Ctrip.Com International (NASDAQ:CTRP) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued to investors on Saturday.

A number of other brokerages have also weighed in on CTRP. TheStreet raised Ctrip.Com International from a “c+” rating to a “b-” rating in a research report on Monday, June 18th. Cowen reissued a “buy” rating and issued a $51.00 price target on shares of Ctrip.Com International in a research report on Sunday, July 1st. Zacks Investment Research raised Ctrip.Com International from a “hold” rating to a “strong-buy” rating and set a $56.00 price target for the company in a research report on Monday, June 25th. Barclays reduced their price target on Ctrip.Com International from $54.00 to $50.00 and set an “overweight” rating for the company in a research report on Monday, July 30th. Finally, ValuEngine lowered Ctrip.Com International from a “hold” rating to a “sell” rating in a research report on Friday, August 3rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $49.23.

Shares of NASDAQ CTRP opened at $38.65 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.35 and a quick ratio of 1.35. The firm has a market cap of $20.10 billion, a price-to-earnings ratio of 65.51, a PEG ratio of 1.89 and a beta of 1.76. Ctrip.Com International has a twelve month low of $33.00 and a twelve month high of $55.88.

Ctrip.Com International (NASDAQ:CTRP) last issued its earnings results on Wednesday, September 5th. The company reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.13. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.15 billion. Ctrip.Com International had a return on equity of 4.74% and a net margin of 18.11%. Research analysts expect that Ctrip.Com International will post 0.92 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in CTRP. Dimensional Fund Advisors LP raised its position in shares of Ctrip.Com International by 10.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,017,610 shares of the company’s stock worth $47,441,000 after acquiring an additional 99,519 shares in the last quarter. Principal Financial Group Inc. acquired a new position in Ctrip.Com International during the 1st quarter valued at about $234,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in Ctrip.Com International by 36.2% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 169,300 shares of the company’s stock valued at $7,893,000 after buying an additional 45,000 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Ctrip.Com International by 28.1% during the 1st quarter. The Manufacturers Life Insurance Company now owns 460,704 shares of the company’s stock valued at $21,478,000 after buying an additional 101,053 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. increased its position in Ctrip.Com International by 1,257.0% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,691 shares of the company’s stock valued at $172,000 after buying an additional 3,419 shares in the last quarter. 66.56% of the stock is owned by hedge funds and other 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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Analyst Recommendations for Ctrip.Com International (NASDAQ:CTRP)

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