Wall Street analysts expect Ctrip.com International, Ltd. (NASDAQ:CTRP) to announce earnings of $0.23 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Ctrip.com International’s earnings. The highest EPS estimate is $0.24 and the lowest is $0.23. Ctrip.com International posted earnings of $0.01 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 2,200%. The business is expected to announce its next earnings report on Wednesday, November 22nd.

According to Zacks, analysts expect that Ctrip.com International will report full year earnings of $0.77 per share for the current fiscal year, with EPS estimates ranging from $0.75 to $0.80. For the next fiscal year, analysts expect that the firm will post earnings of $1.33 per share, with EPS estimates ranging from $1.31 to $1.36. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Ctrip.com International.

Ctrip.com International (NASDAQ:CTRP) last issued its quarterly earnings results on Wednesday, August 30th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.11). Ctrip.com International had a return on equity of 1.41% and a net margin of 4.56%. The business had revenue of $946.38 million during the quarter, compared to analysts’ expectations of $929.55 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. The company’s quarterly revenue was up 42.5% compared to the same quarter last year.

Several analysts have recently commented on the stock. Zacks Investment Research lowered shares of Ctrip.com International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Cowen and Company reaffirmed a “buy” rating and set a $60.00 price target on shares of Ctrip.com International in a research report on Wednesday, July 19th. ValuEngine raised shares of Ctrip.com International from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub lowered shares of Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 14th. Finally, Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $62.00 price target on shares of Ctrip.com International in a research report on Thursday, August 31st. Six investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Ctrip.com International presently has a consensus rating of “Buy” and an average target price of $57.91.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the business. IHT Wealth Management LLC raised its position in Ctrip.com International by 0.5% in the first quarter. IHT Wealth Management LLC now owns 3,202 shares of the company’s stock valued at $157,000 after purchasing an additional 15 shares during the period. Benjamin F. Edwards & Company Inc. raised its position in Ctrip.com International by 1.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,646 shares of the company’s stock valued at $143,000 after purchasing an additional 46 shares during the period. American International Group Inc. raised its position in Ctrip.com International by 0.3% in the first quarter. American International Group Inc. now owns 23,512 shares of the company’s stock valued at $1,156,000 after purchasing an additional 63 shares during the period. Baldwin Investment Management LLC raised its position in Ctrip.com International by 2.0% in the second quarter. Baldwin Investment Management LLC now owns 4,283 shares of the company’s stock valued at $231,000 after purchasing an additional 85 shares during the period. Finally, Rathbone Brothers plc raised its position in Ctrip.com International by 2.8% in the second quarter. Rathbone Brothers plc now owns 4,255 shares of the company’s stock valued at $229,000 after purchasing an additional 115 shares during the period. 67.62% of the stock is currently owned by institutional investors.

Shares of Ctrip.com International (CTRP) traded up 1.16% during midday trading on Wednesday, hitting $52.99. The stock had a trading volume of 5,822,425 shares. The firm’s 50 day moving average price is $54.16 and its 200 day moving average price is $52.81. Ctrip.com International has a 52-week low of $39.71 and a 52-week high of $60.65.

Ctrip.com International Company Profile

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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Earnings History and Estimates for Ctrip.com International (NASDAQ:CTRP)

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