H World Group Limited (NASDAQ:HTHT) shares traded 1.60% higher at $38.04 on Wall Street last session.
In accordance with the data, 19 analysts cover H World Group Limited (NASDAQ:HTHT). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $440.65 and a low of $359.66, we find $408.40. Given the previous closing price of $37.44, this indicates a potential upside of 990.81 percent. HTHT stock price is now -17.59% away from the 50-day moving average and -9.05% away from the 200-day moving average. The market capitalization of the company currently stands at $12.62B.
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It has been rated a hold by 1 analysts and a buy by 16. Brokers who have rated the stock have averaged $407.94 as their price target over the next twelve months.
A total of 56.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in HTHT stock. A new stake in H World Group Limited shares was purchased by VERITAS ASSET MANAGEMENT LLP during the first quarter worth $81,824,000. GREEN COURT CAPITAL MANAGEMENT LTD invested $41,027,000 in shares of HTHT during the first quarter. In the first quarter, DRIEHAUS CAPITAL MANAGEMENT LLC acquired a new stake in H World Group Limited valued at approximately $37,596,000. PUTNAM INVESTMENTS LLC acquired a new stake in HTHT for approximately $19,143,000. BRILLIANCE ASSET MANAGEMENT LTD purchased a new stake in HTHT valued at around $17,048,000 in the second quarter. In total, there are 397 active investors with 46.60% ownership of the company’s stock.
H World Group Limited (NASDAQ: HTHT) opened at $37.50 on Thursday. During the past 12 months, H World Group Limited has had a low of $24.38 and a high of $53.52. As of last week, the company has a debt-to-equity ratio of 1.14, a current ratio of 0.70, and a quick ratio of 0.70. The fifty day moving average price for HTHT is $45.95 and a two-hundred day moving average price translates $41.82 for the stock.
The latest earnings results from H World Group Limited (NASDAQ: HTHT) was released for Dec, 2022. According to the Lodging Company, earnings per share came in at -$0.12, missing analysts’ expectations of $0.16 by -0.28. This compares to -$0.23 EPS in the same period last year. The net profit margin was -13.10% and return on equity was -20.00% for HTHT. The company reported revenue of $508.0 million for the quarter, compared to $548.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -7.3 percent. For the current quarter, analysts expect HTHT to generate $605.28M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 04/21/2022. Investors who held shares on 03/24/2022 were paid a $0.21 dividend. On an annualized basis, this represents a $0.21 dividend and a 0.55% percent yield. There was an ex-dividend date of 03/23/2022 for this dividend.
H World Group Limited(HTHT) Company Profile
H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People’s Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels. The company was formerly known as Huazhu Group Limited and changed its name to H World Group Limited in June 2022. The company was founded in 2005 and is headquartered in Shanghai, the People’s Republic of China.
