Hyatt Hotels Corporation (NYSE:H) finished Friday with a subtraction of -$0.1 to close at $117.30, a downside of -0.09 percent. An average of 787,360 shares of common stock have been traded in the last five days. There was a gain of $5.07 in the past week, and it reached a new high 28 times over the past 12 months. The last 20 days have seen an average of 736,600 shares traded, while the 50-day average volume stands at 650,364.
H stock has decreased by -1.35% in the last month. The company shares reached their 1-month lowest point of $110.60 on 08/03/23. With the stock rallying to its 52-week high on 07/31/23, shares of the company touched a low of $77.70 and a high of $127.80 in 52 weeks. It has reached a new high 26 times so far this year and achieved 29.68% or $26.85 in price. In spite of this, the price is down -8.22% from the 52-week high.
Insider Transactions
H stock investors should be aware that Hyatt Hotels Corporation (H) stock had its last reported insider trading activity 86 days ago on May 18. In this transaction, the insider spent $554,100., Floyd H. Charles, disposed of 6,000 shares at a price of $114.00 on May 15. The insider now owns more than $684,000 worth of shares. Prior to that, Myers Malaika went on to Sale 9,378 shares at $110.59 each on Mar 22. An amount of $1,037,113 was transacted.
Valuation Metrics
Hyatt Hotels Corporation (H) has a trailing price-to-earnings (P/E) ratio of 28.64. The stock’s beta is 1.39. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.90, the price-to-book (PB) ratio at 3.36, and the price-to-cash flow ratio at 25.51.
The company has a payout ratio of 3.60%. The company’s most recent quarterly dividend payment was $0.15 a share, without any change from last year. Its latest decrease dividend $0.8644 reported on Thursday May 11 2023.
Financial Health
The quick ratio of Hyatt Hotels Corporation for the recent quarter was 0.80, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.83 and a total debt to equity ratio of 0.84 for the recent quarter. Hyatt Hotels Corporation’s EBITDA margin is 14.63%, while its operating margin for the same period stands at 4.60%. Its gross profit as reported stood at $1.29 billion compared to revenue of $5.89 billion.
Earnings Surprise
For the recent quarter, Hyatt Hotels Corporation had $24.0 million in cash and short-term investments compared to $3.05 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 $68.0 million in the quarter, while revenues were shrunk -202.94%. Shareholders own equity worth $104.83 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Hyatt Hotels Corporation (H) price momentum. RSI 9-day as of the close on 11 August was 47.63%, suggesting the stock is Neutral, with historical volatility in this time frame at 49.13%.
As of today, H’s price is $116.20 +4.52% or $5.07 from its 5-day moving average. H is currently trading +0.26% higher than its 20-day SMA and +7.18% higher than its 100-day SMA. However, the stock’s current price level is +9.14% above the SMA50 and +33.22% above the SMA200.
The stochastic %K and %D were 35.70% and 32.01%, respectively, and the average true range (ATR) was 3.33. With the 14-day stochastic at 38.95% and the average true range at 3.26, the RSI (14) stands at 48.93%. The stock has reached -0.22 on the 9-day MACD Oscillator while the 14-day reading was at -2.41.
Analyst Ratings
Barclays downgraded Hyatt Hotels Corporation (NYSE: H) to a an Equal weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for Hyatt Hotels Corporation (H) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell H, while 10 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 8 others rate it as a “buy”.
What is H’s price target for the next 12 months?
Analysts predict a range of price targets between $112.00 and $149.00, with a median target of $130.00. Taking a look at these predictions, the average price target given by analysts for Hyatt Hotels Corporation (H) stock is $128.64.
