Hilton Worldwide (HLT) Set to Announce Quarterly Earnings on Wednesday
Hilton Worldwide (NYSE:HLT) will post its quarterly earnings results before the market opens on Wednesday, February 14th. Analysts expect Hilton Worldwide to post earnings of $0.45 per share for the quarter.
Hilton Worldwide (NYSE HLT) opened at $80.69 on Wednesday. Hilton Worldwide has a 12 month low of $55.79 and a 12 month high of $88.11. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 4.53. The stock has a market capitalization of $25,220.00, a P/E ratio of 806.90, a price-to-earnings-growth ratio of 6.17 and a beta of 1.32.
Hilton Worldwide declared that its Board of Directors has initiated a stock buyback plan on Thursday, November 16th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.
About Hilton Worldwide
Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.
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