CICC Research upgraded shares of Ctrip.Com International (NASDAQ:CTRP) from a hold rating to a buy rating in a report published on Thursday, The Fly reports.
A number of other brokerages have also weighed in on CTRP. Macquarie lowered shares of Ctrip.Com International from an outperform rating to a neutral rating in a report on Friday, May 3rd. BidaskClub lowered shares of Ctrip.Com International from a buy rating to a hold rating in a report on Friday, April 26th. Mizuho reiterated a hold rating on shares of Ctrip.Com International in a report on Tuesday, March 5th. Deutsche Bank upgraded shares of Ctrip.Com International from a hold rating to a buy rating and set a $48.00 price objective for the company in a report on Tuesday, March 5th. Finally, Barclays lifted their price objective on shares of Ctrip.Com International from $38.00 to $48.00 and gave the company an overweight rating in a report on Wednesday, March 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of $43.15.
CTRP stock opened at $35.18 on Thursday. Ctrip.Com International has a 12 month low of $25.00 and a 12 month high of $51.91. The stock has a market cap of $19.03 billion, a P/E ratio of 37.43, a PEG ratio of 1.66 and a beta of 1.52. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.15 and a quick ratio of 1.15.
Ctrip.Com International (NASDAQ:CTRP) last announced its quarterly earnings data on Wednesday, May 22nd. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.22. Ctrip.Com International had a net margin of 4.05% and a return on equity of 4.28%. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter last year, the business posted $0.55 EPS. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. As a group, research analysts expect that Ctrip.Com International will post 1 earnings per share for the current year.
Large investors have recently bought and sold shares of the company. Advisory Services Network LLC raised its holdings in shares of Ctrip.Com International by 500.0% in the 1st quarter. Advisory Services Network LLC now owns 600 shares of the company’s stock valued at $26,000 after purchasing an additional 500 shares in the last quarter. FTB Advisors Inc. bought a new stake in shares of Ctrip.Com International in the 1st quarter valued at about $31,000. Cornerstone Advisors Inc. raised its holdings in shares of Ctrip.Com International by 255.7% in the 1st quarter. Cornerstone Advisors Inc. now owns 818 shares of the company’s stock valued at $36,000 after purchasing an additional 588 shares in the last quarter. Parallel Advisors LLC bought a new stake in shares of Ctrip.Com International in the 4th quarter valued at about $32,000. Finally, First Mercantile Trust Co. bought a new stake in shares of Ctrip.Com International in the 4th quarter valued at about $35,000. Institutional investors and hedge funds own 65.76% of the company’s stock.
Ctrip.Com International Company Profile
Ctrip.com International, Ltd. operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in China. The company acts as an agent for hotel-related transactions and selling air tickets; and provides other related services, including sale of aviation and train insurance, air-ticket delivery services, online check-in, and other value-added services, such as online seat selection, express security check, and real-time flight status.
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