UBS Group Analysts Give Ctrip.Com International (NASDAQ:CTRP) a $40.00 Price Target

Ctrip.Com International (NASDAQ:CTRP) received a $40.00 target price from investment analysts at UBS Group in a research note issued on Tuesday, TipRanks reports. The firm presently has a “hold” rating on the stock. UBS Group’s price target would suggest a potential upside of 10.74% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. Nomura set a $37.00 target price on Ctrip.Com International and gave the company a “hold” rating in a research note on Tuesday. Barclays lowered their price target on shares of Ctrip.Com International from $45.00 to $41.00 and set an “overweight” rating for the company in a research report on Wednesday. BidaskClub raised shares of Ctrip.Com International from a “sell” rating to a “hold” rating in a report on Tuesday, June 11th. Benchmark cut their price objective on shares of Ctrip.Com International from $48.00 to $46.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Credit Suisse Group upgraded shares of Ctrip.Com International from a “neutral” rating to an “outperform” rating and set a $37.20 price objective on the stock in a research report on Tuesday, July 16th. Eight research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $41.78.

Shares of NASDAQ:CTRP traded up $1.95 during trading on Tuesday, hitting $36.12. 6,816,730 shares of the company traded hands, compared to its average volume of 4,461,765. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.27. The business’s fifty day moving average is $34.62 and its 200-day moving average is $38.06. The stock has a market capitalization of $18.99 billion, a price-to-earnings ratio of 38.43, a PEG ratio of 2.56 and a beta of 1.64. Ctrip.Com International has a one year low of $25.00 and a one year high of $46.50.



Ctrip.Com International (NASDAQ:CTRP) last announced its quarterly earnings results on Monday, September 9th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.04. Ctrip.Com International had a return on equity of 3.94% and a net margin of 5.79%. The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter last year, the business posted $0.29 EPS. The business’s revenue was up 13.9% on a year-over-year basis. On average, analysts forecast that Ctrip.Com International will post 0.91 EPS for the current year.

A number of hedge funds have recently bought and sold shares of the stock. River & Mercantile Asset Management LLP bought a new stake in shares of Ctrip.Com International during the 2nd quarter worth about $6,601,000. Van Berkom & Associates Inc. boosted its holdings in shares of Ctrip.Com International by 3.4% in the second quarter. Van Berkom & Associates Inc. now owns 119,019 shares of the company’s stock valued at $4,393,000 after acquiring an additional 3,968 shares in the last quarter. Atria Investments LLC bought a new position in shares of Ctrip.Com International in the second quarter valued at approximately $1,270,000. Nomura Holdings Inc. increased its stake in shares of Ctrip.Com International by 190.4% during the second quarter. Nomura Holdings Inc. now owns 248,856 shares of the company’s stock valued at $9,590,000 after acquiring an additional 163,160 shares during the period. Finally, Natixis acquired a new position in shares of Ctrip.Com International during the second quarter valued at approximately $254,000. 62.56% of the stock is owned by institutional investors and hedge funds.

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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Analyst Recommendations for Ctrip.Com International (NASDAQ:CTRP)

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