36.69 -0.10 (-0.27%)
After hours: 6:31PM EDT
|Bid||36.51 x 4000|
|Ask||36.79 x 800|
|Day's Range||35.52 - 37.00|
|52 Week Range||25.00 - 48.70|
|Beta (3Y Monthly)||1.40|
|PE Ratio (TTM)||51.82|
|Earnings Date||Sep 3, 2019 - Sep 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||44.91|
Ctrip has signed a memorandum of understanding (MOU) with Tourism Fiji and Fiji Airways at the Ctrip Headquarter in Shanghai. This MOU will enable Ctrip to work closely with Tourism Fiji and Fiji Airways on business development and joint promotional activities. This will help to accelerate Fiji’s existing marketing activities in China.
This week, Jane Sun, CEO of Ctrip.com International, Ltd. was named the leading supporter of the Women in Global Health LEAD Fellowship at Harvard University, which was recently launched by The Harvard Global Health Institute (HGHI) and the university’s Women and Health Initiative. Five female global health pioneers chosen as part of the Fellowship will spend an initial semester at Harvard, and then receive an additional year of mentorship as they execute their leadership plans back at their home institutions.
Ctrip.com International, Ltd., Asia’s leading provider of integrated travel services company and its subsidiary Trip.com immediately activated the group’s Global SOS Emergency response mechanism following a 6.0-magnitude earthquake in Sichuan province on 17 June. The 6.0-magnitude quake’s epicenter hit counties in Yibin City at 10:55 p.m., damaging buildings, roads and communication facilities. A disaster fund has been launched for all customers who have booked travel through Ctrip between June 18-24, including group tours, independent travel, day trips, car rentals, leisure activities and customized trips.
SHANGHAI, China, June 18, 2019 -- On June 14th, Ctrip Group celebrated its second annual “Customer Service Day,” a day dedicated to honoring the employees who have helped to.
It's easy to match the overall market return by buying an index fund. Active investors aim to buy stocks that vastly...
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
On 4 June, the Ctrip.com International Ltd. co-founder and Executive Chairman of the Board James Liang was invited to meet with the Croatian President Kolinda Grabar-Kitarović in the capital Zagreb. President Grabar-Kitarović commended Ctrip’s contributions to the tourism industry of China and Croatia, while also expressing hope that Ctrip and Croatia will continue to collaborate to improve the recognisability of Croatia among Chinese outbound tourists.
Ctrip (CTRP), the largest online travel agency in Asia, and The United Nations Development Programme (UNDP), China International Center for Economic and Technical Exchanges (CICETE) and China Tourism Academy (CTA) jointly established the ‘Travel for Good Alliance’ on the World Environment Day 2019. To reflect the 48th World Environment Day’s theme of Beat Air Pollution, the parties jointly launched the “Travel More, Impact Less” initiative. ‘Travel for Good Alliance’ hopes to bring partners in the travel industry together to explore sustainable tourism benefiting society, culture and the environment.
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. Ctrip operates as a service provider for accommodations and basic services including reservations, ticketing, packaged tours, and corporate travel management in China.
Ctrip serves the world's biggest e-commerce market, China. Its next targets are outbound Chinese travelers in Southeast Asia, plus customers in India and Europe. Already more than half of its 300 million monthly customers for its brands, which include Skyscanner and Trip.com, are based outside of mainland China. Quarter by quarter, Ctrip's international ambitions — […]The post Ctrip's Global Push Starts to Pay Off in Diversified Revenue Streams appeared first on Skift.
SHANGHAI (Reuters) - Chinese travel site Mafengwo said it has raised $250 million in a funding round led by Tencent Holdings Ltd as it expands in the booming online travel market. In a statement on Wednesday, ...
