Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Ctrip.Com International (CTRP) Stock Price
News articles about Ctrip.Com International (NASDAQ:CTRP) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ctrip.Com International earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.3714237226619 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Ctrip.com International, Ltd. (NASDAQ:CTRP) – Historical Performances are Key to Consider – Nasdaq Journal (press release) (nasdaqjournal.com)
- Ctrip.com International, Ltd. (CTRP) Is Standing to Counter Long-Term Compulsion – Stock News Stop (stockmarketstop.com)
- How To Take Control on Your business through this– Ctrip.com International, Ltd. (NASDAQ:CTRP) a Lodging Company – The Stock Street (press release) (thestreetpoint.com)
- Titivates on Volatility and Performance Measure: Ctrip.com International, Ltd. (NASDAQ:CTRP) – Stock News Stop (stockmarketstop.com)
- Ctrip.com (CTRP) Reports Strategic Partnership Agreement with Big Bus Tours – StreetInsider.com (streetinsider.com)
A number of brokerages have recently issued reports on CTRP. Cowen reiterated a “buy” rating and set a $53.00 price target (down previously from $60.00) on shares of Ctrip.Com International in a research report on Monday, August 28th. Zacks Investment Research downgraded Ctrip.Com International from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Bank of America restated a “buy” rating and issued a $58.00 target price on shares of Ctrip.Com International in a research report on Sunday, September 3rd. TheStreet upgraded Ctrip.Com International from a “c+” rating to a “b” rating in a research report on Thursday, November 2nd. Finally, Barclays assumed coverage on Ctrip.Com International in a research report on Monday, October 9th. They issued an “overweight” rating and a $62.00 target price for the company. Five research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $57.82.
Shares of Ctrip.Com International (NASDAQ CTRP) traded down $0.42 during mid-day trading on Wednesday, reaching $46.25. The company’s stock had a trading volume of 5,398,120 shares, compared to its average volume of 4,174,935. 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 12-month low of $39.71 and a 12-month high of $60.65. The company has a market capitalization of $24,450.75, a P/E ratio of 79.40 and a beta of 1.79.
Ctrip.Com International (NASDAQ:CTRP) last announced its quarterly earnings data on Wednesday, August 30th. The company reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.11). Ctrip.Com International had a net margin of 8.92% and a return on equity of 2.92%. The company had revenue of $946.38 million during the quarter, compared to the consensus estimate of $929.55 million. During the same quarter in the previous year, the firm posted $0.02 EPS. The business’s revenue for the quarter was up 42.5% compared to the same quarter last year. equities analysts forecast that Ctrip.Com International will post 0.45 EPS for the current year.
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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