Hyatt Hotels Co. (NYSE:H) Expected to Announce Earnings of -$0.12 Per Share

Equity analysts are expecting Hyatt Hotels Inc. (NYSE:H) to report earnings per share (EPS) of ($0.12) for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Hyatt’s earnings, with estimates ranging from ($0.27) to ($0.02). Hyatt Hotels reported earnings of $1.77 per share during the same quarter last year, indicating a positive annual growth rate of 93.2%. The company is scheduled to announce its next earnings report on Wednesday, February 16th.

According to Zacks, analysts expect Hyatt to report full-year earnings ($3.15) per share for the current year, with EPS estimates ranging from ($5.16) to ($2.32). Next year, analysts expect the company to report earnings of $0.76 per share, with EPS estimates ranging from $0.14 to $1.37. Zacks earnings per share averages are an average based on a survey of analysts covering Hyatt hotels.

Hyatt Hotels (NYSE:H) released its latest earnings results on Wednesday, November 3rd. The company reported earnings of $2.31 per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $2.70. The company generated $851.00 million in revenue for the quarter, compared to analyst estimates of $860.31 million. Hyatt delivered a negative return on equity of 13.27% and a negative net margin of 16.67%. During the same quarter in the previous year, the company reported earnings ($1.48) per share.

Several research firms have released reports that H. Trust Securities has upgraded Hyatt hotels from a “sell” rating to a “hold” rating and set a price target of $76.00 per share in a research note on Tuesday, August 17th. Robert W. Bird reaffirmed the “pending” rating on Hyatt’s stock in a research note on Tuesday, August 17th. Stifel Nicolaus raised Hyatt’s price target from $74.00 to $76.50 and awarded the company a “hold” rating in a research note on Monday, August 16. Morgan Stanley raised its price target on Hyatt hotels from $70.00 to $75.00 and gave the company an “equal” rating in a research note on Wednesday, August 18th. Finally, Truist upgraded Hyatt Hotels’ rating from “sell” to “hold” and set a target price of $76.00 per share in a research note on Tuesday, August 17th. They noted that this step was a call for evaluation. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Hyatt hotels have an average rating of “Hold” and an agreed target price of $75.62.

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In other Hyatt news, Mark R. The stock sold for an average price of $84.10, with a total value of $71,400.90. The sale was disclosed on file with the SEC, which is available at this link. Corporate insiders own 22.80% of the company’s shares.

Several hedge funds recently modified their holdings in H. Deseret Mutual Benefit Administrators acquired a new stake in shares of Hyatt Hotels in the second quarter valued at $33,000. Penserra Capital Management LLC purchased a new position in shares of Hyatt Hotels in the second quarter valued at $33,000. Berman Capital Advisors LLC raised its stake in shares of Hyatt Hotels by 6,220.0% in the third quarter. Berman Capital Advisors LLC now owns 632 shares of the company’s stock, valued at $48,000 after acquiring an additional 622 shares during the last quarter. Herold Advisors Inc. A new position in shares of Hyatt Hotels in the third quarter valued at $61,000. Finally, the Canada Pension Plan Investment Board raised its stake in Hyatt Hotels stock by 31.8% in the first quarter. The Canada Pension Plan Investment Board now owns 746 shares of the company’s stock, valued at $62,000, after acquiring an additional 180 shares during the last quarter. 39.39% of the shares are currently owned by hedge funds and other institutional investors.

NYSE: H opened at $82.87 on Friday. The company has a quick ratio of 3.69, a trading ratio of 3.70 and a debt-to-equity ratio of 0.83. The 50-day moving average for the stock is $83.25 and the 200-day moving average is $79.01. The company has a market capitalization of $9.11 billion, a price-earnings ratio of -21.14 and a beta of 1.46. Hyatt hotels had a 12-month low of $65.44 and a 12-month high of $94.92.

Hyatt Hotels Company Profile

Hyatt Hotels Company participates in the development and management of hotel and resort chains. It operates through the following divisions: Owned and rented hotels. Americas Management and Franchise; ASPAC Management and Franchise; and EAME/Southwest Asia and Franchise Management. The owned and leased hotel segment provides hospitality and hotel services.

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

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