Ctrip.com International (CTRP) Tops Q1 EPS by 11c, Sales Beat
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May 14, 2015 7:42 AM EDT
Piper Jaffray maintains an Overweight rating on Ctrip.com (NASDAQ: CTRP), and raised the price target to $91.00 (from $90.00), after a strong Q1. Despite A "hyper-competitive market", Ctrip reported net revenue of $373.4M, beating the consensus at $360.9M. Management guided for Q2 net revenue growth (in RMB) of 45-50% y/y... More
May 14, 2015 7:37 AM EDT
Stifel upgraded Ctrip.com (NASDAQ: CTRP) from Hold to Buy.
For an analyst ratings summary and ratings history on Ctrip.com click here. For more ratings news on Ctrip.com click here.
Shares of Ctrip.com closed at $65.36 yesterday.
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May 14, 2015 7:01 AM EDT
Brean Capital maintains a Buy rating on Ctrip.com (NASDAQ: CTRP), and raised the price target to $96.00 (from $70.00), following strong 1Q15 results. CTRP reported net revenue at RMB 2,315mm, exceeding consensus of RMB 2,252mm. Non-Gaap EPS beat consensus by $0.12 with a reported $0.04 EPS. Analyst, Fawne Jiang, said that CTRP guided 2Q15 revenue growth of 45%-50% YoY, above consensus of 43% YoY. Also, management guided a non-GAAP... More
May 14, 2015 6:34 AM EDT
Oppenheimer upgraded Ctrip.com (NASDAQ: CTRP) from Perform to Outperform with a price target of $80.00, noting secular growth pillars reaccelerate top-line and margins.
Analyst Ella Ji commented, "CTRP's growth pillarsmobile, open platform, yield mgmt., and outbound travelcontinued to drive robust top-line growth in... More
