Ctrip.com (CTRP) volatility elevated on better than expected Q1 results
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Nomura Securities Reiterates Buy on Ctrip.com (CTRP) Following 1Q Earnings Report
June 17, 2016 9:21 AM EDTNomura Securities reiterated a Buy rating and $49.00 price target on Ctrip.com (NASDAQ: CTRP) following the company's 1Q earnings report. CTRP reported revenues at CNY4.2bn. Ctrips and Qunars hotel business remained robust, with revenue growth of 38% and 134% y-y, respectively. The company... More
Brean Capital Reiterates Buy on Ctrip.com (CTRP) Following Solid 1Q Results
June 16, 2016 10:02 AM EDTBrean Capital maintained a Buy rating on Ctrip.com (NASDAQ: CTRP), and cut the price target to $52.00 (from $56.00), following the company's 1Q earnings report. Net revenue came in at RMB 4.2bn, implying 80% YoY growth, slightly above consensus expectations of 79%. Non-GAAP EPS was $0.09, exceeding the consensus expectation of $-0.05.
Analyst Fawne Jiang... More
Oppenheimer Remains Bullish on Ctrip.com (CTRP) Following Solid 1Q and Guide
June 16, 2016 9:56 AM EDTOppenheimer maintained an Outperform rating and $55.00 price target on Ctrip.com (NASDAQ: CTRP) following the company's 1Q earnings report and guidance. 2Q net revenue guidance of +70-75% y/y implies pro-forma revenue +28% y/y at midpoint vs. 40% in 1Q. Non-GAAP operating margin was... More
Piper Jaffray Remains Bullish on Ctrip.com (CTRP) Following 1Q and Guidance
June 16, 2016 8:42 AM EDTPiper Jaffray maintained an Overweight rating and $50.00 price target on Ctrip.com (NASDAQ: CTRP) following the company's 1Q earnings report. Revenues came in at CNY 4.18B, slightly ahead of the Street's CNY 4.1B estimate. Q2 guidance calls for net CNY revenue growth of 70-75% y/y, below... More

