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KeyBanc: TripAdvisor's Quarter Shows Consumers May Have Forgotten The Site's Value
Tuesday, November 7, 2017 - 9:56am | 334Tripadvisor Inc (NASDAQ: TRIP) reported third-quarter earnings Monday with a 1 cent-per-share earnings beat, but revenue of $439 million fell short of the $451.8 million analysts were expecting. Hotel revenue of $312 million also fell short of the $326.2 million analysts projected. The...
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Here's What Disappointed Some Priceline Investors About Q3
Tuesday, November 7, 2017 - 9:43am | 352Priceline Group Inc (NASDAQ: PCLN) reported its third-quarter results Monday — which came in better than expected, but were accompanied with concerning fourth-quarter guidance. The company also said it will be increasing its marketing spending. The Analyst KeyBanc Capital Markets'...
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Trivago Takes A Trip From Overweight To Equal-Weight At Morgan Stanley
Thursday, September 28, 2017 - 11:04am | 373Analysts at Morgan Stanley turned bearish on Trivago NV - ADR (NASDAQ: TRVG) amid multiple headwinds ahead. The firm's Brian Nowak downgrades Trivago's stock rating from Overweight to Equal-Weight with a price target slashed from $22 to $12. Triavgo's business model is currently undergoing a...
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Expedia Still A Favorable Risk/Reward After Q2 Beat
Friday, July 28, 2017 - 12:09pm | 415Shares of Expedia Inc (NASDAQ: EXPE) hit a new all-time high on Friday in reaction to its second-quarter results and are up by more than 40 percent since the start of 2017. Yet UBS's Eric Sheridan maintains a Buy rating on Expedia's stock with a price target boosted from $155 to $178....
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4 Reasons Expedia Got An Upgrade From Citi
Wednesday, June 28, 2017 - 1:40pm | 514Analysts at Citi are now recommending investors buy shares of Expedia Inc (NASDAQ: EXPE) even though the stock has already gained 30 percent in 2017 alone and nearly 50 percent over the past year. Citi's Mark May upgraded Expedia's stock rating from Neutral to Buy with a price target boosted from $...
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Gratefulness Multiplies As Thanksgiving Gas Prices To Ease To Third Lowest In Decade
Monday, November 21, 2016 - 10:54am | 639There might be cheer for those who are preparing to be on the road for Thanksgiving. Gas prices may pinch their pockets less this year, leaving them with more disposable income to splurge on spending related to the occasion. Adding To Consumer Cheer This is an added premium over the better...
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How Do Travel Stocks Perform During The Holiday Travel Season?
Tuesday, November 8, 2016 - 10:02am | 632The holiday season reinvigorates consumers in a big way as they vie with one another in splurging money on purchases, especially on gifts for themselves, family, friends and others. Retailers make use of this psyche of consumers and come out with several luring propositions, including offers, deals...
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Tourist Activity To Brussels And Istanbul Has 'Fallen Off A Cliff'
Monday, August 8, 2016 - 9:14am | 292The worldwide tourism sector accounts for more than $7 trillion in economic output and supports more than 284 million jobs, according to a report by CNBC that cited data from the World Travel & Tourism Council. The number of Americans who traveled outside of the country in 2015 rose 8 percent...
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Homeowners, Long-Term Investors And Travelers Can Reap Brexit Benefits
Thursday, June 30, 2016 - 12:04pm | 349Global equity markets, futures, currencies and various other asset classes came crashing hard last week after the people of the United Kingdom voted to withdraw the country's membership from the European Union in the hotly contested Brexit vote. The selloff carried over to Monday, but since then,...
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Family Trips On A Budget
Sunday, March 20, 2016 - 11:46pm | 767Spring break is just around the corner, and statistics show that American families are notoriously bad at not taking vacations. Whether due to part-time jobs, low-wage professions, feeling unable to take time off or simply categorizing it as "strong-work ethics," a new survey found that in 2014, 42...
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Road Trip Smarter With These Four Essential Planning Tips
Monday, September 28, 2015 - 1:59pm | 996Vacations are supposed to be a source of rejuvenation, relaxation and reprieve from the real world. However, the stress associated with spending a lot and not working to offset those costs can creep into even the most peaceful destination. Luckily, much of this stress can be avoided simply by...
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Don't Forget About Travel And Leisure Stocks, Investors
Wednesday, August 26, 2015 - 1:50pm | 496MKM Partners analyst Christopher Agnew argued in a note on Wednesday that travel and leisure related stocks have sold off with the general market on macro concerns. The analyst argued that the move may not be fully justified and picked out four names whose fundamentals should be "much less"...
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Credit Suisse Raises TripAdvisor PT, Notes Hotel Shopper/Demand Growth Continues To 'Shine'
Thursday, May 7, 2015 - 10:33am | 240In a report published Thursday, Credit Suisse analyst Stephen Ju commented on Tripadvisor Inc (NASDAQ: TRIP)'s first quarter results in which the company's reported revenue of $363.0 million exceeded his $356.1 million estimate, demonstrating strong growth. Ju noted that the "highlight" of...
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Energy ETFs Surge Into High-Demand Summer Months
Tuesday, June 10, 2014 - 4:05pm | 501With the summer driving season rapidly approaching and growing demand reducing energy stockpiles, the price of crude oil has continued to surge higher. As of Tuesday, the price of West Texas Intermediate Crude Oil was nearing the significant $105 mark, ahead of the Department of Energy...
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Has Priceline Already Seen The Top?
Tuesday, June 3, 2014 - 4:04pm | 783After its recent rally, analysts weighed in on Priceline (NASDAQ: PCLN) on Tuesday. FBR Capital made a cautious call, while Cowen and Company has stepped up to defend the issue. FBR's conclusion was Priceline's “core hotel business is...reaching a state of relative maturity...