Ctrip.Com International (NASDAQ:CTRP) has been given a $24.00 price target by equities research analysts at Deutsche Bank in a report released on Thursday. The brokerage currently has a “hold” rating on the stock. Deutsche Bank’s target price would suggest a potential downside of 8.15% from the stock’s current price.
Other equities analysts have also issued research reports about the stock. Zacks Investment Research raised shares of Ctrip.Com International from a “sell” rating to a “hold” rating in a report on Wednesday, September 12th. UBS Group reduced their target price on shares of Ctrip.Com International from $52.82 to $50.00 and set a “buy” rating on the stock in a report on Monday, August 13th. Barclays reduced their target price on shares of Ctrip.Com International from $54.00 to $50.00 and set an “overweight” rating on the stock in a report on Monday, July 30th. ValuEngine lowered shares of Ctrip.Com International from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. Finally, Bank of America reduced their target price on shares of Ctrip.Com International from $54.00 to $50.00 and set a “buy” rating on the stock in a report on Friday, September 14th. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $40.63.
Shares of NASDAQ:CTRP traded down $1.76 during trading on Thursday, reaching $26.13. The company had a trading volume of 9,926,955 shares, compared to its average volume of 5,839,413. The firm has a market capitalization of $18.63 billion, a price-to-earnings ratio of 44.29, a PEG ratio of 2.64 and a beta of 1.83. Ctrip.Com International has a 12 month low of $25.78 and a 12 month high of $51.91. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.35 and a quick ratio of 1.35.
Ctrip.Com International (NASDAQ:CTRP) last issued its quarterly earnings results on Wednesday, November 7th. The company reported $0.31 EPS for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.06. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.34 billion. Ctrip.Com International had a net margin of 9.73% and a return on equity of 4.72%. During the same quarter in the prior year, the firm earned $0.41 EPS. As a group, equities research analysts expect that Ctrip.Com International will post 0.87 EPS for the current year.
Hedge funds have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. bought a new stake in Ctrip.Com International in the 1st quarter worth $234,000. Ladenburg Thalmann Financial Services Inc. grew its holdings in Ctrip.Com International by 1,257.0% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,691 shares of the company’s stock worth $172,000 after acquiring an additional 3,419 shares during the last quarter. LPL Financial LLC bought a new stake in Ctrip.Com International in the 1st quarter worth $516,000. Brown Advisory Inc. grew its holdings in Ctrip.Com International by 56.5% in the 1st quarter. Brown Advisory Inc. now owns 15,723 shares of the company’s stock worth $733,000 after acquiring an additional 5,676 shares during the last quarter. Finally, Hexavest Inc. bought a new stake in Ctrip.Com International in the 2nd quarter worth $1,622,000. 66.85% of the stock is currently owned by institutional investors.
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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