Brokerages expect Ctrip.Com International Ltd (NASDAQ:CTRP) to report $0.16 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Ctrip.Com International’s earnings. The highest EPS estimate is $0.18 and the lowest is $0.15. Ctrip.Com International reported earnings of $0.17 per share during the same quarter last year, which would indicate a negative year over year growth rate of 5.9%. The company is expected to report its next quarterly earnings report on Wednesday, February 28th.
On average, analysts expect that Ctrip.Com International will report full year earnings of $0.96 per share for the current financial year, with EPS estimates ranging from $0.95 to $0.98. For the next year, analysts expect that the business will post earnings of $1.08 per share, with EPS estimates ranging from $0.98 to $1.17. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Ctrip.Com International.
CTRP has been the topic of several recent analyst reports. Cowen reissued a “buy” rating and issued a $57.00 target price on shares of Ctrip.Com International in a report on Sunday, October 8th. Barclays initiated coverage on shares of Ctrip.Com International in a report on Monday, October 9th. They issued an “overweight” rating and a $62.00 target price on the stock. Zacks Investment Research lowered shares of Ctrip.Com International from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Oppenheimer reissued a “buy” rating and issued a $58.00 target price (down from $62.00) on shares of Ctrip.Com International in a report on Tuesday, October 31st. Finally, Benchmark decreased their target price on shares of Ctrip.Com International from $58.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $56.33.
Several institutional investors have recently made changes to their positions in CTRP. Rational Advisors LLC acquired a new stake in Ctrip.Com International during the 3rd quarter worth approximately $111,000. Private Advisor Group LLC acquired a new stake in Ctrip.Com International during the 3rd quarter worth approximately $212,000. Bank Pictet & Cie Asia Ltd. acquired a new stake in Ctrip.Com International during the 3rd quarter worth approximately $234,000. Intl Fcstone Inc. acquired a new stake in Ctrip.Com International during the 2nd quarter worth approximately $246,000. Finally, Fieldpoint Private Securities LLC acquired a new stake in Ctrip.Com International during the 3rd quarter worth approximately $263,000. 68.79% of the stock is currently owned by institutional investors.
Ctrip.Com International (CTRP) opened at $46.87 on Monday. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. Ctrip.Com International has a 1-year low of $42.53 and a 1-year high of $60.65. The company has a market cap of $24,055.56, a PE ratio of 78.12 and a beta of 1.90.
About Ctrip.Com International
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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