China Lodging Group, Limited (NASDAQ:HTHT) is set to issue its quarterly earnings data after the market closes on Monday, November 13th. Analysts expect the company to announce earnings of $0.88 per share for the quarter.
China Lodging Group, Limited (NASDAQ:HTHT) last announced its quarterly earnings data on Thursday, August 17th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.20. China Lodging Group, Limited had a net margin of 13.69% and a return on equity of 17.26%. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period last year, the firm earned $4.67 earnings per share. The business’s revenue for the quarter was up 20.1% on a year-over-year basis. On average, analysts expect China Lodging Group, Limited to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.
China Lodging Group, Limited (NASDAQ:HTHT) opened at $125.97 on Friday. China Lodging Group, Limited has a 52 week low of $43.47 and a 52 week high of $142.80. The stock has a market cap of $8,790.00, a P/E ratio of 64.87, a price-to-earnings-growth ratio of 1.73 and a beta of 1.65. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.60.
The firm also recently disclosed a special dividend, which will be paid on Friday, December 22nd. Shareholders of record on Monday, December 4th will be paid a $0.64 dividend. The ex-dividend date is Friday, December 1st.
A number of equities analysts have recently weighed in on the stock. Zacks Investment Research cut shares of China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Bank of America Corporation lifted their price target on shares of China Lodging Group, Limited from $104.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, August 18th. Finally, BidaskClub raised shares of China Lodging Group, Limited from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 19th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $81.71.
An institutional investor recently raised its position in China Lodging Group, Limited stock. State Street Corp lifted its position in shares of China Lodging Group, Limited (NASDAQ:HTHT) by 1.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,610 shares of the company’s stock after purchasing an additional 324 shares during the quarter. State Street Corp’s holdings in China Lodging Group, Limited were worth $1,824,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 37.42% of the company’s stock.
China Lodging Group, Limited Company Profile
China Lodging Group, Limited is a holding company. The Company is a multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, the Company directly operates hotels located on leased properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers the Company appoints and collects fees from franchisees.
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