Ctrip.com International (CTRP) Getting Somewhat Favorable Press Coverage, Report Finds

Headlines about Ctrip.com International (NASDAQ:CTRP) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ctrip.com International earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.1174938423901 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern’s scoring:

Ctrip.com International (NASDAQ CTRP) opened at 54.61 on Wednesday. The firm’s 50-day moving average is $52.85 and its 200 day moving average is $53.58. The stock has a market cap of $28.72 billion, a price-to-earnings ratio of 171.73 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.

Ctrip.com International (NASDAQ:CTRP) last posted its quarterly earnings results on Wednesday, August 30th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.11). The business had revenue of $946.38 million during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 42.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.02 EPS. On average, equities research analysts expect that Ctrip.com International will post $0.85 EPS for the current year.

A number of equities research analysts have recently issued reports on CTRP shares. BidaskClub lowered shares of Ctrip.com International from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. Cowen and Company reaffirmed a “buy” rating and set a $60.00 target price on shares of Ctrip.com International in a report on Tuesday, August 22nd. Benchmark Co. dropped their target price on shares of Ctrip.com International from $61.00 to $58.00 and set a “buy” rating for the company in a report on Thursday, August 31st. Barclays PLC started coverage on shares of Ctrip.com International in a report on Monday. They set an “overweight” rating and a $62.00 target price for the company. Finally, Zacks Investment Research lowered shares of Ctrip.com International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $58.25.

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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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