Hyatt Hotels (H) Set to Announce Quarterly Earnings on Thursday

Hyatt Hotels (NYSE:H) will issue its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.73 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Friday, February 23rd. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.38 by $0.26. Hyatt Hotels had a net margin of 3.30% and a return on equity of 7.59%. The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.56 billion. During the same period in the prior year, the firm earned $2.55 earnings per share. On average, analysts expect Hyatt Hotels to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hyatt Hotels Price Performance

H opened at $151.38 on Tuesday. Hyatt Hotels has a one year low of $96.77 and a one year high of $161.50. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.60 and a quick ratio of 0.59. The company’s 50 day simple moving average is $154.57 and its 200-day simple moving average is $133.60. The stock has a market capitalization of $15.32 billion, a P/E ratio of 74.21, a price-to-earnings-growth ratio of 21.47 and a beta of 1.49.

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Wednesday, February 28th were issued a $0.15 dividend. The ex-dividend date was Tuesday, February 27th. This represents a $0.60 annualized dividend and a yield of 0.40%. Hyatt Hotels’s dividend payout ratio is currently 29.41%.

Analyst Ratings Changes

H has been the topic of several analyst reports. Barclays cut their target price on shares of Hyatt Hotels from $156.00 to $153.00 and set an “equal weight” rating on the stock in a report on Friday, April 19th. Truist Financial increased their target price on shares of Hyatt Hotels from $143.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, March 14th. Redburn Atlantic lowered shares of Hyatt Hotels from a “buy” rating to a “neutral” rating and increased their target price for the stock from $120.00 to $130.00 in a report on Tuesday, January 16th. StockNews.com upgraded shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Monday. Finally, Wells Fargo & Company increased their price objective on shares of Hyatt Hotels from $138.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, February 26th. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $143.19.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Margaret C. Egan sold 1,000 shares of Hyatt Hotels stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $157.78, for a total value of $157,780.00. Following the completion of the sale, the insider now owns 20,546 shares in the company, valued at approximately $3,241,747.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Mark R. Vondrasek sold 9,867 shares of Hyatt Hotels stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $154.11, for a total transaction of $1,520,603.37. Following the sale, the insider now directly owns 5,100 shares of the company’s stock, valued at approximately $785,961. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Margaret C. Egan sold 1,000 shares of Hyatt Hotels stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $157.78, for a total transaction of $157,780.00. Following the sale, the insider now directly owns 20,546 shares in the company, valued at $3,241,747.88. The disclosure for this sale can be found here. Insiders sold 2,084,248 shares of company stock worth $326,572,489 in the last quarter. 23.50% of the stock is currently owned by corporate insiders.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.