Hyatt Hotels (H) Expected to Announce Quarterly Earnings on Thursday

Hyatt Hotels (NYSE:H) is expected to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Hyatt Hotels to post earnings of $0.64 per share and revenue of $1.66 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Hyatt Hotels Price Performance

Shares of H opened at $158.77 on Thursday. The firm has a market capitalization of $15.25 billion, a price-to-earnings ratio of 11.96 and a beta of 1.48. The firm’s fifty day simple moving average is $157.07 and its 200-day simple moving average is $152.12. Hyatt Hotels has a twelve month low of $125.44 and a twelve month high of $168.20. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on H. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Cfra set a $155.00 target price on Hyatt Hotels in a report on Thursday, October 17th. Bank of America raised their price target on Hyatt Hotels from $165.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Mizuho reduced their price objective on Hyatt Hotels from $200.00 to $198.00 and set an “outperform” rating for the company in a research note on Monday, November 4th. Finally, The Goldman Sachs Group raised their target price on shares of Hyatt Hotels from $151.00 to $167.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Fourteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $156.38.

Insider Activity

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of Hyatt Hotels stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the sale, the insider now directly owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. The trade was a 39.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 23.50% of the company’s stock.

About Hyatt Hotels

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.