Ctrip (NASDAQ:CTRP) announced its earnings results on Wednesday, March 14th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.02), Briefing.com reports. The company had revenue of $987.54 million for the quarter, compared to analysts’ expectations of $1 billion. Ctrip had a net margin of 8.00% and a return on equity of 2.64%. The business’s quarterly revenue was up 35.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.32 earnings per share.
Shares of NASDAQ CTRP opened at $44.80 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.40. The firm has a market capitalization of $23,465.33, a P/E ratio of 75.93, a P/E/G ratio of 4.41 and a beta of 1.80. Ctrip has a 52-week low of $42.65 and a 52-week high of $60.65.
A number of research analysts recently issued reports on the company. BidaskClub lowered Ctrip from a “buy” rating to a “hold” rating in a research report on Friday. Oppenheimer restated a “buy” rating and set a $53.00 price objective on shares of Ctrip in a research report on Tuesday, December 12th. Deutsche Bank began coverage on Ctrip in a research note on Monday, February 5th. They set a “hold” rating and a $50.00 target price on the stock. TheStreet raised Ctrip from a “c+” rating to a “b-” rating in a research note on Monday, March 12th. Finally, Wells Fargo began coverage on Ctrip in a research note on Tuesday, January 30th. They set a “market perform” rating and a $50.00 target price on the stock. Ten analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $55.50.
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Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in the People's Republic of China. The company operates as an agent for hotel-related transactions; sells air tickets; and 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 and flight dynamics.
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