Ctrip.Com International (NASDAQ:CTRP) released its quarterly earnings results on Monday. The company reported $0.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.04, Morningstar.com reports. The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Ctrip.Com International had a net margin of 14.70% and a return on equity of 3.61%. The business’s revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.29 EPS.
Shares of NASDAQ CTRP traded down $1.38 during mid-day trading on Tuesday, reaching $33.73. The company had a trading volume of 293,086 shares, compared to its average volume of 3,858,769. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.14 and a current ratio of 1.14. Ctrip.Com International has a one year low of $25.00 and a one year high of $46.50. The firm has a market cap of $18.89 billion, a price-to-earnings ratio of 36.16, a PEG ratio of 2.55 and a beta of 1.64. The business’s 50-day simple moving average is $34.78 and its 200 day simple moving average is $38.04.
Several research firms have recently commented on CTRP. Benchmark decreased their target price on Ctrip.Com International from $48.00 to $46.00 and set a “buy” rating on the stock in a research report on Tuesday. Daiwa Capital Markets raised Ctrip.Com International from an “underperform” rating to an “outperform” rating in a report on Thursday, May 23rd. Morgan Stanley downgraded Ctrip.Com International from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $43.00 to $35.00 in a research note on Tuesday. Oppenheimer decreased their price objective on Ctrip.Com International from $46.00 to $44.00 and set an “outperform” rating on the stock in a report on Tuesday. Finally, Zacks Investment Research lowered Ctrip.Com International from a “buy” rating to a “hold” rating in a report on Tuesday, July 23rd. Eight equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $42.25.
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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