UBS Group set a $40.00 price target on Ctrip.Com International (NASDAQ:CTRP) in a research note published on Tuesday, TipRanks reports. The firm currently has a hold rating on the stock.
Several other analysts have also recently issued reports on CTRP. BidaskClub upgraded Ctrip.Com International from a sell rating to a hold rating in a research note on Tuesday, June 11th. Bank of America reduced their price objective on Ctrip.Com International from $49.00 to $43.00 and set a buy rating on the stock in a research note on Wednesday. Jefferies Financial Group started coverage on Ctrip.Com International in a research note on Monday, August 5th. They issued a buy rating and a $47.50 price objective on the stock. Oppenheimer reduced their price objective on Ctrip.Com International from $46.00 to $44.00 and set an outperform rating on the stock in a research note on Tuesday. Finally, Zacks Investment Research cut Ctrip.Com International from a buy rating to a hold rating in a research note on Tuesday, July 23rd. Eight equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Ctrip.Com International currently has a consensus rating of Buy and an average price target of $41.68.
Ctrip.Com International stock traded up $0.87 during mid-day trading on Tuesday, hitting $35.70. The company’s stock had a trading volume of 544,926 shares, compared to its average volume of 4,151,854. The firm has a market capitalization of $19.36 billion, a PE ratio of 37.98, a price-to-earnings-growth ratio of 2.57 and a beta of 1.64. Ctrip.Com International has a 1 year low of $25.00 and a 1 year high of $46.50. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.27. The stock’s fifty day moving average is $34.62 and its two-hundred day moving average is $38.06.
Ctrip.Com International (NASDAQ:CTRP) last issued its quarterly earnings data on Monday, September 9th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.25 billion. Ctrip.Com International had a return on equity of 3.94% and a net margin of 5.79%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.29 earnings per share. On average, equities analysts expect that Ctrip.Com International will post 0.89 EPS for the current fiscal year.
A number of institutional investors have recently bought and sold shares of CTRP. Advisors Asset Management Inc. grew its stake in shares of Ctrip.Com International by 9.1% during the 1st quarter. Advisors Asset Management Inc. now owns 4,610 shares of the company’s stock valued at $201,000 after buying an additional 384 shares during the period. United Services Automobile Association boosted its position in Ctrip.Com International by 0.4% during the 2nd quarter. United Services Automobile Association now owns 125,683 shares of the company’s stock worth $4,639,000 after purchasing an additional 467 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in Ctrip.Com International by 0.3% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 191,000 shares of the company’s stock worth $8,345,000 after purchasing an additional 500 shares during the period. Advisory Services Network LLC boosted its position in Ctrip.Com International by 500.0% during the 1st quarter. Advisory Services Network LLC now owns 600 shares of the company’s stock worth $26,000 after purchasing an additional 500 shares during the period. Finally, Cornerstone Advisors Inc. boosted its position in Ctrip.Com International by 255.7% during the 1st quarter. Cornerstone Advisors Inc. now owns 818 shares of the company’s stock worth $36,000 after purchasing an additional 588 shares during the period. Institutional investors own 62.56% 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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