Hyatt Hotels (H) Scheduled to Post Earnings on Tuesday

Hyatt Hotels (NYSE:H) is scheduled to be releasing its earnings data before the market opens on Tuesday, August 6th. Analysts expect Hyatt Hotels to post earnings of $0.96 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, May 9th. The company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.02). Hyatt Hotels had a net margin of 10.21% and a return on equity of 8.44%. The company had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.72 billion. During the same quarter in the previous year, the company earned $0.41 earnings per share. On average, analysts expect Hyatt Hotels to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hyatt Hotels Stock Performance

Shares of H stock opened at $136.57 on Monday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59. The firm has a market cap of $13.82 billion, a P/E ratio of 21.21 and a beta of 1.51. The firm’s 50 day moving average price is $149.38 and its 200-day moving average price is $147.89. Hyatt Hotels has a one year low of $96.77 and a one year high of $162.24.

Hyatt Hotels Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 11th. Shareholders of record on Wednesday, May 29th were given a $0.15 dividend. The ex-dividend date was Wednesday, May 29th. This represents a $0.60 annualized dividend and a yield of 0.44%. Hyatt Hotels’s dividend payout ratio is presently 9.32%.

Insider Activity

In other news, Director Michael A. Rocca sold 1,189 shares of Hyatt Hotels stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $149.52, for a total value of $177,779.28. Following the transaction, the director now directly owns 20,219 shares in the company, valued at $3,023,144.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Joan Bottarini sold 305 shares of Hyatt Hotels stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $148.00, for a total transaction of $45,140.00. Following the sale, the insider now owns 15,799 shares of the company’s stock, valued at approximately $2,338,252. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael A. Rocca sold 1,189 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $149.52, for a total transaction of $177,779.28. Following the completion of the sale, the director now directly owns 20,219 shares in the company, valued at approximately $3,023,144.88. The disclosure for this sale can be found here. Insiders own 23.50% of the company’s stock.

Wall Street Analyst Weigh In

H has been the subject of several analyst reports. Robert W. Baird upped their price objective on Hyatt Hotels from $160.00 to $162.00 and gave the stock a “neutral” rating in a research report on Friday, May 17th. StockNews.com raised Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Monday, July 15th. Mizuho raised their price objective on shares of Hyatt Hotels from $195.00 to $204.00 and gave the stock a “buy” rating in a report on Wednesday, May 15th. Susquehanna started coverage on shares of Hyatt Hotels in a report on Friday, June 21st. They issued a “neutral” rating and a $160.00 target price for the company. Finally, Stifel Nicolaus increased their target price on shares of Hyatt Hotels from $146.00 to $154.00 and gave the company a “hold” rating in a research report on Thursday, April 11th. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $151.19.

About Hyatt Hotels

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.