Hyatt Hotels (NYSE:H) Announces Earnings Results

Hyatt Hotels (NYSE:H) released its quarterly earnings data on Thursday. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22), Zacks reports. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same quarter in the prior year, the business earned $0.64 EPS.

Hyatt Hotels Price Performance

NYSE:H traded down $2.53 during trading hours on Friday, hitting $144.85. 365,206 shares of the stock traded hands, compared to its average volume of 599,207. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. Hyatt Hotels has a 1 year low of $128.90 and a 1 year high of $168.20. The company has a market cap of $13.91 billion, a price-to-earnings ratio of 10.91 and a beta of 1.48. The stock has a 50 day moving average price of $157.19 and a 200 day moving average price of $152.46.

Insider Buying and Selling at Hyatt Hotels

In other 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 transaction of $604,122.24. Following the sale, the insider now owns 5,798 shares in the company, valued at $927,622.02. This trade represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 23.50% of the company’s stock.

Wall Street Analyst Weigh In

H has been the subject of a number of analyst reports. Barclays reduced their price objective on shares of Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating for the company in a research note on Friday. Mizuho reduced their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a research note on Friday. JPMorgan Chase & Co. lifted their price target on shares of Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Morgan Stanley reduced their price target on shares of Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a research note on Monday, November 18th. Finally, Robert W. Baird lifted their price target on shares of Hyatt Hotels from $157.00 to $158.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Fourteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $156.03.

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.