The shares of Ctrip.com International, Ltd. (NASDAQ:CTRP) has been pegged with a rating of Outperform by Bernstein in its latest research note that was published on March 27th, 2019. Bernstein wasn’t the only research firm that published a report of Ctrip.com International, Ltd., with other equities research analysts also giving their opinion on the stock. Morgan Stanley advised investors in its research note published on March 5th, 2019, to Overweight the CTRP stock while also putting a $43 price target. The stock had earned Overweight rating from JP Morgan when it published its report on March 5th, 2019. The stock was given Buy rating by CLSA in its report released on March 5th, 2019, the day when the price target on the stock was placed at $42. Citigroup was of a view that CTRP is Buy in its latest report on March 5th, 2019. Bernstein thinks that CTRP is worth Mkt Perform rating. This was contained in the firm’s report on January 14th, 2019.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 9 believe it has the potential for further growth, thus rating it as Hold while 12 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $41.73. The price of the stock the last time has raised by 77.72% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 59.26.
The shares of the company added by 1.09% during the trading session on Thursday, reaching a low of $43.64 while ending the day at $44.43. During the trading session, a total of 3.04 million shares were traded which represents a 43.49% incline from the average session volume which is 5.38M shares. CTRP had ended its last session trading at 43.95. Ctrip.com International, Ltd. currently has a market cap of $23.86B, while its P/E ratio stands at 251.02, while its P/E earnings growth sits at 5.18, with a beta of 1.55. Ctrip.com International, Ltd. debt-to-equity ratio currently stands at 0.69, while its quick ratio hovers at 1.20. CTRP 52-week low price stands at $25.00 while its 52-week high price is $51.91.
The company in its last quarterly report recorded $0.90 earnings per share which is above the -$0.20 predicted by most analysts. The Ctrip.com International, Ltd. generated $7,560.00 million in revenue during the last quarter, which is slightly higher than the $7,186.42 million predicted by analysts. In the second quarter last year, the firm recorded $2.88 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -220%. Ctrip.com International, Ltd. has the potential to record 0.18 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Citigroup published a research note on April 10th, 2019 where it informed investors and clients that NIKE, Inc. (NYSE:NKE) is now rated as Buy. Their price target on the stock stands at $100. Morgan Stanley also rated NKE as Upgrade on March 5th, 2019, with its price target of $43 suggesting that NKE could surge by 1.82% from its current share price. Even though the stock has been trading at $88.73/share, analysts expect it to surge higher by 0.53% to reach $90.85/share. It started the day trading at $90.00 and traded between $88.70 and $89.20 throughout the trading session.
A look at its technical shows that NKE’s 50-day SMA is 85.32 while its 200-day SMA stands at 79.65. The stock has a high of $88.97 for the year while the low is $64.99. The company’s P/E ratio currently sits at 35.44, while the P/B ratio is 15.65. At the moment, only of NIKE, Inc. shares were sold short. The company’s average trading volume currently stands at 6.18M shares, which means that the short-interest ratio is just 1.66 days. Over the past seven days, the company moved, with its shift of 4.94%. Looking further, the stock has raised 12.73% over the past 90 days while it gained 15.13% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more NKE shares, increasing its portfolio by +2.38% during the last quarter. This move now sees The Vanguard Group Inc purchasing 2,393,854 shares in the last quarter, thus it now holds 103,087,661 shares of NKE, with a total valuation of $8,681,011,933. Capital Research Management Co meanwhile sold more NKE shares in the recently filed quarter, changing its stake to $5,373,713,193 worth of shares. BlackRock Fund Advisors followed the path by increasing its NKE portfolio by +2.36% in the quarter. This means that BlackRock Fund Advisors bought 1,355,207 shares in the last quarter and now controls 58,677,705 shares of the NKE stock, with the valuation hitting $4,941,249,538.
Similarly, Capital Research Management Co decreased its NIKE, Inc. shares by -13.33% during the recently filed quarter. After selling -7,242,197 shares in the last quarter, the firm now controls 47,107,624 shares of NIKE, Inc. which are valued at $3,966,933,017. In the same vein, Wellington Management Co LLP decreased its NIKE, Inc. shares by during the most recent reported quarter. The firm sold -7,714,736 shares during the quarter which decreased its stakes to 31,014,278 shares and is now valued at $2,611,712,350. Following these latest developments, around 1.10% of NIKE, Inc. stocks are owned by institutional investors and hedge funds.