Hyatt Hotels Corp (NYSE: H) has reported earnings for its second fiscal quarter (ending June 30) of $3.55 versus $0.64 for the same period a year ago — an increase of 455%. This performance was $2.54 better than the consensus estimate of $1.01. E.P.S. were $9.55 for the latest four quarters through June 30 versus $4.18 for the same period a year ago — an increase of 128%.
Recent Price Action
On 8/6/24, Hyatt Hotels Corp (NYSE: H) stock declined modestly by -1.4%, closing at $132.02. Moreover, exceptionally high trading volume at 205% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -12.4% 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 (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 26 but a good Power Rating of 83, leading to the Neutral Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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