Weekly Investment Analysts’ Ratings Updates for Ctrip.Com International (CTRP)

Ctrip.Com International (NASDAQ: CTRP) has recently received a number of price target changes and ratings updates:

  • 6/8/2018 – Ctrip.Com International was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 5/25/2018 – Ctrip.Com International was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 5/23/2018 – Ctrip.Com International had its price target raised by analysts at Oppenheimer Holdings Inc. from $51.00 to $54.00. They now have an “outperform” rating on the stock.
  • 5/23/2018 – Ctrip.Com International was given a new $54.00 price target on by analysts at Barclays PLC. They now have a “buy” rating on the stock.
  • 5/22/2018 – Ctrip.Com International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Ctrip.com International, Ltd. is a leading travel service provider of hotel accommodations, airline tickets and packaged-tours in China. Ctrip aggregates information on hotels and flights and enables customers to make informed and cost-effective hotel and flight bookings. Ctrip targets primarily business and leisure travelers in China who do not travel in group. These travelers form a traditionally under-served yet fast-growing segment of the China travel industry. Ctrip has experienced substantial growth and become one of the best-known travel brands in China. “
  • 5/21/2018 – Ctrip.Com International was upgraded by analysts at TH Capital from a “hold” rating to a “buy” rating. They now have a $50.00 price target on the stock.
  • 5/16/2018 – Ctrip.Com International was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 5/15/2018 – Ctrip.Com International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Ctrip.com International, Ltd. is a leading travel service provider of hotel accommodations, airline tickets and packaged-tours in China. Ctrip aggregates information on hotels and flights and enables customers to make informed and cost-effective hotel and flight bookings. Ctrip targets primarily business and leisure travelers in China who do not travel in group. These travelers form a traditionally under-served yet fast-growing segment of the China travel industry. Ctrip has experienced substantial growth and become one of the best-known travel brands in China. “
  • 5/10/2018 – Ctrip.Com International was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 5/4/2018 – Ctrip.Com International was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 4/28/2018 – Ctrip.Com International was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 4/20/2018 – Ctrip.Com International was downgraded by analysts at TheStreet from a “b-” rating to a “c+” rating.
  • 4/19/2018 – Ctrip.Com International had its “buy” rating reaffirmed by analysts at Barclays PLC. They now have a $52.00 price target on the stock.
  • 4/17/2018 – Ctrip.Com International was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

Shares of Ctrip.Com International opened at $50.31 on Wednesday, according to MarketBeat Ratings. Ctrip.Com International Ltd has a 1 year low of $40.13 and a 1 year high of $60.65. The company has a market cap of $26.75 billion, a P/E ratio of 85.27, a PEG ratio of 3.39 and a beta of 1.74. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.33.

Ctrip.Com International (NASDAQ:CTRP) last announced its earnings results on Tuesday, May 22nd. The company reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.44. Ctrip.Com International had a net margin of 11.40% and a return on equity of 4.55%. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.04 billion. sell-side analysts anticipate that Ctrip.Com International Ltd will post 0.91 earnings per share for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of 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 valued at $172,000 after purchasing an additional 3,419 shares during the last quarter. Baldwin Investment Management LLC acquired a new position in shares of Ctrip.Com International in the 1st quarter valued at $208,000. Point72 Asia Hong Kong Ltd boosted its holdings in shares of Ctrip.Com International by 3,674.8% in the 1st quarter. Point72 Asia Hong Kong Ltd now owns 4,492 shares of the company’s stock valued at $209,000 after purchasing an additional 4,373 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in shares of Ctrip.Com International by 46.3% in the 1st quarter. IHT Wealth Management LLC now owns 4,633 shares of the company’s stock valued at $212,000 after purchasing an additional 1,467 shares during the last quarter. Finally, MetLife Investment Advisors LLC acquired a new position in shares of Ctrip.Com International in the 4th quarter valued at $212,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in the People's Republic of China. The company operates as an agent for hotel-related transactions; sells air tickets; and 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 flight dynamics.

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