Hilton Worldwide Holdings Inc (NYSE:HLT) finished Friday with a subtraction of -$3.49 to close at $150.18, a downside of -2.27 percent. An average of 2,032,860 shares of common stock have been traded in the last five days. There was a gain of $2.59 in the past week, and it reached a new high 23 times over the past 12 months. The last 20 days have seen an average of 1,830,940 shares traded, while the 50-day average volume stands at 1,742,262.
HLT stock has decreased by -0.16% in the last month. The company shares reached their 1-month lowest point of $146.00 on 09/25/23. With the stock rallying to its 52-week high on 08/10/23, shares of the company touched a low of $116.59 and a high of $157.14 in 52 weeks. It has reached a new high 25 times so far this year and achieved 18.85% or $23.82 in price. In spite of this, the price is down -4.43% from the 52-week high.
Insider Transactions
HLT stock investors should be aware that Hilton Worldwide Holdings Inc (HLT) stock had its last reported insider trading activity 19 days ago on Sep 11. In this transaction, the insider spent $1,276,268., Fuentes Laura, disposed of 12,513 shares at a price of $141.42 on Jun 12. The insider now owns more than $1,769,588 worth of shares. Prior to that, Silcock Christopher W went on to Sale 90 shares at $138.05 each on Mar 16. An amount of $12,425 was transacted.
Valuation Metrics
Hilton Worldwide Holdings Inc (HLT) has a trailing price-to-earnings (P/E) ratio of 31.43. The stock’s beta is 1.22. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.01, and the price-to-cash flow ratio at 20.06.
The company has a payout ratio of 9.93%. The company’s most recent quarterly dividend payment was $0.15 a share, without any change from last year. Its latest increase dividend $0.08 reported on Friday February 24 2017.
Financial Health
The quick ratio of Hilton Worldwide Holdings Inc for the three months ended June 30 was 0.75, and the current ratio was 0.75, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $7.77 billion compared to revenue of $8.77 billion.
Earnings Surprise
For the three-month period that ended June 30, Hilton Worldwide Holdings Inc had $8.7 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 $411.0 million in the quarter, while revenues were grew 10.46%. The analyst consensus anticipated Hilton Worldwide Holdings Inc’s latest quarter earnings to come in at $1.57 per share, but it turned out to be $1.63, a 3.80% surprise. For the quarter, EBITDA amounted to $722.0 million. Shareholders own equity worth $261.51 million.
Technical Picture
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 29 September was 48.16%, suggesting the stock is Neutral, with historical volatility in this time frame at 27.36%.
As of today, HLT’s price is $149.67 +1.75% or $2.59 from its 5-day moving average. HLT is currently trading +1.03% higher than its 20-day SMA and +3.18% higher than its 100-day SMA. However, the stock’s current price level is +0.60% above the SMA50 and +8.24% above the SMA200.
The stochastic %K and %D were 47.43% and 35.43%, respectively, and the average true range (ATR) was 3.28. With the 14-day stochastic at 39.10% and the average true range at 3.10, the RSI (14) stands at 48.55%. The stock has reached 1.23 on the 9-day MACD Oscillator while the 14-day reading was at -0.47.
Analyst Ratings
Barclays upgraded Hilton Worldwide Holdings Inc (NYSE: HLT) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight.
