Equities analysts expect that Ctrip.Com International Ltd (NASDAQ:CTRP) will announce sales of $1.26 billion for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Ctrip.Com International’s earnings, with the lowest sales estimate coming in at $1.25 billion and the highest estimate coming in at $1.27 billion. Ctrip.Com International posted sales of $1.11 billion during the same quarter last year, which would indicate a positive year over year growth rate of 13.5%. The business is scheduled to issue its next earnings report on Wednesday, September 4th.
According to Zacks, analysts expect that Ctrip.Com International will report full-year sales of $5.32 billion for the current fiscal year, with estimates ranging from $5.28 billion to $5.38 billion. For the next financial year, analysts forecast that the firm will post sales of $6.21 billion, with estimates ranging from $6.02 billion to $6.37 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Ctrip.Com International.
Ctrip.Com International (NASDAQ:CTRP) last issued its quarterly earnings data on Wednesday, May 22nd. The company reported $0.32 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.22. Ctrip.Com International had a return on equity of 3.61% and a net margin of 14.70%. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the business earned $0.55 EPS. The firm’s revenue was up 12.8% compared to the same quarter last year.
Hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC boosted its stake in Ctrip.Com International by 500.0% in the 1st quarter. Advisory Services Network LLC now owns 600 shares of the company’s stock valued at $26,000 after buying an additional 500 shares in the last quarter. FTB Advisors Inc. bought a new position in Ctrip.Com International in the 1st quarter valued at $31,000. Cornerstone Advisors Inc. raised its position in Ctrip.Com International by 255.7% in the 1st quarter. Cornerstone Advisors Inc. now owns 818 shares of the company’s stock valued at $36,000 after purchasing an additional 588 shares during the last quarter. Rehmann Capital Advisory Group raised its position in Ctrip.Com International by 2,377.8% in the 1st quarter. Rehmann Capital Advisory Group now owns 1,338 shares of the company’s stock valued at $58,000 after purchasing an additional 1,284 shares during the last quarter. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. bought a new position in Ctrip.Com International in the 1st quarter valued at $96,000. 62.22% of the stock is currently owned by institutional investors and hedge funds.
Shares of CTRP stock opened at $39.19 on Friday. The firm has a 50 day moving average of $36.92. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.14 and a quick ratio of 1.14. Ctrip.Com International has a twelve month low of $25.00 and a twelve month high of $46.50. The company has a market cap of $21.19 billion, a P/E ratio of 41.69, a price-to-earnings-growth ratio of 3.00 and a beta of 1.56.
Ctrip.Com International Company Profile
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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