Brokerages expect Ctrip.com International, Ltd. (NASDAQ:CTRP) to report sales of $1.15 billion for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Ctrip.com International’s earnings, with estimates ranging from $1.13 billion to $1.18 billion. Ctrip.com International posted sales of $835.55 million during the same quarter last year, which suggests a positive year-over-year growth rate of 37.6%. The company is scheduled to report its next earnings report on Wednesday, November 22nd.

On average, analysts expect that Ctrip.com International will report full-year sales of $1.15 billion for the current fiscal year, with estimates ranging from $3.96 billion to $4.01 billion. For the next financial year, analysts expect that the company will post sales of $5.19 billion per share, with estimates ranging from $5.07 billion to $5.35 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover Ctrip.com International.

Ctrip.com International (NASDAQ:CTRP) last announced its quarterly earnings data on Wednesday, August 30th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.11). The company had revenue of $946.38 million during the quarter, compared to analyst estimates of $929.55 million. Ctrip.com International had a net margin of 4.56% and a return on equity of 1.41%. The firm’s revenue for the quarter was up 42.5% on a year-over-year basis. During the same quarter last year, the business earned $0.02 EPS.

A number of brokerages recently issued reports on CTRP. BidaskClub lowered shares of Ctrip.com International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 14th. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $62.00 price target (down from $65.00) on shares of Ctrip.com International in a report on Friday, August 25th. ValuEngine raised shares of Ctrip.com International from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Cowen and Company reissued a “buy” rating and issued a $60.00 price target on shares of Ctrip.com International in a report on Wednesday, July 19th. Finally, KeyCorp reissued a “hold” rating on shares of Ctrip.com International in a report on Friday, September 1st. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $57.91.

A number of hedge funds have recently bought and sold shares of the business. Baillie Gifford & Co. lifted its stake in Ctrip.com International by 4.1% during the first quarter. Baillie Gifford & Co. now owns 51,643,569 shares of the company’s stock valued at $2,538,282,000 after buying an additional 2,041,906 shares in the last quarter. Capital Research Global Investors lifted its stake in Ctrip.com International by 37.6% during the second quarter. Capital Research Global Investors now owns 12,717,070 shares of the company’s stock valued at $684,941,000 after buying an additional 3,478,011 shares in the last quarter. Capital World Investors lifted its stake in Ctrip.com International by 20.5% during the second quarter. Capital World Investors now owns 12,534,949 shares of the company’s stock valued at $675,132,000 after buying an additional 2,129,879 shares in the last quarter. WCM Investment Management CA lifted its stake in Ctrip.com International by 6.1% during the second quarter. WCM Investment Management CA now owns 10,864,759 shares of the company’s stock valued at $585,176,000 after buying an additional 622,199 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its stake in Ctrip.com International by 3.1% during the second quarter. Fisher Asset Management LLC now owns 10,122,535 shares of the company’s stock valued at $545,200,000 after buying an additional 302,795 shares in the last quarter. 67.60% of the stock is owned by institutional investors.

Shares of Ctrip.com International (NASDAQ CTRP) traded up 1.51% during trading on Friday, reaching $53.19. 4,054,373 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $53.64 and its 200 day moving average price is $52.84. The firm has a market capitalization of $27.97 billion, a PE ratio of 169.39 and a beta of 1.69. Ctrip.com International has a 52 week low of $39.71 and a 52 week high of $60.65.

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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.

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

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