Barclays set a $35.00 target price on Ctrip.Com International (NASDAQ:CTRP) in a report published on Friday morning. The firm currently has a buy rating on the stock.
CTRP has been the topic of a number of other research reports. Zacks Investment Research lowered Ctrip.Com International from a hold rating to a sell rating in a research report on Tuesday, July 31st. ValuEngine lowered Ctrip.Com International from a hold rating to a sell rating in a research report on Thursday. Wells Fargo & Co restated a hold rating on shares of Ctrip.Com International in a research report on Wednesday, October 17th. Credit Suisse Group lowered Ctrip.Com International from an outperform rating to a neutral rating in a research report on Thursday. Finally, UBS Group cut their target price on Ctrip.Com International from $52.82 to $50.00 and set a buy rating on the stock in a research report on Monday, August 13th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of $40.63.
Shares of NASDAQ CTRP traded down $1.76 during trading on Friday, reaching $26.13. The company had a trading volume of 9,926,955 shares, compared to its average volume of 5,839,413. Ctrip.Com International has a 12 month low of $25.78 and a 12 month high of $51.91. The firm has a market capitalization of $18.63 billion, a PE ratio of 44.29, a price-to-earnings-growth ratio of 2.64 and a beta of 1.83. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.33.
Ctrip.Com International (NASDAQ:CTRP) last released its quarterly earnings results on Wednesday, November 7th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.06. Ctrip.Com International had a return on equity of 4.72% and a net margin of 9.73%. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the company posted $0.41 EPS. As a group, analysts forecast that Ctrip.Com International will post 0.87 earnings per share for the current fiscal year.
Several institutional investors have recently made changes to their positions in CTRP. Principal Financial Group Inc. acquired a new position in Ctrip.Com International during the 1st quarter worth approximately $234,000. Ladenburg Thalmann Financial Services Inc. raised its stake in Ctrip.Com International by 1,257.0% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,691 shares of the company’s stock worth $172,000 after buying an additional 3,419 shares during the period. LPL Financial LLC acquired a new position in Ctrip.Com International during the 1st quarter worth approximately $516,000. Xact Kapitalforvaltning AB raised its stake in Ctrip.Com International by 8.5% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 61,591 shares of the company’s stock worth $2,934,000 after buying an additional 4,842 shares during the period. Finally, Trinity Street Asset Management LLP raised its stake in Ctrip.Com International by 5.7% during the 2nd quarter. Trinity Street Asset Management LLP now owns 1,105,916 shares of the company’s stock worth $52,674,000 after buying an additional 59,800 shares during the period. Institutional investors own 66.85% 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 and real-time flight status.
Recommended Story: Trading Strategy
Receive News & Ratings for Ctrip.Com International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ctrip.Com International and related companies with MarketBeat.com's FREE daily email newsletter.