Somewhat Positive Press Coverage Somewhat Unlikely to Impact Hyatt Hotels (H) Stock Price

News stories about Hyatt Hotels (NYSE:H) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hyatt Hotels earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.0391624023182 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

A number of research analysts have recently commented on H shares. Berenberg Bank upgraded Hyatt Hotels from a “hold” rating to a “buy” rating and increased their target price for the company from $69.20 to $78.00 in a research report on Friday, November 10th. Stifel Nicolaus raised their price target on Hyatt Hotels from $61.00 to $67.00 and gave the stock a “hold” rating in a research report on Monday, November 6th. B. Riley downgraded Hyatt Hotels from a “buy” rating to a “neutral” rating and set a $70.00 target price for the company. in a research report on Monday, November 6th. Wells Fargo & Company upgraded Hyatt Hotels from a “market perform” rating to an “outperform” rating and set a $76.00 target price for the company in a research report on Monday, November 6th. Finally, Morgan Stanley lifted their target price on Hyatt Hotels from $63.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $66.50.

Shares of Hyatt Hotels (NYSE H) traded up $0.14 during trading hours on Monday, reaching $72.60. The company’s stock had a trading volume of 699,517 shares, compared to its average volume of 762,779. Hyatt Hotels has a one year low of $50.21 and a one year high of $73.33. The firm has a market capitalization of $8,615.13, a P/E ratio of 40.26, a PEG ratio of 10.31 and a beta of 1.25. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.06 and a quick ratio of 1.04.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $0.26 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.09. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. Hyatt Hotels had a return on equity of 6.13% and a net margin of 4.66%. During the same period in the previous year, the company posted $0.47 earnings per share. equities research analysts anticipate that Hyatt Hotels will post 1.73 EPS for the current year.

In related news, insider P.G. Penny Trust sold 600,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $70.00, for a total transaction of $42,000,000.00. Following the completion of the sale, the insider now directly owns 600,000 shares in the company, valued at $42,000,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Peter Fulton sold 14,104 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $70.00, for a total value of $987,280.00. Following the sale, the insider now owns 38,436 shares of the company’s stock, valued at $2,690,520. The disclosure for this sale can be found here. Insiders sold 967,851 shares of company stock valued at $65,611,726 over the last 90 days. Company insiders own 27.51% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This story was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this story on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark legislation. The original version of this story can be read at https://www.dispatchtribunal.com/2017/12/04/hyatt-hotels-corporation-h-earning-somewhat-positive-news-coverage-report-shows.html.

About Hyatt Hotels

Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

Insider Buying and Selling by Quarter for Hyatt Hotels (NYSE:H)

Receive News & Ratings for Hyatt Hotels Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyatt Hotels Co. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply