Media stories about Hyatt Hotels (NYSE:H) have been trending positive recently, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hyatt Hotels earned a news impact score of 2.33 on their scale. InfoTrie also gave press coverage about the company an news buzz score of 5 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have effected Hyatt Hotels’ score:
- Hyatt House Kuala Lumpur, Mont’Kiara (hospitalitynet.org)
- Park Hyatt Sanya Sunny Bay Resort Awards Community Grant to BN Vocational School Sanya (markets.businessinsider.com)
- Hyatt House Kuala Lumpur Mont’kiara Opens (hotelnewsresource.com)
- Hyatt Regency Tirana Hotel Announced for Albania (hotelnewsresource.com)
- Hyatt to Open Hotel in Albania, Expands Hyatt Regency Brand (zacks.com)
Several equities analysts recently issued reports on H shares. Nomura cut their price target on shares of Hyatt Hotels from $85.00 to $73.00 and set a “neutral” rating for the company in a report on Wednesday, October 31st. Cowen started coverage on shares of Hyatt Hotels in a report on Monday, October 22nd. They set a “market perform” rating and a $75.00 price target for the company. Zacks Investment Research downgraded shares of Hyatt Hotels from a “buy” rating to a “hold” rating in a report on Wednesday, August 22nd. Robert W. Baird set a $88.00 price target on shares of Hyatt Hotels and gave the company a “buy” rating in a report on Friday, October 19th. Finally, Longbow Research started coverage on shares of Hyatt Hotels in a report on Friday, September 7th. They set a “buy” rating and a $99.00 price target for the company. Ten investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Hyatt Hotels presently has an average rating of “Hold” and a consensus price target of $82.30.
H opened at $69.43 on Friday. The company has a quick ratio of 2.15, a current ratio of 2.17 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $7.82 billion, a price-to-earnings ratio of 39.01, a P/E/G ratio of 4.64 and a beta of 1.29. Hyatt Hotels has a 1-year low of $64.82 and a 1-year high of $84.89.
Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Tuesday, October 30th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.08. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Hyatt Hotels had a net margin of 17.80% and a return on equity of 4.95%. During the same quarter last year, the company posted $0.26 EPS. As a group, equities research analysts forecast that Hyatt Hotels will post 1.62 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Wednesday, November 28th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend is Tuesday, November 27th. Hyatt Hotels’s payout ratio is presently 33.71%.
In other news, insider 8-26-22 Gp Llc sold 196,719 shares of Hyatt Hotels stock in a transaction that occurred on Thursday, September 20th. The shares were sold at an average price of $78.09, for a total transaction of $15,361,786.71. Following the completion of the sale, the insider now owns 100,000 shares in the company, valued at approximately $7,809,000. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Featherman Trust sold 72,569 shares of Hyatt Hotels stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $68.90, for a total transaction of $5,000,004.10. The disclosure for this sale can be found here. Insiders sold a total of 276,828 shares of company stock valued at $20,902,937 in the last 90 days. Corporate insiders own 18.40% of the company’s stock.
Hyatt Hotels Company Profile
Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates in four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.
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