Ctrip.com International Ltd. (NASDAQ:CTRP) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 32,897,622 shares, a decrease of 10.5% from the August 15th total of 36,764,864 shares. Currently, 7.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,272,131 shares, the days-to-cover ratio is currently 10.1 days.

Ctrip.com International (NASDAQ:CTRP) opened at 45.33 on Thursday. The company has a market cap of $21.14 billion, a price-to-earnings ratio of 300.20 and a beta of 1.63. The company’s 50-day moving average is $45.40 and its 200 day moving average is $43.75. Ctrip.com International has a 1-year low of $30.11 and a 1-year high of $57.36.

Ctrip.com International (NASDAQ:CTRP) last posted its quarterly earnings data on Wednesday, August 31st. The company reported $0.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.20) by $0.22. Ctrip.com International had a net margin of 2.90% and a return on equity of 0.91%. The business earned $664 million during the quarter, compared to analysts’ expectations of $657.24 million. During the same quarter in the prior year, the business posted $0.30 earnings per share. Ctrip.com International’s revenue was up 62.9% compared to the same quarter last year. On average, equities analysts predict that Ctrip.com International will post ($0.73) EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of the company. Boston Common Asset Management LLC boosted its stake in Ctrip.com International by 0.4% in the second quarter. Boston Common Asset Management LLC now owns 14,075 shares of the company’s stock valued at $580,000 after buying an additional 60 shares in the last quarter. Rafferty Asset Management LLC increased its position in shares of Ctrip.com International by 0.5% in the first quarter. Rafferty Asset Management LLC now owns 17,895 shares of the company’s stock valued at $792,000 after buying an additional 81 shares during the last quarter. American International Group Inc. increased its position in shares of Ctrip.com International by 1.2% in the second quarter. American International Group Inc. now owns 21,388 shares of the company’s stock valued at $881,000 after buying an additional 245 shares during the last quarter. BB&T Securities LLC increased its position in shares of Ctrip.com International by 4.9% in the second quarter. BB&T Securities LLC now owns 8,206 shares of the company’s stock valued at $338,000 after buying an additional 386 shares during the last quarter. Finally, OLD National Bancorp IN increased its position in shares of Ctrip.com International by 5.4% in the second quarter. OLD National Bancorp IN now owns 7,470 shares of the company’s stock valued at $308,000 after buying an additional 386 shares during the last quarter. 61.86% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on CTRP shares. Brean Capital restated a “buy” rating and issued a $52.00 price objective (down previously from $56.00) on shares of Ctrip.com International in a research note on Thursday, June 16th. Oppenheimer Holdings Inc. restated a “buy” rating on shares of Ctrip.com International in a research note on Thursday, June 2nd. Nomura restated a “buy” rating and issued a $49.00 price objective on shares of Ctrip.com International in a research note on Friday, June 17th. Deutsche Bank AG restated a “buy” rating and issued a $60.00 price objective on shares of Ctrip.com International in a research note on Friday, June 17th. Finally, Bank of America Corp. restated a “buy” rating and issued a $52.00 price objective on shares of Ctrip.com International in a research note on Tuesday, June 21st. One research analyst has rated the stock with a sell rating, four have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $55.68.

Ctrip.com International Company Profile

Ctrip.com International, Ltd. is a travel service provider for hotel accommodations, transportation ticketing services, packaged tours and corporate travel management in China. The Company aggregates hotel and flight information to enable business and leisure travelers to make informed bookings. The Company also helps customers book tour packages and guided tours.

5 Day Chart for NASDAQ:CTRP

Receive News & Ratings for Ctrip.com International Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ctrip.com International Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.