Hilton Worldwide Holdings Receives Average Rating of “Buy” from Analysts (NYSE:HLT)
Hilton Worldwide Holdings (NYSE:HLT) has been given an average rating of “Buy” by the twenty-two analysts that are presently covering the company, Analyst Ratings News reports. Seven equities research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $25.18.
HLT has been the subject of a number of recent research reports. Analysts at Craig Hallum upgraded shares of Hilton Worldwide Holdings from a “hold” rating to a “buy” rating in a research note on Friday, May 23rd. Separately, analysts at Susquehanna raised their price target on shares of Hilton Worldwide Holdings from $26.00 to $27.00 in a research note on Wednesday, May 14th. Finally, analysts at Credit Suisse raised their price target on shares of Hilton Worldwide Holdings from $25.00 to $26.00 in a research note on Monday, May 12th.
In other Hilton Worldwide Holdings news, Insider Matthew W. Schuyler sold 373,968 shares of Hilton Worldwide Holdings stock on the open market in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $22.79, for a total value of $8,522,730.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Hilton Worldwide Holdings (NYSE:HLT) opened at 22.34 on Wednesday. Hilton Worldwide Holdings has a 52-week low of $20.55 and a 52-week high of $25.75. The stock’s 50-day moving average is $22.39 and its 200-day moving average is $22.05. The company has a market cap of $21.996 billion and a price-to-earnings ratio of 41.60.
Hilton Worldwide Holdings (NYSE:HLT) last released its earnings data on Friday, May 9th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.04. The company had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.34 billion. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, analysts predict that Hilton Worldwide Holdings will post $0.66 earnings per share for the current fiscal year.
Hilton Worldwide Holdings Inc is a hospitality company. As of December 3, 2013, the Company operated 4,080 hotels, resorts and timeshare properties, which consisted of 671,926 rooms in 90 countries and territories.
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