Hyatt Hotels Corp (NYSE: H) has reported earnings for its first fiscal quarter (ending March 31) of $5.08 versus $0.55 for the same period a year ago — an increase of 824%. Relative to the consensus estimate of $1.08, this was a premium of $4.00. For the latest four quarters through March 31, E.P.S. were $6.63 versus $5.42 for the same period a year ago — an increase of 22%.
Recent Price Action
Hyatt Hotels Corp (NYSE: H) stock enjoyed a large increase of 3.0% on 5/9/24. The stock closed at $152.27. Moreover, this advance was accompanied by exceptionally high trading volume at 260% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, H is expected to continue to be an important Value Builder.
Hyatt Hotels has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Hyatt Hotels has a poor Appreciation Score of 27 but a very high Power Rating of 92, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
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