Equities research analysts expect that Hyatt Hotels Co. (NYSE:H) will post earnings per share of $0.22 for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for Hyatt Hotels’ earnings, with the highest EPS estimate coming in at $0.36 and the lowest estimate coming in at $0.10. Hyatt Hotels posted earnings of $0.23 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 4.3%. The business is expected to issue its next quarterly earnings report after the market closes on Wednesday, February 13th.
According to Zacks, analysts expect that Hyatt Hotels will report full-year earnings of $1.61 per share for the current financial year, with EPS estimates ranging from $1.50 to $1.74. For the next financial year, analysts expect that the company will report earnings of $2.02 per share, with EPS estimates ranging from $1.60 to $2.44. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Hyatt Hotels.
Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Tuesday, October 30th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.08. Hyatt Hotels had a return on equity of 4.95% and a net margin of 17.80%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the firm posted $0.26 EPS.
A number of research analysts have issued reports on the company. Wells Fargo & Co reiterated a “buy” rating on shares of Hyatt Hotels in a research report on Friday, January 25th. Zacks Investment Research downgraded Hyatt Hotels from a “buy” rating to a “hold” rating in a research note on Wednesday, January 23rd. ValuEngine downgraded Hyatt Hotels from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th. Raymond James downgraded Hyatt Hotels from an “outperform” rating to a “market perform” rating and set a $80.00 price objective on the stock. in a research note on Tuesday, January 8th. Finally, Bank of America downgraded Hyatt Hotels from a “buy” rating to a “neutral” rating and set a $67.18 price objective on the stock. in a research note on Monday, January 7th. Fifteen investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $78.86.
In related news, insider Mark R. Vondrasek sold 7,540 shares of the company’s stock in a transaction on Friday, November 2nd. The stock was sold at an average price of $71.77, for a total transaction of $541,145.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jnp Parachute Mirror Trust B sold 2,246 shares of the company’s stock in a transaction on Wednesday, December 26th. The shares were sold at an average price of $64.99, for a total value of $145,967.54. The disclosure for this sale can be found here. Insiders have sold 82,355 shares of company stock worth $5,687,117 over the last ninety days. 18.40% of the stock is owned by insiders.
A number of large investors have recently bought and sold shares of the stock. Alliancebernstein L.P. grew its stake in Hyatt Hotels by 108.0% in the third quarter. Alliancebernstein L.P. now owns 95,512 shares of the company’s stock valued at $7,602,000 after purchasing an additional 49,600 shares in the last quarter. Vanguard Group Inc grew its stake in Hyatt Hotels by 1.0% in the third quarter. Vanguard Group Inc now owns 3,880,760 shares of the company’s stock valued at $308,870,000 after purchasing an additional 38,758 shares in the last quarter. Assenagon Asset Management S.A. purchased a new position in Hyatt Hotels in the third quarter valued at about $1,398,000. PEAK6 Investments LLC purchased a new position in Hyatt Hotels in the third quarter valued at about $695,000. Finally, We Are One Seven LLC purchased a new position in Hyatt Hotels in the third quarter valued at about $300,000. 36.71% of the stock is currently owned by hedge funds and other institutional investors.
H stock traded up $0.18 during trading on Friday, reaching $68.87. 4,254 shares of the company’s stock were exchanged, compared to its average volume of 578,030. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.15 and a current ratio of 2.17. Hyatt Hotels has a 1-year low of $63.45 and a 1-year high of $84.89. The firm has a market capitalization of $7.47 billion, a PE ratio of 38.68, a price-to-earnings-growth ratio of 2.90 and a beta of 1.18.
Hyatt Hotels Company Profile
Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates in four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.
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