Ctrip (NASDAQ:CTRP) unveiled its latest quarterly earnings results late today, bringing in a profit that increased year-over-year, while sales were also up, surging more than 20%, helping CTRP stock increase after hours Wednesday.The Chinese provider of travel services said that it posted net revenue of RMB8.2 billion (US$1.2 billion) for its first quarter of its fiscal 2019, marking a 21% increase when compared to the same period a year ago. The company added that income from operations were up by 50% when compared to the year-ago quarter, reaching RMB885 million (US$132 million).Excluding share-based compensation charges, Ctrip's income from operations was up 42% year-over-year to RMB1.4 billion (US$204 million) during the period. The company also experienced sustained robust growth momentum from its international businesses.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Skyscanner direct booking program also had strong momentum as it achieved roughly 250% growth in bookings when compared to the first quarter of 2019. The growth rate of the international hotel business and international air business (excluding the Skyscanner business) during the period more than double when compared to the China outbound traffic growth in the same period.Revenue generated from international business tallied up to roughly 35% of total revenue.CTRP stock is up about 4.6% after the bell today following the company's quarterly earnings results. Shares had been sliding about 0.6% during regular trading hours as Ctrip geared up to report for its first three-month period of the fiscal year. More From InvestorPlace * 7 Safe Stocks to Buy for Anxious Investors * 7 Stocks to Buy for Over 20% Upside Potential * 7 High-Yield REITs to Buy (Even When the Market Tanks) Compare Brokers The post Ctrip Earnings: CTRP Stock Surges as Q1 Sales Surge 21% Y2Y appeared first on InvestorPlace.
On a per-share basis, the Shanghai-based company said it had profit of $1.11. Earnings, adjusted for non-recurring gains, were 44 cents per share. The results beat Wall Street expectations. The average ...
Investing.com - Ctrip.Com (NASDAQ:CTRP) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
SHANGHAI , May 22, 2019 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP) ("Ctrip" or the "Company"), a leading provider of online travel and related services, including ...
Meliá Hotels International, the leading Spanish hotel group, today announces to deepen the strategic partnership with Ctrip and to launch a flagship store on the leading online travel agency’s Chinese website and mobile app. Bernardo Cabot, the Regional Vice President of Meliá Hotels International in Asia Pacific, said, “We are honoured to maintain our partnership with Ctrip, the market leader in China.
Ctrip (CTRP), the largest online travel agency in Asia, and the World Wide Fund for Nature China WWF China）signed a Memorandum of Understanding (MoU) in Shanghai on 16 May 2019 to begin a strategic partnership. As a follow-up to the MoU, on the same day, the two parties announced a sustainable eco-tourism initiative with over 10 other partners, with the first project entitled “Exploring Fantastic Creatures” to be launched soon. Ctrip and WWF China aim to enhance public awareness of biodiversity and transform travel products into environmental-friendly ones.
To say that Chinese stocks have been a roller coaster over the last year would be an understatement. Already, China has seen slower growth as it shifted from being a solely manufacturing-based economy to one based on services/consumerism. But with the trade war, Chinese stocks have been hit even harder, only to bounce back as a deal with the United States seemed to be within grasp.Then, President Trump tweeted. With no deal in sight, tariffs rising and even lower growth on the horizon, Chinese stocks have continued to sink over the last week or so.But this could be an interesting opportunity for long-term investors. China continues to dominate on the world stage and is arguably one of the most important economies. And while a deal may not be in sight today, there's a good chance that one will be ironed out eventually. Meanwhile, with its huge and growing consumer base, domestic growth continues despite various trade pressures. In the end, Chinese stocks could be a wonderful long-term play. And the recent hiccups have provided a "reset" in valuations ripe for the picking.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs With that, here are three Chinese stocks to buy today that are worthy of a long-term hold. Alibaba (BABA)Source: Shutterstock If there was only a way to combine all the best U.S. technology firms into one company, you'd have one of the most powerful Chinese stocks around. Oh wait, there is. And it happens to be Alibaba (NASDAQ:BABA).BABA's main bread-n-butter is its retail business. But unlike Amazon (NASDAQ:AMZN), BABA only serves as the marketplace and doesn't actually hold inventory. People sell products on the site. That provides higher margins than even almighty AMZN.The beauty is that founder Jack Ma has used the hefty cash flows from this business to fund a variety of other expansions. This has included everything from peer-to-peer lending, cloud computing, social