Hilton Worldwide (HLT) Set to Announce Quarterly Earnings on Wednesday

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.

A number of research analysts have issued reports on HLT shares. Morgan Stanley reiterated a “buy” rating on shares of Hilton Worldwide in a research report on Friday, December 8th. Goldman Sachs Group cut Hilton Worldwide from a “conviction-buy” rating to a “buy” rating and set a $80.00 target price on the stock. in a research report on Tuesday, November 14th. Robert W. Baird reiterated a “buy” rating and issued a $78.00 target price on shares of Hilton Worldwide in a research report on Friday, October 27th. Zacks Investment Research upgraded Hilton Worldwide from a “hold” rating to a “buy” rating and set a $80.00 target price on the stock in a research report on Thursday, October 26th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $67.00 target price on shares of Hilton Worldwide in a research report on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Hilton Worldwide has a consensus rating of “Buy” and an average price target of $76.18.

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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.

Earnings History for Hilton Worldwide (NYSE:HLT)

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