Hyatt Hotels (H) to Release Quarterly Earnings on Thursday

Hyatt Hotels (NYSE:H) is expected to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Hyatt Hotels to post earnings of $0.64 per share and revenue of $1.66 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Hyatt Hotels Trading Down 2.3 %

H opened at $158.62 on Wednesday. The business has a fifty day moving average price of $157.53 and a 200 day moving average price of $152.42. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. Hyatt Hotels has a 12 month low of $125.44 and a 12 month high of $168.20. The stock has a market capitalization of $15.23 billion, a price-to-earnings ratio of 11.95 and a beta of 1.48.

Wall Street Analysts Forecast Growth

H has been the subject of a number of analyst reports. Hsbc Global Res upgraded shares of Hyatt Hotels to a “hold” rating in a research note on Friday, November 1st. JPMorgan Chase & Co. increased their price objective on Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Truist Financial lowered their price target on Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a report on Friday, November 1st. Morgan Stanley reduced their price objective on shares of Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a research report on Monday, November 18th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Fourteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Hyatt Hotels presently has a consensus rating of “Hold” and an average target price of $156.38.

Insider Buying and Selling at Hyatt Hotels

In other news, insider Mark R. Vondrasek sold 3,776 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the transaction, the insider now directly owns 5,798 shares of the company’s stock, valued at $927,622.02. This trade represents a 39.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 23.50% of the stock is owned by corporate insiders.

About Hyatt Hotels

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.