Stocks of H World Group Limited (NASDAQ:HTHT) traded higher last session on Wall Street, up 9.27% to $47.74.
According to the data, H World Group Limited (NASDAQ:HTHT) has 22 analysts covering its stock. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $453.00 and a low of $326.08, we find $416.54. Given the previous closing price of $43.69, this indicates a potential upside of 853.4 percent. HTHT stock price is now 16.33% away from the 50-day moving average and 11.74% away from the 200-day moving average. The market capitalization of the company currently stands at $14.61B.
A total of 0 analysts have issued a hold rating and 19 have given it a buy rating. Brokers who have rated the stock have averaged $411.81 as their price target over the next twelve months.
With the price target reduced from $43 to $34, Daiwa Securities Upgraded its rating from Outperform to Buy for H World Group Limited (NASDAQ: HTHT).
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 $102,689,000. NINETY ONE UK LTD invested $94,932,000 in shares of HTHT during the first quarter. In the first quarter, GREEN COURT CAPITAL MANAGEMENT LTD acquired a new stake in H World Group Limited valued at approximately $51,488,000. DRIEHAUS CAPITAL MANAGEMENT LLC acquired a new stake in HTHT for approximately $47,183,000. VICTORY CAPITAL MANAGEMENT INC purchased a new stake in HTHT valued at around $32,009,000 in the second quarter. In total, there are 425 active investors with 46.60% ownership of the company’s stock.
Friday’s opening bell rang with an opening price of $45.75 for H World Group Limited (NASDAQ: HTHT). 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 1.02, a current ratio of 0.90, and a quick ratio of 0.90. The fifty day moving average price for HTHT is $41.14 and a two-hundred day moving average price translates $42.81 for the stock.
The latest earnings results from H World Group Limited (NASDAQ: HTHT) was released for Mar, 2023. According to the Lodging Company, earnings per share came in at $0.45, beating analysts’ expectations of -$0.02 by 0.47. This compares to -$0.33 EPS in the same period last year. The net profit margin was -1.30% and return on equity was -2.10% for HTHT. The company reported revenue of $652.0 million for the quarter, compared to $423.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 54.14 percent. For the current quarter, analysts expect HTHT to generate $734.82M 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 0.44% 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.
