H World Group (HTHT) Set to Announce Quarterly Earnings on Monday

H World Group (NASDAQ:HTHTGet Rating) will issue its quarterly earnings data before the market opens on Monday, November 28th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

H World Group (NASDAQ:HTHTGet Rating) last issued its quarterly earnings data on Monday, August 29th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.05). H World Group had a negative return on equity of 15.16% and a negative net margin of 12.25%. The company had revenue of $504.00 million for the quarter, compared to the consensus estimate of $510.18 million. On average, analysts expect H World Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

H World Group Price Performance

Shares of HTHT opened at $37.38 on Monday. The company has a market capitalization of $12.03 billion, a price-to-earnings ratio of -47.32 and a beta of 0.93. The business has a 50-day moving average of $33.44 and a 200-day moving average of $34.57. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.61 and a quick ratio of 0.60. H World Group has a 1 year low of $21.98 and a 1 year high of $48.84.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in H World Group by 1.5% during the third quarter. Vanguard Group Inc. now owns 8,361,868 shares of the company’s stock valued at $280,458,000 after acquiring an additional 119,635 shares during the period. Capital International Investors increased its holdings in shares of H World Group by 1.6% in the first quarter. Capital International Investors now owns 3,980,217 shares of the company’s stock worth $131,307,000 after purchasing an additional 61,482 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of H World Group by 3.0% in the first quarter. Wellington Management Group LLP now owns 1,780,615 shares of the company’s stock worth $58,742,000 after purchasing an additional 52,538 shares during the last quarter. UBS Asset Management Americas Inc. increased its stake in H World Group by 7.6% during the third quarter. UBS Asset Management Americas Inc. now owns 759,555 shares of the company’s stock worth $25,475,000 after acquiring an additional 53,535 shares during the last quarter. Finally, Bridgewater Associates LP boosted its position in shares of H World Group by 51.8% during the first quarter. Bridgewater Associates LP now owns 735,451 shares of the company’s stock valued at $24,263,000 after buying an additional 251,114 shares during the period. Hedge funds and other institutional investors own 45.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HTHT. HSBC lowered their target price on H World Group from $52.20 to $46.90 and set a “buy” rating for the company in a report on Wednesday, August 31st. StockNews.com downgraded H World Group from a “hold” rating to a “sell” rating in a report on Monday, November 7th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, H World Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.97.

About H World Group

(Get Rating)

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.

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Earnings History for H World Group (NASDAQ:HTHT)

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