News headlines about Hilton Worldwide (NYSE:HLT) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hilton Worldwide earned a news impact score of 0.21 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.091682419993 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s rankings:
Hilton Worldwide (HLT) opened at $79.91 on Tuesday. Hilton Worldwide has a fifty-two week low of $55.79 and a fifty-two week high of $88.11. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 4.53. The company has a market cap of $26,443.98, a PE ratio of 38.26, a price-to-earnings-growth ratio of 6.17 and a beta of 1.32.
Hilton Worldwide declared that its board has initiated a stock buyback plan on Thursday, November 16th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.
A number of equities research analysts have commented on the stock. B. Riley restated a “neutral” rating on shares of Hilton Worldwide in a research note on Wednesday, November 1st. Robert W. Baird reiterated a “buy” rating and set a $78.00 price objective on shares of Hilton Worldwide in a research report on Friday, October 27th. Telsey Advisory Group boosted their price target on shares of Hilton Worldwide from $67.00 to $71.00 and gave the stock a “market perform” rating in a research report on Friday, October 27th. Goldman Sachs Group cut shares of Hilton Worldwide from a “conviction-buy” rating to a “buy” rating and set a $80.00 price target on the stock. in a research report on Tuesday, November 14th. Finally, Wells Fargo & Co lowered shares of Hilton Worldwide from an “outperform” rating to a “market perform” rating and set a $78.00 price objective for the company. in a research note on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Hilton Worldwide has a consensus rating of “Buy” and an average target price of $76.18.
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Hilton Worldwide Company Profile
Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.
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