Ctrip.com International, Ltd. (NASDAQ:CTRP) – Research analysts at Oppenheimer Holdings cut their Q3 2017 earnings per share estimates for Ctrip.com International in a research report issued to clients and investors on Thursday. Oppenheimer Holdings analyst J. Kelly now expects that the company will earn $0.16 per share for the quarter, down from their prior forecast of $0.17. Oppenheimer Holdings currently has a “Outperform” rating and a $62.00 target price on the stock. Oppenheimer Holdings also issued estimates for Ctrip.com International’s Q4 2017 earnings at $0.06 EPS, FY2017 earnings at $0.23 EPS, FY2018 earnings at $0.74 EPS, FY2019 earnings at $1.22 EPS and FY2020 earnings at $1.77 EPS.

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CTRP has been the subject of a number of other research reports. Cowen and Company reiterated a “buy” rating and set a $53.00 price target (down previously from $60.00) on shares of Ctrip.com International in a research report on Monday. Instinet reiterated a “buy” rating and set a $64.00 price target on shares of Ctrip.com International in a research report on Monday, May 15th. BidaskClub downgraded Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 14th. Zacks Investment Research upgraded Ctrip.com International from a “sell” rating to a “hold” rating in a research report on Wednesday, May 10th. Finally, ValuEngine downgraded Ctrip.com International from a “hold” rating to a “sell” rating in a research report on Tuesday, May 16th. Five analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $57.14.

Ctrip.com International (CTRP) opened at 52.16 on Monday. Ctrip.com International has a 12-month low of $39.71 and a 12-month high of $60.65.

A number of hedge funds and other institutional investors have recently bought and sold shares of CTRP. US Bancorp DE increased its position in Ctrip.com International by 19.8% in the second quarter. US Bancorp DE now owns 37,531 shares of the company’s stock worth $2,021,000 after buying an additional 6,208 shares in the last quarter. Hillman Co. boosted its stake in shares of Ctrip.com International by 12.6% in the second quarter. Hillman Co. now owns 677,052 shares of the company’s stock worth $36,466,000 after buying an additional 75,833 shares during the last quarter. Capital One National Association boosted its stake in shares of Ctrip.com International by 25.2% in the first quarter. Capital One National Association now owns 8,161 shares of the company’s stock worth $401,000 after buying an additional 1,645 shares during the last quarter. Kayak Investment Partners LLC boosted its stake in shares of Ctrip.com International by 25.1% in the first quarter. Kayak Investment Partners LLC now owns 291,449 shares of the company’s stock worth $14,325,000 after buying an additional 58,464 shares during the last quarter. Finally, AlpInvest Partners B.V. bought a new stake in shares of Ctrip.com International during the first quarter worth approximately $3,869,000. 67.62% of the stock is currently owned by institutional investors.

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.

Earnings History and Estimates for Ctrip.com International (NASDAQ:CTRP)

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