Ctrip.Com International (CTRP) Getting Somewhat Positive Press Coverage, Analysis Finds

News articles about Ctrip.Com International (NASDAQ:CTRP) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ctrip.Com International earned a news impact score of 0.09 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.9364053265797 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

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Several equities research analysts recently weighed in on CTRP shares. Oppenheimer reaffirmed an “outperform” rating and issued a $53.00 price objective on shares of Ctrip.Com International in a report on Friday, January 26th. JPMorgan Chase & Co. downgraded shares of Ctrip.Com International from an “overweight” rating to a “neutral” rating and set a $45.00 price objective for the company. in a report on Thursday, December 7th. BidaskClub downgraded shares of Ctrip.Com International from a “sell” rating to a “strong sell” rating in a report on Saturday, December 9th. Deutsche Bank started coverage on shares of Ctrip.Com International in a report on Monday, February 5th. They issued a “hold” rating and a $50.00 price objective for the company. Finally, TheStreet downgraded shares of Ctrip.Com International from a “b” rating to a “c+” rating in a report on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $55.54.

Shares of CTRP stock traded up $1.49 during midday trading on Friday, reaching $49.27. 10,927,513 shares of the company’s stock were exchanged, compared to its average volume of 4,149,518. Ctrip.Com International has a 52 week low of $42.65 and a 52 week high of $60.65. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.40. The firm has a market cap of $25,287.33, a P/E ratio of 86.44, a price-to-earnings-growth ratio of 4.35 and a beta of 1.85.

Ctrip.Com International (NASDAQ:CTRP) last issued its quarterly earnings results on Wednesday, March 14th. The company reported $0.14 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.02). Ctrip.Com International had a net margin of 8.00% and a return on equity of 2.73%. The business had revenue of $987.54 million during the quarter, compared to analyst estimates of $1 billion. During the same period in the previous year, the company posted $0.32 earnings per share. Ctrip.Com International’s revenue was up 35.3% compared to the same quarter last year. sell-side analysts anticipate that Ctrip.Com International will post 0.51 EPS for the current year.

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Ctrip.Com International Company Profile

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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