H World Group Limited (NASDAQ:HTHT) Given Average Recommendation of “Buy” by Brokerages

Shares of H World Group Limited (NASDAQ:HTHTGet Rating) have earned an average rating of “Buy” from the seven analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $49.40.

A number of brokerages recently commented on HTHT. The Goldman Sachs Group raised H World Group from a “buy” rating to a “conviction-buy” rating in a research report on Tuesday, January 10th. HSBC increased their price target on H World Group from $45.10 to $57.20 in a research report on Wednesday, January 11th. Finally, StockNews.com raised H World Group from a “sell” rating to a “hold” rating in a research report on Friday, January 6th.

H World Group Stock Performance

Shares of H World Group stock opened at $47.59 on Tuesday. The company has a market cap of $15.32 billion, a PE ratio of -45.76 and a beta of 0.99. H World Group has a 52 week low of $21.98 and a 52 week high of $49.06. The business has a 50 day moving average price of $40.60 and a 200-day moving average price of $37.62. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 1.02.

H World Group (NASDAQ:HTHTGet Rating) last issued its quarterly earnings data on Monday, November 28th. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.27). The company had revenue of $575.00 million during the quarter, compared to analysts’ expectations of $573.77 million. H World Group had a negative return on equity of 21.89% and a negative net margin of 15.98%. During the same period last year, the company earned ($0.07) earnings per share. Equities analysts anticipate that H World Group will post -0.65 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Parallel Advisors LLC grew its stake in shares of H World Group by 57.5% in the second quarter. Parallel Advisors LLC now owns 1,082 shares of the company’s stock worth $41,000 after purchasing an additional 395 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of H World Group in the fourth quarter worth about $50,000. FMR LLC grew its stake in shares of H World Group by 43.6% in the second quarter. FMR LLC now owns 1,460 shares of the company’s stock worth $56,000 after purchasing an additional 443 shares during the last quarter. Quadrant Capital Group LLC grew its stake in shares of H World Group by 13.1% in the second quarter. Quadrant Capital Group LLC now owns 2,708 shares of the company’s stock worth $103,000 after purchasing an additional 314 shares during the last quarter. Finally, Desjardins Global Asset Management Inc. grew its stake in shares of H World Group by 10.7% in the second quarter. Desjardins Global Asset Management Inc. now owns 3,608 shares of the company’s stock worth $137,000 after purchasing an additional 349 shares during the last quarter. Hedge funds and other institutional investors own 44.79% of the company’s stock.

H World Group Company Profile

(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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