Equities analysts expect that Ctrip.Com International Ltd (NASDAQ:CTRP) will report sales of $970.64 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Ctrip.Com International’s earnings, with the lowest sales estimate coming in at $954.60 million and the highest estimate coming in at $994.90 million. Ctrip.Com International reported sales of $729.84 million during the same quarter last year, which would suggest a positive year over year growth rate of 33%. The firm is scheduled to announce its next earnings results on Wednesday, February 28th.
On average, analysts expect that Ctrip.Com International will report full-year sales of $970.64 million for the current fiscal year, with estimates ranging from $3.96 billion to $4.06 billion. For the next fiscal year, analysts anticipate that the business will post sales of $4.85 billion per share, with estimates ranging from $4.75 billion to $4.95 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Ctrip.Com International.
A number of research firms have commented on CTRP. Zacks Investment Research lowered shares of Ctrip.Com International from a “hold” rating to a “sell” rating in a research note on Wednesday. BidaskClub upgraded shares of Ctrip.Com International from a “strong sell” rating to a “sell” rating in a research note on Friday, December 22nd. Oppenheimer restated a “buy” rating and issued a $53.00 price objective on shares of Ctrip.Com International in a research note on Tuesday, December 12th. JPMorgan Chase & Co. lowered shares of Ctrip.Com International from an “overweight” rating to a “neutral” rating and set a $45.00 price objective on the stock. in a research note on Thursday, December 7th. Finally, TheStreet upgraded shares of Ctrip.Com International from a “c+” rating to a “b” rating in a research note on Thursday, November 2nd. Two analysts have rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $56.33.
Ctrip.Com International (NASDAQ:CTRP) opened at $46.60 on Thursday. 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 company has a market cap of $24,400.00, a price-to-earnings ratio of 76.39 and a beta of 1.74. Ctrip.Com International has a one year low of $40.67 and a one year high of $60.65.
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About Ctrip.Com International
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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