Huazhu Group (NASDAQ:HTHT) will issue its quarterly earnings data after the market closes on Wednesday, August 21st. Analysts expect the company to announce earnings of $0.24 per share for the quarter. Huazhu Group has set its Q2 2019 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.
Huazhu Group (NASDAQ:HTHT) last issued its quarterly earnings data on Wednesday, May 22nd. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.12). Huazhu Group had a return on equity of 13.43% and a net margin of 6.76%. The firm had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the previous year, the firm earned $3.85 EPS. The firm’s quarterly revenue was up 14.2% on a year-over-year basis. On average, analysts expect Huazhu Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of Huazhu Group stock opened at $31.97 on Wednesday. The stock has a 50 day moving average price of $33.63. The company has a debt-to-equity ratio of 4.09, a quick ratio of 0.70 and a current ratio of 0.70. Huazhu Group has a 52-week low of $24.90 and a 52-week high of $45.39. The stock has a market cap of $9.13 billion, a P/E ratio of 88.81, a P/E/G ratio of 2.94 and a beta of 1.78.
A number of analysts recently commented on HTHT shares. JPMorgan Chase & Co. cut shares of Huazhu Group from an “overweight” rating to a “neutral” rating in a research note on Tuesday, April 30th. TheStreet cut shares of Huazhu Group from a “b-” rating to a “c+” rating in a research note on Friday, June 7th. Zacks Investment Research upgraded shares of Huazhu Group from a “strong sell” rating to a “buy” rating and set a $37.00 target price for the company in a research note on Wednesday, July 24th. ValuEngine upgraded shares of Huazhu Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 22nd. Finally, Credit Suisse Group cut shares of Huazhu Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 17th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $36.75.
Huazhu Group Company Profile
Huazhu Group Limited, together with its subsidiaries, develops and operates leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under the Hi Inn, HanTing Hotel, Elan Hotel, Orange Hotel, HanTing Premium, Starway Hotel, JI Hotel, Orange Hotel Select, Manxin Hotel, Crystal Orange Hotel, Joya Hotel, Grand Mercure, Novotel, Mercure, Ibis Styles, and Ibis brand names for business and leisure travelers.
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