Hyatt Hotels Co. (H) Expected to Announce Earnings of $0.19 Per Share

Equities analysts predict that Hyatt Hotels Co. (NYSE:H) will report earnings per share (EPS) of $0.19 for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Hyatt Hotels’ earnings. The lowest EPS estimate is $0.09 and the highest is $0.35. Hyatt Hotels reported earnings per share of $0.29 during the same quarter last year, which indicates a negative year over year growth rate of 34.5%. The company is scheduled to announce its next earnings report on Thursday, February 15th.

According to Zacks, analysts expect that Hyatt Hotels will report full-year earnings of $1.73 per share for the current financial year, with EPS estimates ranging from $1.63 to $1.87. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.39 per share, with EPS estimates ranging from $1.11 to $1.63. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Hyatt Hotels.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09. Hyatt Hotels had a return on equity of 6.13% and a net margin of 4.66%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the previous year, the firm posted $0.47 EPS.

H has been the topic of a number of analyst reports. Robert W. Baird reissued a “buy” rating and issued a $68.00 price target on shares of Hyatt Hotels in a research report on Friday, September 8th. B. Riley cut Hyatt Hotels from a “buy” rating to a “neutral” rating and set a $70.00 price target on the stock. in a research report on Monday, November 6th. Wells Fargo & Company raised Hyatt Hotels from a “market perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a research report on Monday, November 6th. MKM Partners upgraded shares of Hyatt Hotels from a “neutral” rating to a “buy” rating and set a $79.00 price objective for the company in a report on Thursday, December 7th. Finally, Stifel Nicolaus boosted their price objective on shares of Hyatt Hotels from $61.00 to $67.00 and gave the stock a “hold” rating in a report on Monday, November 6th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $71.27.

Shares of Hyatt Hotels (H) traded up $0.90 on Monday, hitting $71.25. The stock had a trading volume of 1,293,500 shares, compared to its average volume of 764,105. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.04 and a current ratio of 1.06. Hyatt Hotels has a 12-month low of $50.21 and a 12-month high of $73.33. The company has a market cap of $8,467.70, a PE ratio of 39.57, a P/E/G ratio of 10.13 and a beta of 1.25.

Hyatt Hotels declared that its Board of Directors has authorized a share repurchase program on Thursday, December 14th that permits the company to repurchase $750.00 million in shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

In other Hyatt Hotels news, insider Maryam Banikarim sold 10,000 shares of the business’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $61.42, for a total transaction of $614,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Elsinore Trust sold 157,476 shares of the business’s stock in a transaction on Tuesday, October 17th. The shares were sold at an average price of $61.48, for a total transaction of $9,681,624.48. Following the sale, the insider now owns 32,125 shares of the company’s stock, valued at $1,975,045. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,000,001 shares of company stock valued at $68,120,268. 27.51% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio increased its stake in shares of Hyatt Hotels by 16.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 19,442 shares of the company’s stock worth $1,201,000 after purchasing an additional 2,782 shares in the last quarter. California Public Employees Retirement System increased its stake in shares of Hyatt Hotels by 4.9% in the 3rd quarter. California Public Employees Retirement System now owns 102,716 shares of the company’s stock worth $6,347,000 after purchasing an additional 4,816 shares in the last quarter. Bamco Inc. NY increased its stake in shares of Hyatt Hotels by 0.4% in the 3rd quarter. Bamco Inc. NY now owns 4,456,997 shares of the company’s stock worth $275,398,000 after purchasing an additional 17,660 shares in the last quarter. Highbridge Capital Management LLC increased its stake in shares of Hyatt Hotels by 483.4% in the 3rd quarter. Highbridge Capital Management LLC now owns 62,129 shares of the company’s stock worth $3,839,000 after purchasing an additional 51,479 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of Hyatt Hotels by 585.1% in the 3rd quarter. Jane Street Group LLC now owns 34,723 shares of the company’s stock worth $2,146,000 after purchasing an additional 29,655 shares in the last quarter. Institutional investors and hedge funds own 38.83% of the company’s stock.

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About Hyatt Hotels

Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

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