Equities research analysts expect Ctrip.Com International Ltd (NASDAQ:CTRP) to post $970.64 million in sales for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Ctrip.Com International’s earnings. The highest sales estimate is $994.90 million and the lowest is $954.60 million. Ctrip.Com International reported sales of $729.84 million during the same quarter last year, which indicates a positive year over year growth rate of 33%. The company is expected to announce its next earnings results on Wednesday, February 28th.
On average, analysts expect that Ctrip.Com International will report full-year sales of $970.64 million for the current year, with estimates ranging from $3.96 billion to $4.14 billion. For the next fiscal year, analysts forecast that the firm will report sales of $4.93 billion per share, with estimates ranging from $4.75 billion to $5.31 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover Ctrip.Com International.
Ctrip.Com International (NASDAQ:CTRP) last released its earnings results on Wednesday, November 1st. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.26. Ctrip.Com International had a return on equity of 2.92% and a net margin of 8.92%.
CTRP has been the subject of a number of analyst reports. TheStreet raised Ctrip.Com International from a “c+” rating to a “b” rating in a research report on Thursday, November 2nd. Oppenheimer reissued a “buy” rating and set a $53.00 price objective on shares of Ctrip.Com International in a research report on Tuesday, December 12th. Cowen reissued a “buy” rating and set a $57.00 price objective on shares of Ctrip.Com International in a research report on Sunday, October 8th. Benchmark lowered their price objective on Ctrip.Com International from $58.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, November 2nd. Finally, Zacks Investment Research raised Ctrip.Com International from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. Ctrip.Com International presently has an average rating of “Buy” and a consensus price target of $56.91.
Ctrip.Com International (NASDAQ:CTRP) opened at $46.85 on Friday. Ctrip.Com International has a 52-week low of $42.53 and a 52-week high of $60.65. The company has a market capitalization of $24,045.29, a PE ratio of 78.08 and a beta of 1.75. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.51 and a current ratio of 1.51.
A number of hedge funds have recently bought and sold shares of CTRP. Rational Advisors LLC purchased a new stake in Ctrip.Com International during the third quarter worth approximately $111,000. Private Advisor Group LLC purchased a new stake in Ctrip.Com International during the third quarter worth approximately $212,000. Bank Pictet & Cie Asia Ltd. purchased a new stake in Ctrip.Com International during the third quarter worth approximately $234,000. Intl Fcstone Inc. purchased a new stake in Ctrip.Com International during the second quarter worth approximately $246,000. Finally, Fieldpoint Private Securities LLC purchased a new stake in Ctrip.Com International during the third quarter worth approximately $263,000. Hedge funds and other institutional investors own 68.38% of the company’s stock.
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Ctrip.Com International Company Profile
Ctrip.com International, Ltd. (Ctrip) is a travel service provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The Company aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements.
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