media, and even tablets/mobile devices. This has created a monster among Chinese stocks. And the growth continues.Last quarter, active users on BABA's sites jumped 18%, while expansions into higher margined services and operations helped revenue surge 51% versus a year ago. Remember, this during all the trade war issues. With BABA now making moves into more rural areas of China, revenues and profits should continue over the long haul.Meanwhile, the e-commerce giant has seen its shares dip over the last few weeks. With forward P/E of about 24, BABA is just as cheap as its American rivals, but with a much larger opportunity set. Baidu Inc (BIDU)Source: Shutterstock Like BABA, Baidu (NASDAQ:BIDU) has taken its playbook from an American tech firm. In this case, we're talking about Google (NASDAQ:GOOG,NASDAQ:GOOGL).BIDU operates a search engine just like GOOG. And just like GOOG in the U.S., the Chinese firm is the top dog when it comes to search in the nation. Right now, BIDU controls more than 80% of the search traffic in China. With more than 731 million internet users -- a figure that is growing as access expands -- BIDU commands the attention of a lot of eyeballs. This means there's plenty of ad data to be had. And like GOOG, those ad sales pull in a ton of cash. Last year, Baidu's clocked in roughly $14.88 billion. That was a 28% year-over-year jump and mostly due to the firm's ad sales.Meanwhile, BIDU has continued to expand into some other lucrative areas. This includes video with its iQiyi (NASDAQ:IQ) subsidiary as well as A.I. and autonomous vehicles. This all should sound very familiar to Google stock investors. The best part is, most of BIDU's operations shouldn't be affected too heavily by the trade war. People will still search for funny cat videos and the news regardless of how steel prices are reacting. * 6 Chinese Stocks That Could Pop On a Trade Deal Under that guise, Baidu could be a bargain among Chinese stocks. With its 36% estimated EPS growth in 2020, BIDU stock trades at dirt cheap forward P/E of just 11.5. No wonder why fellow InvestorPlace contributor Bret Kenwell thinks BIDU can rally to $250 per share. Ctrip.com (CTRP)Source: Thomas Galvez via FlickrOne of the reasons for China's slowing growth has been its shift from being a manufacturing nation to one that focuses on consumerism. Which is why Ctrip.com (NASDAQ:CTRP) makes for an interesting buy these days.CTRP operates a series of travel and accommodation booking websites. Like its U.S. counterparts, hotels, airlines and other entertainment venues list their unused inventory or packages on CTRP's websites and consumers book through the site. Ctrip then collects a fee for doing so. Margins for the technology stock remain high as it doesn't really have overhead. This has allowed the firm to realize some decent profits over the years. Last quarter, CTRP managed to beat estimates by a wide margin.Meanwhile, travel continues to grow in China despite trade issues. Management estimates that revenues could jump more than 23% this year as more people hit the road and take vacations. Better still, is that CTRP has expanded its offerings to include more hotels/destinations in rural China. This allows the firm to add potential clients on both sides of the equation. Likewise, it's continued to add international capacity and hotel deals as well.In the end, CTRP offers an interesting domestically focused Chinese stock with plenty of growth left in the tank.Disclosure: At the time of writing, Aaron Levitt held a long position in AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post 3 Chinese Stocks to Buy Now and Hold for the Long Haul appeared first on InvestorPlace.
At the third ITB China held in Shanghai from May 15th to 17th, Jane Sun, CEO of Ctrip, was invited to deliver the keynote speech at the ITB banquet with more than 600 guests from the global travel industry in attendance. ITB China is a trade fair specializing in the Chinese market organized by the world’s largest travel trade show, ITB Berlin. According to statistics from China’s Ministry of Culture and Tourism, the number of outbound trips by Chinese citizens reached almost 150 million in 2018, maintaining China’s status as the country with the largest number of outbound tourists and representing a 14.7% increase from the year before.
Jane Sun, CEO of Ctrip.com International, Ltd. (CTRP) ("Ctrip"), Asia’s largest online travel agency and the second largest in the world, recently laid out the next stage of development for the leading travel group in an internal letter. Ms. Sun noted that Ctrip is entering the third stage of its strategic development, characterized primarily by the expansion of operations outside China and a focus on serving mid-to-high end travel consumers. Ms. Sun’s letter marked the announcement of a share exchange transaction between Ctrip and Naspers, in which Ctrip will become the largest shareholder of Indian online travel agency MakeMyTrip post the transaction.
Chinese tourists are shunning travel to the United States amid the trade war and opting for destinations which “show hospitality” such locations in Southeast Asia and Europe, according to Jane Sun, chief executive of Asia’s largest online travel platform Ctrip.