Tuniu: Anticipating Revenue Beat And Profitability Improvement (Rating Upgrade) [Seeking Alpha]
Tuniu Corporation - American Depositary Shares (TOUR)
Last tuniu corporation - american depositary shares earnings: 5/26 06:15 am
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US:NASDAQ Investor Relations:
ir.tuniu.com
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Source: Seeking Alpha
Play 9min Summary The encouraging Mid-Autumn Festival travel statistics, Tuniu's enhanced outbound travel offerings for the Thailand market, and positive peer commentary are factors supportive of a Q3 revenue beat for TOUR. Tuniu's profitability outlook is favorable, taking into account positive operating leverage effects and effective cost management. I raise my rating for TOUR stock to a Buy, after analyzing the company's top line and bottom line prospects. Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More » DonsESLAdventure/iStock Editorial via Getty Images My rating for Tuniu Corporation NASDAQ: TOUR ) is upgraded from a Hold to a Buy. I see TOUR's Q3 top line beating expectations, and I expect the company's bottom line will continue to improve going forward. Tuniu is deserving of a higher P/E ratio and a Buy rating, considering the company's expected earnings growth and its peer's valuations. I previous
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News
- Tuniu to Report Third Quarter 2024 Financial Results on December 5, 2024 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Tuniu to Report Third Quarter 2024 Financial Results on December 5, 2024 [Yahoo! Finance]Yahoo! Finance
- Tuniu to Report Third Quarter 2024 Financial Results on December 5, 2024PR Newswire
- Private companies are Tuniu Corporation's (NASDAQ:TOUR) biggest owners and were hit after market cap dropped US$15m [Yahoo! Finance]Yahoo! Finance
- Tuniu Co. (NASDAQ: TOUR) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat