$1.11 Billion in Sales Expected for Hyatt Hotels Co. (H) This Quarter

Equities research analysts expect Hyatt Hotels Co. (NYSE:H) to report $1.11 billion in sales for the current quarter, according to Zacks. Six analysts have issued estimates for Hyatt Hotels’ earnings. The lowest sales estimate is $1.08 billion and the highest is $1.16 billion. Hyatt Hotels posted sales of $1.09 billion during the same quarter last year, which would indicate a positive year over year growth rate of 1.8%. The business is expected to announce its next earnings results after the market closes on Wednesday, February 14th.

According to Zacks, analysts expect that Hyatt Hotels will report full year sales of $1.11 billion for the current year, with estimates ranging from $4.58 billion to $4.66 billion. For the next fiscal year, analysts expect that the firm will post sales of $4.69 billion per share, with estimates ranging from $4.60 billion to $4.86 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Hyatt Hotels.

Hyatt Hotels (NYSE:H) last announced its earnings results on Thursday, November 2nd. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.17 by $0.09. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Hyatt Hotels had a net margin of 4.66% and a return on equity of 6.13%. During the same period last year, the company posted $0.47 EPS.

H has been the topic of a number of recent research reports. Zacks Investment Research downgraded shares of Hyatt Hotels from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 18th. Robert W. Baird reiterated a “buy” rating and issued a $84.00 price objective on shares of Hyatt Hotels in a report on Tuesday, January 9th. Raymond James Financial upgraded shares of Hyatt Hotels from a “market perform” rating to an “outperform” rating and set a $82.00 price objective on the stock in a report on Monday, January 8th. Wolfe Research upgraded shares of Hyatt Hotels from a “market perform” rating to an “outperform” rating in a report on Thursday, December 21st. Finally, Citigroup upgraded shares of Hyatt Hotels from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a report on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $73.85.

Shares of Hyatt Hotels (H) traded up $0.14 during mid-day trading on Tuesday, reaching $79.88. 504,600 shares of the company’s stock traded hands, compared to its average volume of 883,086. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.39. The firm has a market cap of $9,680.00, a P/E ratio of 48.12, a P/E/G ratio of 12.28 and a beta of 1.25. Hyatt Hotels has a 52-week low of $50.21 and a 52-week high of $80.18.

Hyatt Hotels declared that its board has approved a share buyback program on Thursday, December 14th that authorizes the company to buyback $750.00 million in shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

In other news, insider Peter Fulton sold 14,104 shares of the business’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $70.00, for a total value of $987,280.00. Following the completion of the sale, the insider now owns 38,436 shares of the company’s stock, valued at $2,690,520. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mark Samuel Hoplamazian sold 49,173 shares of the business’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $71.54, for a total transaction of $3,517,836.42. Following the completion of the sale, the insider now directly owns 300,655 shares of the company’s stock, valued at approximately $21,508,858.70. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 774,539 shares of company stock valued at $54,245,219. Company insiders own 27.51% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. First Quadrant L P CA raised its stake in Hyatt Hotels by 3.4% during the fourth quarter. First Quadrant L P CA now owns 424,041 shares of the company’s stock worth $31,184,000 after acquiring an additional 14,100 shares in the last quarter. State of Alaska Department of Revenue acquired a new position in Hyatt Hotels during the fourth quarter worth about $220,000. Acadian Asset Management LLC raised its stake in Hyatt Hotels by 134.7% during the fourth quarter. Acadian Asset Management LLC now owns 2,244 shares of the company’s stock worth $165,000 after acquiring an additional 1,288 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in Hyatt Hotels by 6.0% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 210,461 shares of the company’s stock worth $15,478,000 after acquiring an additional 11,945 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in Hyatt Hotels by 16.7% during the third quarter. Public Employees Retirement System of Ohio now owns 19,442 shares of the company’s stock worth $1,201,000 after acquiring an additional 2,782 shares in the last quarter. 38.55% of the stock is owned by institutional investors and hedge funds.

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Hyatt Hotels Company Profile

Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

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