Hyatt Hotels (H) will announce its quarterly results on Thursday

Hyatt Hotels (NYSE:H – Get Free Report) will release its quarterly earnings data before the market opens on Thursday, May 9. Analysts expect the company to report earnings of $0.73 per share for the quarter. Parties interested in listening to the company’s conference call can do so via this link.

Hyatt Hotels (NYSE:H – Get Free Report) last announced its quarterly results on Friday, February 23. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.26. Hyatt Hotels had a net margin of 3.30% and a return on equity of 7.59%. The company had revenue of $1.66 billion for the quarter, compared to analyst expectations of $1.56 billion. During the same period last year, the company earned $2.55 in earnings per share. On average, analysts expect Hyatt Hotels to post earnings per share of $3 for the current fiscal year and earnings of $4 for the next fiscal year.

Hyatt Hotels Price Performance

H opened at $151.38 on Tuesday. Hyatt Hotels has a one-year low of $96.77 and a one-year high of $161.50. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.60 and a quick ratio of 0.59. The company’s 50-day simple moving average is $154.57 and its 200-day simple moving average is $133.60. The stock has a market cap of $15.32 billion, a price-to-earnings ratio of 74.21, a price-to-earnings growth ratio of 21.47 and a beta of 1.49.

Dividend announcement from Hyatt Hotels

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 12. Well-known investors received a $0.15 dividend on Wednesday, February 28. The ex-dividend date was Tuesday, February 27. This represents a dividend of $0.60 annually and a yield of 0.40%. Hyatt Hotels’ dividend payout ratio currently stands at 29.41%.

Changes in analyst ratings

H has been the subject of several analyst reports. Barclays lowered their price target on shares of Hyatt Hotels from $156.00 to $153.00 and gave the stock an “equalweight” rating in a report on Friday, April 19. Truist Financial raised their target price on shares of Hyatt Hotels from $143.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, March 14. Redburn Atlantic lowered shares of Hyatt Hotels from a “buy” rating to a “neutral” rating and increased their price target for the stock from $120.00 to $130.00 in a report on Tuesday, January 16. StockNews.com upgraded shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a report Monday. Finally, Wells Fargo & Company raised their price objective on shares of Hyatt Hotels from $138.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, February 26. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company has an average rating of ‘Hold’ and an average price target of $143.19.

Read our latest research report on Hyatt Hotels

Insiders place their bets

In other Hyatt Hotels news, insider Margaret C. Egan sold 1,000 shares of Hyatt Hotels stock in a transaction dated Wednesday, March 20. The shares sold at an average price of $157.78, for a total value of $157,780.00. Following the completion of the sale, the insider now owns 20,546 shares in the company, valued at approximately $3,241,747.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC’s website. In related news, insider Mark R. Vondrasek sold 9,867 shares of Hyatt Hotels stock in a transaction that occurred on Monday, March 11. The shares were sold at an average price of $154.11, for a total transaction of $1,520,603.37. Following the sale, the insider now directly owns 5,100 shares of the company’s stock, worth approximately $785,961. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC’s website. Insider Margaret C. Egan also sold 1,000 shares of Hyatt Hotels stock in a transaction that occurred on Wednesday, March 20. The shares sold at an average price of $157.78, for a total transaction of $157,780.00. Following the sale, the insider now directly owns 20,546 shares in the company, valued at $3,241,747.88. The explanation of this sale can be found here. Insiders sold 2,084,248 company shares worth $326,572,489 in the last quarter. Currently, 23.50% of the shares are owned by business insiders.

Hyatt Hotels Company Profile

(Get a free report)

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through the segments Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising and Apple Leisure Group. The company manages, franchises, licenses, owns and leases a portfolio of properties consisting of full-service hotels and resorts, select service hotels and other properties including timeshare, fractional, residential, vacation and condominium units.

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