Wall Street analysts predict that Hyatt Hotels Co. (NYSE:H) will post $1.23 billion in sales for the current fiscal quarter, according to Zacks. Seven analysts have made estimates for Hyatt Hotels’ earnings. The highest sales estimate is $1.30 billion and the lowest is $1.19 billion. Hyatt Hotels posted sales of $1.13 billion in the same quarter last year, which would indicate a positive year over year growth rate of 8.8%. The firm is scheduled to announce its next earnings report after the market closes on Wednesday, July 31st.

According to Zacks, analysts expect that Hyatt Hotels will report full year sales of $4.89 billion for the current year, with estimates ranging from $4.76 billion to $5.16 billion. For the next year, analysts forecast that the company will post sales of $5.11 billion, with estimates ranging from $4.89 billion to $5.42 billion. Zacks’ sales averages are a mean average based on a survey of analysts that that provide coverage for Hyatt Hotels.

Hyatt Hotels (NYSE:H) last released its earnings results on Wednesday, May 1st. The company reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.24. Hyatt Hotels had a net margin of 9.18% and a return on equity of 6.37%. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the prior year, the firm earned $0.33 earnings per share. The company’s revenue for the quarter was up 11.9% compared to the same quarter last year.

H has been the subject of a number of research reports. Morgan Stanley set a $111.00 target price on shares of Procter & Gamble and gave the stock a “buy” rating in a report on Thursday, March 28th. Wells Fargo & Co reaffirmed a “hold” rating and set a $70.00 target price on shares of Church & Dwight in a report on Thursday, May 2nd. Zacks Investment Research lowered shares of Guaranty Federal Bancshares from a “hold” rating to a “sell” rating in a report on Tuesday, April 23rd. Finally, ValuEngine raised shares of William Lyon Homes from a “strong sell” rating to a “sell” rating in a report on Wednesday, April 10th. Thirteen equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $79.25.

In related news, insider David Udell sold 3,662 shares of the firm’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $78.00, for a total transaction of $285,636.00. Following the completion of the sale, the insider now directly owns 4,337 shares in the company, valued at $338,286. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider H. Charles Floyd sold 5,000 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $76.48, for a total transaction of $382,400.00. Following the completion of the transaction, the insider now directly owns 52,975 shares in the company, valued at approximately $4,051,528. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 10,596 shares of company stock valued at $818,250. 24.70% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quadrant Capital Group LLC acquired a new position in Hyatt Hotels during the 1st quarter worth approximately $28,000. MERIAN GLOBAL INVESTORS UK Ltd acquired a new position in Hyatt Hotels in the 1st quarter worth about $43,000. NumerixS Investment Technologies Inc acquired a new position in Hyatt Hotels in the 4th quarter worth about $61,000. Marshall Wace North America L.P. acquired a new position in Hyatt Hotels in the 1st quarter worth about $98,000. Finally, Advisors Asset Management Inc. increased its position in Hyatt Hotels by 65.4% in the 1st quarter. Advisors Asset Management Inc. now owns 1,591 shares of the company’s stock worth $115,000 after purchasing an additional 629 shares during the last quarter. 36.92% of the stock is currently owned by institutional investors.

Shares of Hyatt Hotels stock traded up $0.66 during trading hours on Friday, reaching $77.58. 506,011 shares of the company’s stock were exchanged, compared to its average volume of 383,134. Hyatt Hotels has a 1 year low of $63.45 and a 1 year high of $83.28. The stock has a market capitalization of $8.10 billion, a P/E ratio of 39.18, a P/E/G ratio of 9.24 and a beta of 1.06. The firm has a fifty day moving average price of $74.87. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.18 and a quick ratio of 1.17.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates through four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.

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Earnings History and Estimates for Hyatt Hotels (NYSE:H)

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