Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Hyatt Hotels Corporation (H) Share Price
News coverage about Hyatt Hotels Corporation (NYSE:H) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hyatt Hotels Corporation earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave media coverage about the company an impact score of 44.4985274332133 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- B-29 Doc getting money from city’s Hyatt sale (bizjournals.com)
- The Párisi Udvar Hotel in Budapest to Join the Unbound Collection by Hyatt (finance.yahoo.com)
- Executives maintain positive European hotels outlook (hotelnewsnow.com)
- Hyatt Hotels : The Parisi Udvar Hotel in Budapest to Join the Unbound Collection by Hyatt (4-traders.com)
- Párisi Udvar Hotel, Budapest to join the Unbound Collection by Hyatt (ehotelier.com)
Shares of Hyatt Hotels Corporation (NYSE H) opened at 61.79 on Friday. The firm has a 50-day moving average price of $58.41 and a 200-day moving average price of $56.27. Hyatt Hotels Corporation has a 52-week low of $47.94 and a 52-week high of $61.94. The firm has a market cap of $7.73 billion, a price-to-earnings ratio of 30.99 and a beta of 1.25.
Hyatt Hotels Corporation (NYSE:H) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.52 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.17. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Hyatt Hotels Corporation had a return on equity of 6.78% and a net margin of 5.71%. During the same quarter in the previous year, the firm posted $0.64 earnings per share. Analysts predict that Hyatt Hotels Corporation will post $1.60 EPS for the current fiscal year.
Several equities analysts recently issued reports on the company. FBR & Co reissued an “outperform” rating and set a $66.00 target price (up previously from $63.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. Deutsche Bank AG reissued a “hold” rating and set a $60.00 target price (up previously from $59.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. BidaskClub raised Hyatt Hotels Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Wolfe Research raised Hyatt Hotels Corporation from an “underperform” rating to a “market perform” rating in a research note on Monday, July 10th. Finally, Robert W. Baird reissued a “buy” rating and set a $68.00 target price on shares of Hyatt Hotels Corporation in a research note on Friday, September 8th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. Hyatt Hotels Corporation has an average rating of “Hold” and an average target price of $59.63.
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In other Hyatt Hotels Corporation news, insider Rena Hozore Reiss sold 4,000 shares of the business’s stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $61.43, for a total transaction of $245,720.00. Following the transaction, the insider now owns 30,881 shares in the company, valued at $1,897,019.83. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Richard A. Friedman sold 8,654,050 shares of the business’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $57.58, for a total value of $498,300,199.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,717,219 shares of company stock worth $502,065,007. 27.51% of the stock is currently owned by insiders.
Hyatt Hotels Corporation 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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