Zacks Investment Research downgraded shares of TUI AG/ADR (OTCMKTS:TUIFY) from a hold rating to a sell rating in a research note published on Saturday, Zacks.com reports.
According to Zacks, “TUI AG provides tourism services. It offers booking of flights, private jet, hotel accommodation and other tourism services; hotel and apartment accommodation to wholesale customers. The company also provides tour operator services for student trips and language courses, travel experiences and adventures, charter yachts, and skiing and other sporting tours. TUI AG is headquartered in Hanover, Germany. “
Other equities research analysts have also issued reports about the stock. Commerzbank upgraded shares of TUI AG/ADR from a hold rating to a buy rating in a research note on Tuesday, May 19th. Morgan Stanley lowered shares of TUI AG/ADR from an equal weight rating to an underweight rating in a research note on Thursday, May 7th. Finally, ValuEngine upgraded shares of TUI AG/ADR from a hold rating to a buy rating in a research note on Thursday, May 14th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of $3.25.
Shares of TUIFY stock opened at $2.36 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.55 and a debt-to-equity ratio of 1.71. TUI AG/ADR has a 1 year low of $1.48 and a 1 year high of $6.96. The firm’s fifty day moving average price is $2.43 and its two-hundred day moving average price is $3.74. The firm has a market capitalization of $2.59 billion, a P/E ratio of -18.15 and a beta of 1.35.
TUI AG/ADR (OTCMKTS:TUIFY) last issued its quarterly earnings results on Wednesday, May 13th. The company reported ($0.72) earnings per share (EPS) for the quarter. TUI AG/ADR had a negative net margin of 0.53% and a negative return on equity of 2.80%. The business had revenue of $3.08 billion during the quarter. As a group, equities research analysts forecast that TUI AG/ADR will post -1.56 EPS for the current fiscal year.
TUI AG/ADR Company Profile
TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates hotels and resorts under the Robinson, Riu, TUI Blue, and TUI Magic Life brands, as well as involved in the tour operation and airlines businesses. The company also operates cruise liners; and provides incoming agency services.
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