Shares of Huazhu Group Ltd (NASDAQ:HTHT) have been assigned a consensus recommendation of “Hold” from the twelve ratings firms that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $32.50.
HTHT has been the topic of a number of analyst reports. Zacks Investment Research upgraded Huazhu Group from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a research note on Wednesday, January 23rd. ValuEngine cut Huazhu Group from a “buy” rating to a “hold” rating in a research note on Thursday, February 14th. Morgan Stanley cut Huazhu Group from an “equal weight” rating to an “underweight” rating in a research note on Sunday, March 17th. Finally, BidaskClub upgraded Huazhu Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 20th.
NASDAQ:HTHT opened at $34.40 on Monday. Huazhu Group has a twelve month low of $24.90 and a twelve month high of $49.60. The company has a market cap of $10.17 billion, a price-to-earnings ratio of 67.73, a PEG ratio of 1.92 and a beta of 1.54. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.17 and a quick ratio of 1.16.
Huazhu Group (NASDAQ:HTHT) last announced its quarterly earnings data on Thursday, March 14th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.02). Huazhu Group had a return on equity of 15.82% and a net margin of 7.16%. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.60 billion. During the same quarter in the prior year, the company earned $3.55 EPS. On average, sell-side analysts forecast that Huazhu Group will post 1.11 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Deutsche Bank AG increased its position in Huazhu Group by 34.4% during the 4th quarter. Deutsche Bank AG now owns 538,718 shares of the company’s stock worth $15,420,000 after buying an additional 137,758 shares during the period. Pendal Group Ltd increased its position in Huazhu Group by 15.6% during the 4th quarter. Pendal Group Ltd now owns 73,940 shares of the company’s stock worth $2,117,000 after buying an additional 9,984 shares during the period. BlackRock Inc. increased its position in Huazhu Group by 4.1% during the 4th quarter. BlackRock Inc. now owns 5,985,269 shares of the company’s stock worth $171,357,000 after buying an additional 234,644 shares during the period. Vanguard Group Inc. increased its position in Huazhu Group by 1.7% during the 3rd quarter. Vanguard Group Inc. now owns 3,607,269 shares of the company’s stock worth $116,515,000 after buying an additional 61,853 shares during the period. Finally, Aubrey Capital Management Ltd increased its position in Huazhu Group by 5.0% during the 4th quarter. Aubrey Capital Management Ltd now owns 266,624 shares of the company’s stock worth $7,633,000 after buying an additional 12,600 shares during the period. Institutional investors and hedge funds own 46.31% of the company’s stock.
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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