Ctrip.com International (CTRP) Earning Somewhat Positive News Coverage, Study Finds

News headlines about Ctrip.com International (NASDAQ:CTRP) have been trending somewhat positive on Saturday, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ctrip.com International earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.6454505336044 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern’s analysis:

Ctrip.com International (NASDAQ:CTRP) opened at $46.40 on Friday. The firm has a market cap of $23.85 billion, a PE ratio of 77.43 and a beta of 1.79. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.44.

Ctrip.com International (NASDAQ:CTRP) last announced its quarterly earnings results 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 firm had revenue of $946.38 million during the quarter, compared to the consensus estimate of $929.55 million. Ctrip.com International had a net margin of 8.92% and a return on equity of 3.00%. The company’s quarterly revenue was up 42.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.02 EPS. research analysts forecast that Ctrip.com International will post 0.24 earnings per share for the current year.

Several equities research analysts recently weighed in on CTRP shares. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and set a $62.00 target price (down from $65.00) on shares of Ctrip.com International in a research note on Friday, August 25th. BidaskClub cut shares of Ctrip.com International from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. Cowen and Company reiterated a “buy” rating and set a $60.00 price target on shares of Ctrip.com International in a report on Tuesday, August 22nd. Benchmark Co. lowered their price target 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. Finally, Zacks Investment Research cut shares of Ctrip.com International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 8th. Five research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Ctrip.com International has an average rating of “Buy” and an average target price of $57.42.

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About Ctrip.com International

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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