Wall Street Analyst Downgrade Tuniu Corporation [TOUR]. What else is Wall St. saying

Tuniu Corporation [NASDAQ: TOUR] closed the trading session at $2.38 on 06/18/21. The day’s price range saw the stock hit a low of $2.38, while the highest price level was $2.61. The company report on May 24, 2021 that Tuniu to Report First Quarter 2021 Financial Results on June 3, 2021.

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Tuniu Corporation (NASDAQ:TOUR) (“Tuniu” or the “Company”), a leading online leisure travel company in China, announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2021, before the market opens on June 3, 2021.

Tuniu’s management will hold an earnings conference call at 8:00 am U.S. Eastern Time on June 3, 2021 (8:00 pm Beijing/Hong Kong Time on June 3, 2021).

The stocks have a year to date performance of 35.23 percent and weekly performance of -15.30 percent. The stock has been moved at 30.77 percent over the last six months. The stock has performed 2.15 percent around the most recent 30 days and changed -51.63 percent over the most recent 3-months.

If compared to the average trading volume of 805.35K shares, TOUR reached to a volume of 1153524 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Tuniu Corporation [TOUR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TOUR shares is $2.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TOUR stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for Tuniu Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 14, 2018. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on October 11, 2017, representing the official price target for Tuniu Corporation stock.

The Average True Range (ATR) for Tuniu Corporation is set at 0.22, with the Price to Sales ratio for TOUR stock in the period of the last 12 months amounting to 4.42. The Price to Book ratio for the last quarter was 1.37, with the Price to Cash per share for the same quarter was set at 1.88.

TOUR stock trade performance evaluation

Tuniu Corporation [TOUR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.30. With this latest performance, TOUR shares gained by 2.15% in over the last four-week period, additionally plugging by 30.77% over the last 6 months – not to mention a rise of 127.75% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TOUR stock in for the last two-week period is set at 42.04, with the RSI for the last a single of trading hit 37.58, and the three-weeks RSI is set at 43.96 for Tuniu Corporation [TOUR]. The present Moving Average for the last 50 days of trading for this stock 2.69, while it was recorded at 2.68 for the last single week of trading, and 2.31 for the last 200 days.

Tuniu Corporation [TOUR]: An insightful look at the core fundamentals

Tuniu Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

Earnings per share (EPS) analysis for Tuniu Corporation [TOUR] stock

With the latest financial reports released by the company, Tuniu Corporation posted -0.11/share EPS, while the average EPS was predicted by analysts to be reported at -0.06/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -83.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TOUR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tuniu Corporation go to -0.01%.

Tuniu Corporation [TOUR]: Insider Ownership positions

There are presently around $41 million, or 14.60% of TOUR stock, in the hands of institutional investors. The top three institutional holders of TOUR stocks are: YIHENG CAPITAL MANAGEMENT, L.P. with ownership of 6,105,539, which is approximately 0% of the company’s market cap and around 1.68% of the total institutional ownership; MORGAN STANLEY, holding 3,123,087 shares of the stock with an approximate value of $7.43 million in TOUR stocks shares; and DCM HYBRID RMB FUND INTERNATIONAL, LTD., currently with $5.21 million in TOUR stock with ownership of nearly -14.115% of the company’s market capitalization.

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23 institutional holders increased their position in Tuniu Corporation [NASDAQ:TOUR] by around 3,335,264 shares. Additionally, 3 investors decreased positions by around 897,932 shares, while 3 investors held positions by with 12,948,004 shares. The mentioned changes placed institutional holdings at 17,181,200 shares, according to the latest SEC report filing. TOUR stock had 14 new institutional investments in for a total of 3,033,107 shares, while 1 institutional investors sold positions of 1,471 shares during the same period.

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