|Bid||8.36 x 41600|
|Ask||8.36 x 224000|
|Day's Range||8.35 - 8.58|
|52 Week Range||7.97 - 20.33|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||7.37|
|Earnings Date||Aug 9, 2017 - Aug 14, 2017|
|Forward Dividend & Yield||0.72 (7.22%)|
|1y Target Est||19.04|
Moody's Investors Service ("Moody's") has today downgraded the corporate family rating (CFR) of the British tourism group Thomas Cook Group plc (Thomas Cook or the company) to Caa2 from B3 and its probability of default rating (PDR) to Caa2-PD from B3-PD. Moody's has also downgraded to Caa2 from B3 the rating on Thomas Cook's EUR 750 million senior unsecured notes due 2022 and downgraded to Caa2 from B3 its EUR 400 million senior unsecured notes due 2023 issued under Thomas Cook Finance 2 plc. The outlook on both entities has changed to negative from rating under review.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of TUI AG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service ("Moody's") has today downgraded the corporate family rating (CFR) of the British tourism group Thomas Cook Group plc (Thomas Cook) to B3 from B2 and its probability of default rating (PDR) to B3-PD from B2-PD. Moody's has also downgraded to B3 from B2 the rating on Thomas Cook's EUR 750 million senior unsecured notes due 2022 and downgraded to B3 from B2 its EUR 400 million senior unsecured notes due 2023 issued under Thomas Cook Finance 2 plc. The ratings are placed under review for further downgrade.
Today we'll look at TUI AG (ETR:TUI1) and reflect on its potential as an investment. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate p...
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To...
Slowly but surely European travel giant TUI Group has shifted from a tour operating model to an integrated tourism company. What this means in practice is that instead of simply sourcing and selling vacation packages, it now owns more of the entire travel experience: shops, online, airlines, tours, transfers, activities, hotels, and cruise ships. The […] The post Why TUI Favors an Asset-Heavy Approach appeared first on Skift.
Moody's Investors Service ("Moody's") has today affirmed the Ba2 corporate family rating (CFR), the Ba2-PD probability of default rating (PDR) and the Ba2 senior unsecured rating of the world's leading tourism company TUI AG (TUI). Concurrently, TUI's outlook has been changed to negative from stable.
TUI remains committed to its Boeing 737 MAX orders despite two fatal crashes that have led to the grounding of the plane worldwide and caused the Anglo-German tour operator to issue a profit warning on Friday. TUI said its profit would fall by at least 200 million euros (172.16 million pounds) this year due to the cost of substituting planes, loss of business and lower fuel efficiency - further evidence of the financial impact of the two deadly accidents after warnings from North American airlines. Global airlines and travel groups have had to make contingency plans after 737 MAX planes were taken out of service following an Ethiopian Airlines disaster on March 10 that killed 157 people, five months after a Lion Air crash in Indonesia that killed 189.
Tui was expecting to take delivery of another eight 737 Max aircraft by the end of May. But with doubts growing about the jet’s safety, none of these planes will be flying anywhere for the time being. On Friday, Tui clarified the expense of grounding all of these jets (which account for about 10 percent of its fleet). Expenses related to securing alternative aircraft and extra fuel could reach 300 million euros ($337 million), Tui said.
BERLIN (AP) — European travel operator TUI Group warned Friday that its profits this year could be a quarter lower than anticipated as a result of the grounding of Boeing 737 Max jets.
Lastminute.com Group is looking to take market share away from tour operators across Europe as it puts more effort into growing its package vacation business. In 2018, non-flight products, which includes vacations hotels and cruises, generated more revenue than flight-only sales for the first time in the company’s history. Dynamic packaging — where travelers combine […] The post Lastminute.com Goes After TUI With Vacation Push appeared first on Skift.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why itRead More...
TUI Group has agreed to sell its French scheduled carrier Corsair to a German airline investor for an undisclosed sum. The German tourism giant has been looking to offload the airline for years as it doesn’t fit with the rest of the company’s business. Intro Aviation is buying a 53 per cent stake, TUI will […] The post TUI Group Sells Its Only Non-Charter Airline appeared first on Skift.
Ctrip’s two new partnerships, one with TUI Group’s Musement and the other with Rezdy, announced Monday, underscore the Chinese online travel giant’s strategy to strengthen its fast growing international business. This business includes Chinese overseas travel and its global brands outside China, Skyscanner and Trip.com. It accounts for a third of the group’s net revenue […] The post How TUI and Rezdy Fit Into Ctrip’s Growth Strategy Outside China appeared first on Skift.
A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Historically, TUI AG (ETR:TUI1) has paid aRead More...
European travel company TUI Group has spent the last few years moving away from its tour operator past and, looking at its latest set of financial results, it’s easy to see why. The company flagged the problems in a profit warning last week, having previously appeared immune to the industrywide challenges faced by its smaller rival […] The post TUI Group Turns Toward Online Bookings as It Revamps Its Business appeared first on Skift.
Moody's Investors Service ("Moody's") has today affirmed the Ba2 corporate family rating (CFR), the Ba2-PD probability of default rating (PDR) and the Ba2 senior unsecured rating of the world's leading tourism company TUI AG's (TUI). Concurrently, TUI's rating outlook has been changed to stable from positive. "Our decision to affirm TUI's rating, but to change the outlook back to stable from positive is based on the ongoing market weakness in TUI's tour operator business, which prompted the company's unexpected announcement that it will not be able to increase its underlying earnings in fiscal year 2019.