Hyatt Hotels (NYSE:H) will announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.21 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Wednesday, February 13th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.40. Hyatt Hotels had a net margin of 17.26% and a return on equity of 5.93%. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the firm posted $0.23 EPS. On average, analysts expect Hyatt Hotels to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
H opened at $76.92 on Monday. Hyatt Hotels has a fifty-two week low of $63.45 and a fifty-two week high of $84.89. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.25 and a current ratio of 1.27. The company has a market cap of $8.15 billion, a price-to-earnings ratio of 38.85, a price-to-earnings-growth ratio of 5.42 and a beta of 1.09.
In other Hyatt Hotels news, insider David Udell sold 6,486 shares of the stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $74.00, for a total transaction of $479,964.00. Following the completion of the transaction, the insider now owns 10,000 shares in the company, valued at $740,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 18.40% of the stock is owned by company insiders.
A number of research firms have weighed in on H. Wells Fargo & Co lowered shares of Hyatt Hotels from an “outperform” rating to a “market perform” rating and set a $80.00 target price on the stock. in a report on Wednesday, April 24th. Zacks Investment Research lowered shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Wednesday, April 17th. ValuEngine raised shares of Hyatt Hotels from a “hold” rating to a “buy” rating in a report on Wednesday, April 10th. SunTrust Banks boosted their target price on shares of Hyatt Hotels from $78.00 to $82.00 and gave the stock a “hold” rating in a report on Tuesday, February 19th. Finally, Deutsche Bank reissued a “hold” rating and set a $75.00 target price on shares of Hyatt Hotels in a report on Sunday, February 17th. Fourteen investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Hyatt Hotels presently has a consensus rating of “Hold” and an average target price of $79.42.
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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 through 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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