Wall Street brokerages expect Ctrip.Com International Ltd (NASDAQ:CTRP) to report earnings of $0.04 per share for the current quarter, according to Zacks. Three analysts have made estimates for Ctrip.Com International’s earnings, with the lowest EPS estimate coming in at ($0.06) and the highest estimate coming in at $0.21. Ctrip.Com International reported earnings per share of $0.24 in the same quarter last year, which would suggest a negative year over year growth rate of 83.3%. The firm is expected to issue its next quarterly earnings results on Wednesday, March 13th.
On average, analysts expect that Ctrip.Com International will report full year earnings of $1.16 per share for the current fiscal year, with EPS estimates ranging from $1.14 to $1.18. For the next financial year, analysts expect that the company will post earnings of $1.08 per share, with EPS estimates ranging from $0.68 to $1.45. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Ctrip.Com International.
Ctrip.Com International (NASDAQ:CTRP) last announced its quarterly earnings results on Wednesday, November 7th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.06. Ctrip.Com International had a return on equity of 4.78% and a net margin of 9.73%. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the firm posted $0.41 EPS.
A number of brokerages have issued reports on CTRP. BidaskClub upgraded Ctrip.Com International from a “strong sell” rating to a “sell” rating in a research report on Tuesday, November 27th. ValuEngine upgraded Ctrip.Com International from a “sell” rating to a “hold” rating in a research report on Wednesday, November 21st. Nomura lowered Ctrip.Com International from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $49.00 to $36.00 in a research report on Friday, November 9th. Daiwa Capital Markets lowered Ctrip.Com International from a “buy” rating to an “underperform” rating and reduced their price target for the stock from $45.00 to $30.00 in a research report on Thursday, November 8th. Finally, Credit Suisse Group lowered Ctrip.Com International from an “outperform” rating to a “neutral” rating in a research report on Thursday, November 8th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $42.25.
CTRP stock traded up $0.19 during trading on Friday, reaching $29.17. 97,246 shares of the company’s stock were exchanged, compared to its average volume of 7,286,551. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.22 and a current ratio of 1.22. Ctrip.Com International has a 1-year low of $25.00 and a 1-year high of $51.91. The firm has a market capitalization of $16.02 billion, a PE ratio of 49.36, a price-to-earnings-growth ratio of 2.50 and a beta of 1.86.
Several institutional investors have recently made changes to their positions in CTRP. Principal Financial Group Inc. acquired a new stake in shares of Ctrip.Com International in the first quarter valued at $234,000. Aperio Group LLC lifted its holdings in shares of Ctrip.Com International by 2.0% in the second quarter. Aperio Group LLC now owns 136,593 shares of the company’s stock valued at $6,506,000 after buying an additional 2,713 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Ctrip.Com International in the second quarter valued at $476,000. Comerica Bank lifted its holdings in shares of Ctrip.Com International by 54.2% in the second quarter. Comerica Bank now owns 181,489 shares of the company’s stock valued at $8,076,000 after buying an additional 63,826 shares during the period. Finally, Aviva PLC lifted its holdings in shares of Ctrip.Com International by 2.9% in the second quarter. Aviva PLC now owns 98,500 shares of the company’s stock valued at $4,692,000 after buying an additional 2,800 shares during the period. Institutional investors and hedge funds own 64.85% 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.
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