Hyatt Hotels Corp (NYSE: H) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Recent important positive changes in fundamentals have benefitted Hyatt Hotels Corp (NYSE: H): significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals 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.
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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hyatt Hotels has a poor Appreciation Score of 29 but a very high Power Rating of 90, triggering the High Neutral Value Trend Rating.
Recent Price Action
On 7/15/24, Hyatt Hotels Corp (NYSE: H) stock increased 1.5%, closing at $157.17. However, this advance was accompanied by below average trading volume at 73% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.6% during the last week.
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