China Lodging Group Short Interest Up 32.0% in April (HTHT)
China Lodging Group (NASDAQ:HTHT) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 883,406 shares, a growth of 32.0% from the April 15th total of 669,334 shares, Stock Ratings News reports. Based on an average daily volume of 115,331 shares, the short-interest ratio is presently 7.7 days. Currently, 0.0% of the company’s stock are sold short.
Several analysts have recently commented on the stock. Analysts at Morgan Stanley reiterated an “in-line” rating on shares of China Lodging Group in a research note on Wednesday, May 14th. Separately, analysts at Brean Capital cut their price target on shares of China Lodging Group from $30.00 to $27.00 in a research note on Wednesday, May 14th. They now have a “buy” rating on the stock. Finally, analysts at Zacks downgraded shares of China Lodging Group from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 1st. They now have a $28.10 price target on the stock. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $27.10.
Shares of China Lodging Group (NASDAQ:HTHT) opened at 22.14 on Tuesday. China Lodging Group has a one year low of $14.75 and a one year high of $32.29. The stock has a 50-day moving average of $22.83 and a 200-day moving average of $25.69. The company has a market cap of $1.372 billion and a price-to-earnings ratio of 32.94.
China Lodging Group (NASDAQ:HTHT) last released its earnings data on Tuesday, May 13th. The company reported ($0.10) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.05. The company had revenue of $1.03 billion for the quarter. China Lodging Group’s revenue was up 19.3% compared to the same quarter last year. Analysts expect that China Lodging Group will post $5.44 EPS for the current fiscal year.
China Lodging Group, Limited (NASDAQ:HTHT) operates hotel chain in China with leased-and-operated and franchised-and-managed models.
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