Huazhu Group (NASDAQ:HTHT) posted its quarterly earnings data on Monday. The company reported ($1.66) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.59) by ($0.07), Fidelity Earnings reports. Huazhu Group had a negative net margin of 16.22% and a negative return on equity of 25.67%.
NASDAQ:HTHT opened at $42.75 on Thursday. The stock has a market cap of $12.55 billion, a P/E ratio of -52.13 and a beta of 1.76. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.58 and a current ratio of 0.58. Huazhu Group has a 1 year low of $25.01 and a 1 year high of $46.20. The stock has a 50-day simple moving average of $39.91 and a 200-day simple moving average of $34.62.
HTHT has been the topic of several research analyst reports. Bank of America upgraded Huazhu Group from a “neutral” rating to a “buy” rating and set a $48.50 price objective on the stock in a report on Monday, August 24th. Zacks Investment Research upgraded Huazhu Group from a “sell” rating to a “hold” rating in a report on Wednesday, September 2nd. BofA Securities upgraded Huazhu Group from a “neutral” rating to a “buy” rating and set a $48.50 price objective on the stock in a report on Monday, August 24th. BidaskClub downgraded Huazhu Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Finally, ValuEngine downgraded Huazhu Group from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $37.62.
About Huazhu Group
Huazhu Group Limited, together with its subsidiaries, develops and operates leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under the Hi Inn, HanTing Hotel, Elan Hotel, Orange Hotel, HanTing Premium, Starway Hotel, JI Hotel, Orange Hotel Select, Manxin Hotel, Crystal Orange Hotel, Joya Hotel, Grand Mercure, Novotel, Mercure, Ibis Styles, and Ibis brand names for business and leisure travelers.
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