Hilton Worldwide (NYSE:HLT) is scheduled to announce its earnings results before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.45 per share for the quarter.
Hilton Worldwide (NYSE HLT) opened at $80.69 on Wednesday. Hilton Worldwide has a 12-month low of $55.79 and a 12-month high of $88.11. The company has a debt-to-equity ratio of 4.53, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $25,220.00, a PE ratio of 806.90, a price-to-earnings-growth ratio of 6.17 and a beta of 1.32.
Hilton Worldwide declared that its board has initiated a share buyback plan on Thursday, November 16th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.
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Hilton Worldwide Company Profile
Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.
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