Ctrip.Com International, Ltd. (NASDAQ:CTRP) is a travel service company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CTRP’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Ctrip.Com International could be a solid choice for investors.
Current Quarter Estimates for CTRP
In the past 30 days, two estimates have gone higher for Ctrip.Com International while one has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 1 cent a share 30 days ago, to 2 cents today, a move of 100%.
Current Year Estimates for CTRP
Meanwhile, Ctrip.Com International’s current year figures are also looking quite promising, with three estimates moving higher in the past month, compared to one lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 30 cents per share 30 days ago to 38 cents per share today, an increase of 26.7%.
Ctrip.com International, Ltd. Price and Consensus
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Ctrip.com International, Ltd. (CTRP): Free Stock Analysis Report
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