Ctrip.Com International (CTRP) Stock Rating Reaffirmed by UBS Group

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UBS Group restated their neutral rating on shares of Ctrip.Com International (NASDAQ:CTRP) in a report issued on Friday, www.benzinga.com reports.

Several other equities research analysts also recently weighed in on CTRP. BidaskClub downgraded Ctrip.Com International from a sell rating to a strong sell rating in a report on Friday, July 20th. Zacks Investment Research downgraded Ctrip.Com International from a buy rating to a hold rating in a report on Tuesday, July 24th. Barclays cut their price target on 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 downgraded Ctrip.Com International from a hold rating to a sell rating in a report on Friday, August 3rd. Finally, TheStreet downgraded Ctrip.Com International from a b- rating to a c+ rating in a report on Friday, August 17th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average target price of $40.63.

NASDAQ CTRP traded down $1.76 during trading hours on Friday, hitting $26.13. 9,926,955 shares of the company were exchanged, compared to its average volume of 5,839,413. 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 has a 52-week low of $25.78 and a 52-week high of $51.91. The company has a market cap of $18.63 billion, a price-to-earnings ratio of 44.29, a price-to-earnings-growth ratio of 2.64 and a beta of 1.83.

Ctrip.Com International (NASDAQ:CTRP) last issued its quarterly earnings results on Wednesday, November 7th. The company reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.06. Ctrip.Com International had a return on equity of 4.72% and a net margin of 9.73%. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the business earned $0.41 EPS. Equities research analysts anticipate that Ctrip.Com International will post 0.87 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Baldwin Investment Management LLC increased its holdings in shares of Ctrip.Com International by 44.8% in the 3rd quarter. Baldwin Investment Management LLC now owns 6,466 shares of the company’s stock valued at $240,000 after acquiring an additional 2,000 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Ctrip.Com International by 9.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 128,144 shares of the company’s stock valued at $4,763,000 after acquiring an additional 10,881 shares during the last quarter. Rafferty Asset Management LLC increased its holdings in shares of Ctrip.Com International by 53.1% in the 3rd quarter. Rafferty Asset Management LLC now owns 50,445 shares of the company’s stock valued at $1,875,000 after acquiring an additional 17,497 shares during the last quarter. American International Group Inc. increased its holdings in shares of Ctrip.Com International by 26.0% in the 3rd quarter. American International Group Inc. now owns 33,516 shares of the company’s stock valued at $1,246,000 after acquiring an additional 6,913 shares during the last quarter. Finally, BlackRock Inc. increased its holdings in shares of Ctrip.Com International by 5.6% in the 3rd quarter. BlackRock Inc. now owns 18,095,688 shares of the company’s stock valued at $672,619,000 after acquiring an additional 967,607 shares during the last quarter. Institutional investors and hedge funds own 66.85% of the company’s stock.

About Ctrip.Com International

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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