Hilton Worldwide Holdings Inc. (NYSE:HLT) finished Wednesday with a subtraction of -$1.72 to close at $124.02, a downside of -1.37 percent. An average of 1,605,100 shares of common stock have been traded in the last five days. There was a fall of -$5.47 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 1,685,795 shares traded, while the 50-day average volume stands at 1,868,714.
HLT stock has decreased by -9.47% in the last month. The company shares reached their 1-month lowest point of $123.74 on 12/28/22. With the stock rallying to its 52-week high on 04/21/22, shares of the company touched a low of $108.41 and a high of $167.99 in 52 weeks. It has reached a new high 6 times so far this year and lost -20.49% or -$31.97 in price. In spite of this, the price is down -26.17% from the 52-week high.
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HLT stock investors should be aware that Hilton Worldwide Holdings Inc. (HLT) stock had its last reported insider trading activity 28 days ago on Dec 01. In this transaction, the insider spent $794,812., SCHUYLER MATTHEW W, disposed of 3,000 shares at a price of $120.00 on Jul 18. The insider now owns more than $360,000 worth of shares. Prior to that, SCHUYLER MATTHEW W went on to Sale 3,000 shares at $121.31 each on Jun 15. An amount of $363,930 was transacted.
Hilton Worldwide Holdings Inc. (HLT) has a trailing price-to-earnings (P/E) ratio of 32.22. The stock’s beta is 1.22. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.09, and the price-to-cash flow ratio at 26.69.
The quick ratio of Hilton Worldwide Holdings Inc. for the three months ended September 29 was 0.90, and the current ratio was 0.90, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $5.11 billion compared to revenue of $5.79 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Hilton Worldwide Holdings Inc.’s return on assets was 7.00%.
For the three-month period that ended September 29, Hilton Worldwide Holdings Inc. had $8.69 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $347.0 million in the quarter, while revenues were grew 30.55%. The analyst consensus anticipated Hilton Worldwide Holdings Inc.’s latest quarter earnings to come in at $1.24 per share, but it turned out to be $1.31, a 5.60% surprise. For the quarter, EBITDA amounted to $672.0 million. Shareholders own equity worth $270.46 million.
From a technical analysis perspective, let’s take a brief look at Hilton Worldwide Holdings Inc. (HLT) price momentum. RSI 9-day as of the close on 28 December was 20.20%, suggesting the stock is oversold, with historical volatility in this time frame at 8.30%.
As of today, HLT’s price is $125.88 -4.22% or -$5.47 from its 5-day moving average. HLT is currently trading -10.62% lower than its 20-day SMA and -4.83% lower than its 100-day SMA. However, the stock’s current price level is -1.89% below the SMA50 and -12.39% below the SMA200.
The stochastic %K and %D were 6.76% and 9.06%, respectively, and the average true range (ATR) was 2.93. With the 14-day stochastic at 1.50% and the average true range at 3.10, the RSI (14) stands at 29.27%. The stock has reached -2.72 on the 9-day MACD Oscillator while the 14-day reading was at -6.07.
Citigroup downgraded Hilton Worldwide Holdings Inc. (NYSE: HLT) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Hilton Worldwide Holdings Inc. (HLT) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell HLT, while 12 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 7 others rate it as a “buy”.
What is HLT’s price target for the next 12 months?
Analysts predict a range of price targets between $123.00 and $171.00, with a median target of $147.50. Taking a look at these predictions, the average price target given by analysts for Hilton Worldwide Holdings Inc. (HLT) stock is $147.28.