly going to continue booking unpredictable losses for the foreseeable future, and were it not for iQiyi's given revenue guidance, top-line estimates would be mostly unpredictable as well.The fiscal metrics aren't really the hot button for investors right now, however.The much bigger driving force behind the price of iQiyi stock is membership growth and its revenue mix. The market wants to see all three revenue-bearing arms make forward progress, and it wants to believe recently forged and future partnerships will bear fruit.The fact that IQ stock has rallied more than 50% from its early January low headed into Thursday's fourth quarter report also tacitly suggests investors are ready to see the glass as half-full again.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post What iQiyi Stock Shareholders Need to Know Before Earnings appeared first on InvestorPlace.
The latest domestic and overseas travel data for the Spring Festival show the Chinese consumer is generally still willing to spend, but on a smaller scale. Official data recorded 415 million visits within the country during the holiday — an increase of 7.6 percent from a year ago. The National Immigration Administration said outbound travel during the holiday period grew 12.48 percent to 6.31 million trips.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! The big shareholder groups in Ctrip.com International, Ltd. (NASDAQ:CTRP) haveRead More...
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