Major Brokerage Firms Issue Research Notes on Hyatt Hotels Corporation (H)

Hyatt Hotels Corporation (NYSE:H) saw an upside of 6.15% to close Friday at $81.84 after adding $4.74 on the day. The 5-day average trading volume is 1,334,080 shares of the company’s common stock. It has gained $82.03 in the past week and touched a new high 2 times within the past 5 days. An average of 1,014,825 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 709,600.

H’s 1-month performance is 11.61% or $8.51 on its low of $70.30 reached on 09/08/21. The company’s shares have touched a 52-week low of $51.50 and high of $92.21, with the stock’s rally to the 52-week high happening on 02/25/21. YTD, H has achieved 10.22% or $7.59 and has reached a new high 11 times. However, the current price is down -11.25%% from the 52-week high price.


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Insider Transactions

On Aug 20, 43 days have gone by since the last insider trading activity for Hyatt Hotels Corporation (H). Texas 8-26-22 Trust 2 () most recently sold 16,763 shares at $69.36 per share on Aug 20. This transaction cost the insider $1,162,695., 8-26-22 GP LLC, sold 16,763 shares at a price of $69.36 on Aug 20. Then, on Aug 20, Featherman Trust sold 16,763 shares at a price of $69.36 per share. This transaction amounted to $1,162,695.

Valuation Metrics

Hyatt Hotels Corporation (H) has a trailing price-to-earnings (P/E) ratio of 25.30 for the broader industry and 29.82 for the sector, meaning that investors are optimistic about the stock’s future prospects. The company’s PE ratio for the last five years has touched a high of 43.72 and a low of 5.029. H stock has a beta of 1.49. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.18 while the price-to-book (PB) in the most recent quarter is 2.87.

Hyatt Hotels Corporation’s quick ratio for the period ended June 29 was 2.40, with the current ratio over the same period at 2.40 meaning that H stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.03, while the total debt to equity was 1.12. In terms of profitability, the gross margin trailing 12 months is 35.70%The trailing 12-month EBITDA margin is -16.84% while for the period ending June 29; Hyatt Hotels Corporation’s operating margin was -33.90%. The firm’s gross profit as reported stood at -$1.0 million against revenue of $2.07 billion.

The effectiveness of a company’s management is also important for investors when it comes to determining the potential profitability of the investment. Hyatt Hotels Corporation’s return on assets over the past 12 months stands at -7.50%. Return on investment over the past year is -8.30%, while its return on equity (ROE) trailing 12 months is -21.90%. In comparison, the average ROE for the broader industry over the past year is -3.50.

Earnings Surprise

For the quarterly period ending June 29 this year, Hyatt Hotels Corporation’s cash and short-term investments amounted to $593.0 million against total debt of $3.64 billion. Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected H to announce -$0.85 per share in earnings in its latest quarter, but it posted -$1.15, representing a -35.30% surprise. EBITDA for the quarter stood at more than $28.0 million. H stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 6.05 billion, with total debt at $3.64 billion. Shareholders hold equity totaling $101.8 million

Technical Picture

Let’s look briefly at Hyatt Hotels Corporation (H) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 69.72% to suggest the stock is trending Neutral, with historical volatility in this time period at 39.89%.

The stock’s 5-day moving average is $79.61, reflecting a +2.61% or $2.08 change from its current price. H is currently trading +10.91% above its 20-day SMA, +4.37% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +5.74% and +12.09% respectively.

Stochastic %K and %D was 78.33% and 79.54% and the average true range (ATR) pointed at 2.83. The RSI (14) points at 66.10%, while the 14-day stochastic is at 98.38% with the period’s ATR at 2.61. The stock’s 9-day MACD Oscillator is pointing at 0.98 and 2.05 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Hyatt Hotels Corporation (NYSE: H), BofA Securities downgraded it to an Underperform rating. They previously had a Neutral rating on the stock. Analysts offering their rating for H stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate H as a “sell,”, while 16 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.

What is H’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $75.00 and a high of $100.00, with their median price target at $83.00. Looking at these predictions, the average price target given by analysts is for Hyatt Hotels Corporation (H) stock is $83.37.

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