Hyatt Hotels (H) Receiving Somewhat Positive Media Coverage, Analysis Shows
Press coverage about Hyatt Hotels (NYSE:H) has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hyatt Hotels earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.0144342662555 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Stocks Movement Analysis: Tractor Supply Company (TSCO), Hyatt Hotels Corporation (H) – Newburgh Gazette (newburghgazette.com)
- Hawaii hotel to sponsor global soccer tournament next month – Pacific Business News (Honolulu) (bizjournals.com)
- The Cool List: The Coolest Hotels in the Caribbean – 2018 (caribjournal.com)
- Greater D.C.’s newest hotels love the latest lobby trends (bizjournals.com)
- Hawaii Tourism: Grand Wailea bought for 1.1 billion dollars … – eTurboNews (eturbonews.com)
A number of research firms have recently weighed in on H. SunTrust Banks reiterated a “hold” rating and issued a $61.00 price objective on shares of Hyatt Hotels in a research note on Tuesday, October 17th. Berenberg Bank upgraded shares of Hyatt Hotels from a “hold” rating to a “buy” rating and raised their price target for the company from $69.20 to $78.00 in a research report on Friday, November 10th. Citigroup upgraded shares of Hyatt Hotels from a “neutral” rating to a “buy” rating and set a $82.00 price target on the stock in a research report on Thursday, December 14th. Morgan Stanley raised their price target on shares of Hyatt Hotels from $63.00 to $67.00 and gave the company an “equal weight” rating in a research report on Friday, November 3rd. Finally, Stifel Nicolaus raised their price target on shares of Hyatt Hotels from $61.00 to $67.00 and gave the company a “hold” rating in a research report on Monday, November 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $73.85.
Hyatt Hotels (NYSE H) traded up $0.51 during mid-day trading on Friday, reaching $78.93. 961,237 shares of the company traded hands, compared to its average volume of 643,436. The firm has a market capitalization of $9,384.38, a price-to-earnings ratio of 47.55, a PEG ratio of 12.37 and a beta of 1.25. The company has a current ratio of 1.06, a quick ratio of 1.04 and a debt-to-equity ratio of 0.39. Hyatt Hotels has a 52 week low of $50.21 and a 52 week high of $79.20.
Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.09. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Hyatt Hotels had a net margin of 4.66% and a return on equity of 6.13%. During the same quarter last year, the business earned $0.47 earnings per share. research analysts predict that Hyatt Hotels will post 1.73 EPS for the current year.
Hyatt Hotels announced that its Board of Directors has initiated a stock buyback plan on Thursday, December 14th that authorizes the company to repurchase $750.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.
In other news, insider Mark Samuel Hoplamazian sold 49,173 shares of Hyatt Hotels stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $71.54, for a total value of $3,517,836.42. Following the sale, the insider now owns 300,655 shares in the company, valued at $21,508,858.70. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Elsinore Trust sold 157,476 shares of Hyatt Hotels stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $61.48, for a total transaction of $9,681,624.48. Following the completion of the sale, the insider now owns 32,125 shares in the company, valued at approximately $1,975,045. The disclosure for this sale can be found here. In the last quarter, insiders sold 986,001 shares of company stock worth $67,260,348. Company insiders own 27.51% of the company’s stock.
Hyatt Hotels Company Profile
Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).
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