Hilton Worldwide Holdings (HLT) Announces Quarterly Results
Hilton Worldwide Holdings (NYSE:HLT) released its earnings data on Tuesday. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.19 by $0.01, Stock Ratings Network.com reports.
Shares of Hilton Worldwide Holdings (NYSE:HLT) opened at 24.06 on Tuesday. Hilton Worldwide Holdings has a 1-year low of $20.55 and a 1-year high of $25.82. The stock has a 50-day moving average of $24.16 and a 200-day moving average of $22.62. The company has a market cap of $23.690 billion and a P/E ratio of 40.60.
A number of research firms have recently commented on HLT. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Hilton Worldwide Holdings in a research note on Thursday, August 7th. They now have a $27.50 price target on the stock, up previously from $26.00. On the ratings front, analysts at Macquarie raised their price target on shares of Hilton Worldwide Holdings from $1.00 to $26.00 in a research note on Tuesday, August 5th. They now have a “neutral” rating on the stock. Finally, analysts at SunTrust reiterated a “neutral” rating on shares of Hilton Worldwide Holdings in a research note on Monday, August 4th. They now have a $26.00 price target on the stock, up previously from $24.00. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Hilton Worldwide Holdings currently has a consensus rating of “Buy” and an average price target of $26.08.
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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