Ctrip.com (CTRP), China’s leading travel site, is having having a tough time competing against last year’s high expectations. Travel is coming in below plan, and that’s holding back this stock.
Ctrip.com (CTRP) is experiencing travel delays. The company slightly-lowered earnings estimates for this year and next. I’m not so hot on this stock — Travelzoo (TZOO) is better.
Last quarter, I thought Ctrip.com (CTRP) was “an expensive trip”. That was then (P/E of 51), this is now (P/E 37). So CTRP has gone from expensive to slightly undervalued. Upside for long-term investors is
Ctrip.com (CTRP) broke out to an all-time high last month. Usually that bodes well for a stock — but right now Ctrip is one expensive trip.
