Share on StockTwits

Ctrip.com International, Ltd. (NASDAQ:CTRP)’s share price reached a new 52-week high on Monday , Stock Ratings News reports. The stock traded as high as $68.71 and last traded at $68.29, with a volume of 1,408,630 shares traded. The stock had previously closed at $65.71.

A number of research firms have recently commented on CTRP. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Ctrip.com International, Ltd. in a research note on Thursday. They now have a $80.00 price target on the stock, up previously from $73.00. Separately, analysts at Credit Agricole upgraded shares of Ctrip.com International, Ltd. from an “underperform” rating to a “buy” rating in a research note on Thursday. They now have a $78.00 price target on the stock. Finally, analysts at Aegis downgraded shares of Ctrip.com International, Ltd. from a “buy” rating to a “hold” rating in a research note on Friday, August 1st. They now have a $66.00 price target on the stock, up previously from $60.00. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Ctrip.com International, Ltd. presently has an average rating of “Buy” and a consensus target price of $69.05.

The stock has a 50-day moving average of $62.28 and a 200-day moving average of $53.16. The company has a market cap of $9.186 billion and a price-to-earnings ratio of 71.58.

Ctrip.com International, Ltd. (NASDAQ:CTRP) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.11 by $0.15. The company had revenue of $277.62 million for the quarter, compared to the consensus estimate of $269.26 million. During the same quarter in the prior year, the company posted $0.36 earnings per share. The company’s quarterly revenue was up 38.0% on a year-over-year basis. On average, analysts predict that Ctrip.com International, Ltd. will post $0.67 earnings per share for the current fiscal year.

Ctrip.com International, Ltd. (NASDAQ:CTRP) is a consolidator of hotel accommodations and airline tickets in China.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.