Somewhat Favorable News Coverage Very Likely to Affect Hyatt Hotels Corporation (H) Share Price
Media stories about Hyatt Hotels Corporation (NYSE:H) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hyatt Hotels Corporation earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the company an impact score of 84 out of 100, indicating that recent media coverage is very likely to have an impact on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Hyatt Regency Lake Washington At Seattle’s Southport Makes Its Debut (hotelinteractive.com)
- Hyatt (H) Expands Further in Seattle, Unveils New Property – Nasdaq – Nasdaq (nasdaq.com)
- Q3 2017 EPS Estimates for Hyatt Hotels Corporation (NYSE:H) Lowered by Analyst (americanbankingnews.com)
- Head to Head Contrast: Marriot Vacations Worldwide Corporation (VAC) & Hyatt Hotels Corporation (NYSE:H) (americanbankingnews.com)
Hyatt Hotels Corporation (NYSE:H) traded down 0.22% during midday trading on Friday, reaching $54.97. The company’s stock had a trading volume of 269,262 shares. Hyatt Hotels Corporation has a 1-year low of $47.94 and a 1-year high of $59.30. The firm has a market capitalization of $1.93 billion, a PE ratio of 30.20 and a beta of 1.28. The stock’s 50-day moving average price is $57.56 and its 200 day moving average price is $55.39.
Hyatt Hotels Corporation (NYSE:H) last released its quarterly earnings data on Thursday, May 4th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.49. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Hyatt Hotels Corporation had a return on equity of 7.25% and a net margin of 5.30%. During the same period in the prior year, the firm posted $0.25 EPS. Equities analysts anticipate that Hyatt Hotels Corporation will post $1.44 EPS for the current fiscal year.
H has been the topic of a number of recent research reports. Citigroup Inc. reissued a “neutral” rating on shares of Hyatt Hotels Corporation in a research report on Thursday, May 11th. Zacks Investment Research raised Hyatt Hotels Corporation from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 6th. FBR & Co reissued a “buy” rating on shares of Hyatt Hotels Corporation in a research report on Monday, May 15th. Stifel Nicolaus increased their price target on Hyatt Hotels Corporation from $54.00 to $59.00 and gave the stock a “hold” rating in a research report on Monday, May 15th. Finally, Guggenheim initiated coverage on Hyatt Hotels Corporation in a research report on Wednesday, April 26th. They set a “neutral” rating on the stock. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $54.56.
In related news, insider H. Charles Floyd sold 15,000 shares of the company’s stock in a transaction dated Thursday, May 4th. The stock was sold at an average price of $58.00, for a total value of $870,000.00. Following the completion of the sale, the insider now directly owns 64,263 shares of the company’s stock, valued at approximately $3,727,254. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Gs Capital Partners Vi Fund, L sold 4,000,000 shares of the company’s stock in a transaction dated Friday, May 26th. The shares were sold at an average price of $57.53, for a total value of $230,120,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,072,240 shares of company stock valued at $234,307,411. Insiders own 25.50% of the company’s stock.
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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