Ctrip.Com International (NASDAQ:CTRP) announced its earnings results on Monday. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.04, Morningstar.com reports. Ctrip.Com International had a net margin of 5.79% and a return on equity of 3.94%. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the previous year, the company posted $0.29 EPS. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis.

NASDAQ CTRP opened at $36.12 on Thursday. Ctrip.Com International has a 12 month low of $25.00 and a 12 month high of $46.50. The company has a 50-day moving average of $34.62 and a 200-day moving average of $38.06. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market cap of $18.99 billion, a P/E ratio of 38.43, a P/E/G ratio of 2.56 and a beta of 1.64.

Several brokerages recently weighed in on CTRP. Morgan Stanley downgraded shares of Ctrip.Com International from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $43.00 to $35.00 in a research note on Tuesday. Jefferies Financial Group began coverage on shares of Ctrip.Com International in a research note on Monday, August 5th. They issued a “buy” rating and a $47.50 target price for the company. Benchmark cut their target price on shares of Ctrip.Com International from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Tuesday. Oppenheimer cut their target price on shares of Ctrip.Com International from $46.00 to $44.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Daiwa Capital Markets raised shares of Ctrip.Com International from an “underperform” rating to an “outperform” rating in a research note on Thursday, May 23rd. Eight investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $41.78.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wasatch Advisors Inc. increased its stake in shares of Ctrip.Com International by 3.8% during the 1st quarter. Wasatch Advisors Inc. now owns 1,580,300 shares of the company’s stock valued at $69,043,000 after acquiring an additional 57,401 shares during the last quarter. KBC Group NV increased its stake in shares of Ctrip.Com International by 29.0% during the 2nd quarter. KBC Group NV now owns 141,538 shares of the company’s stock valued at $5,224,000 after acquiring an additional 31,842 shares during the last quarter. Kontiki Capital Management HK Ltd. increased its stake in shares of Ctrip.Com International by 6.1% during the 1st quarter. Kontiki Capital Management HK Ltd. now owns 2,446,840 shares of the company’s stock valued at $106,902,000 after acquiring an additional 140,300 shares during the last quarter. Bank of Montreal Can increased its stake in shares of Ctrip.Com International by 78.8% during the 2nd quarter. Bank of Montreal Can now owns 1,107,919 shares of the company’s stock valued at $40,893,000 after acquiring an additional 488,105 shares during the last quarter. Finally, AIA Group Ltd acquired a new position in shares of Ctrip.Com International during the 2nd quarter valued at about $21,153,000. 62.56% of the stock is owned by institutional investors.

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, express security check, and real-time flight status.

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Earnings History for Ctrip.Com International (NASDAQ:CTRP)

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