China Lodging Group, Ltd (HTHT) Announces Quarterly Results
China Lodging Group, Ltd (NASDAQ:HTHT) released its earnings data on Monday. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.14, American Banking & Market News reports. The company had revenue of $201.10 million for the quarter, compared to the consensus estimate of $106.44 million.
Shares of China Lodging Group, Ltd (NASDAQ:HTHT) traded up 1.47% during mid-day trading on Monday, hitting $24.92. The stock had a trading volume of 89,788 shares. China Lodging Group, Ltd has a 1-year low of $17.81 and a 1-year high of $32.29. The stock has a 50-day moving average of $24.7 and a 200-day moving average of $24.86. The company has a market cap of $1.545 billion and a price-to-earnings ratio of 35.34.
Several analysts have recently commented on the stock. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of China Lodging Group, Ltd in a research note on Friday, July 11th. They now have a $29.40 price target on the stock. Finally, analysts at Brean Capital cut their price target on shares of China Lodging Group, Ltd from $30.00 to $27.00 in a research note on Wednesday, May 14th. They now have a “buy” rating on the stock.
China Lodging Group, Limited (NASDAQ:HTHT) operates hotel chain in China with leased-and-operated and franchised-and-managed models.
Receive News & Ratings for China Lodging Group Ltd (ADR) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Lodging Group Ltd (ADR) and related companies with Analyst Ratings Network's FREE daily email newsletter.