Media stories about Ctrip (NASDAQ:CTRP) have been trending positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ctrip earned a daily sentiment score of 0.25 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.2390865835511 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
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Let Analyse Simple Moving Averages Ctrip.com International Ltd (NASDAQ: CTRP) (stockspen.com) Ctrip.com International, Ltd. (CTRP) year to date performance remained at -3.24% (nasdaqfortune.com) Ctrip opens Oasis Lab, welcomes external startups to incubation program (tnooz.com) Ctrip.com International, Ltd. to Report First Quarter 2018 Financial Results on May 22, 2018 US Time (prnewswire.com) Ctrip.com International, Ltd. to Report First Quarter 2018 Financial Results on May 22, 2018 U.S. Time (finance.yahoo.com)
Several research analysts have weighed in on the stock. BidaskClub cut shares of Ctrip from a “sell” rating to a “strong sell” rating in a report on Thursday, January 25th. TheStreet raised shares of Ctrip from a “c+” rating to a “b-” rating in a report on Monday, March 12th. Deutsche Bank assumed coverage on shares of Ctrip in a report on Monday, February 5th. They issued a “hold” rating and a $50.00 price target on the stock. TH Capital cut shares of Ctrip from a “buy” rating to a “hold” rating in a report on Monday, February 26th. Finally, Wells Fargo assumed coverage on shares of Ctrip in a report on Tuesday, January 30th. They issued a “market perform” rating and a $50.00 price target on the stock. One analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $54.79.
Shares of NASDAQ:CTRP traded up $0.72 on Wednesday, reaching $43.39. 3,735,326 shares of the company’s stock were exchanged, compared to its average volume of 4,879,033. Ctrip has a twelve month low of $42.68 and a twelve month high of $43.70. The firm has a market cap of $21.57 billion, a PE ratio of 73.54, a PEG ratio of 4.12 and a beta of 1.83. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.34.
Ctrip (NASDAQ:CTRP) last announced its earnings results on Wednesday, March 14th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.02). Ctrip had a return on equity of 2.64% and a net margin of 8.00%. The business had revenue of $987.54 million for the quarter, compared to analyst estimates of $1 billion. During the same quarter in the previous year, the company earned $0.32 EPS. The business’s revenue for the quarter was up 35.3% on a year-over-year basis. research analysts expect that Ctrip will post 0.51 EPS for the current year.
Ctrip Company Profile
Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in the People's Republic of China. The company operates as an agent for hotel-related transactions; sells air tickets; and 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 and flight dynamics.