Shares of GreenTree Hospitality Group Ltd – (NYSE:GHG) have been given an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 12 month consensus price target of $17.50 for the company and are anticipating that the company will post $0.20 earnings per share for the current quarter, according to Zacks. Zacks has also assigned GreenTree Hospitality Group an industry rank of 107 out of 256 based on the ratings given to its competitors.
Several research firms have weighed in on GHG. Zacks Investment Research upgraded shares of GreenTree Hospitality Group from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research report on Tuesday, May 21st. China Renaissance Securities began coverage on shares of GreenTree Hospitality Group in a research report on Monday, May 6th. They set a “buy” rating and a $18.40 price objective on the stock.
GreenTree Hospitality Group stock traded down $0.19 during mid-day trading on Monday, hitting $12.00. The company’s stock had a trading volume of 1,157 shares, compared to its average volume of 52,831. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 0.74 and a beta of 1.14. GreenTree Hospitality Group has a twelve month low of $9.50 and a twelve month high of $25.10.
GreenTree Hospitality Group (NYSE:GHG) last posted its quarterly earnings data on Friday, May 24th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.10). GreenTree Hospitality Group had a return on equity of 24.68% and a net margin of 45.04%. The firm had revenue of $35.06 million for the quarter. Analysts predict that GreenTree Hospitality Group will post 0.83 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Sylebra HK Co Ltd boosted its stake in shares of GreenTree Hospitality Group by 20.8% during the 1st quarter. Sylebra HK Co Ltd now owns 916,532 shares of the company’s stock valued at $12,676,000 after buying an additional 157,557 shares during the period. Westwood Global Investments LLC acquired a new stake in shares of GreenTree Hospitality Group during the 4th quarter valued at $9,527,000. Dalton Investments LLC boosted its stake in shares of GreenTree Hospitality Group by 316.6% during the 1st quarter. Dalton Investments LLC now owns 616,923 shares of the company’s stock valued at $8,532,000 after buying an additional 468,829 shares during the period. Aubrey Capital Management Ltd boosted its stake in shares of GreenTree Hospitality Group by 13.0% during the 4th quarter. Aubrey Capital Management Ltd now owns 483,874 shares of the company’s stock valued at $6,252,000 after buying an additional 55,736 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of GreenTree Hospitality Group by 223.0% during the 4th quarter. Bank of America Corp DE now owns 335,428 shares of the company’s stock valued at $4,357,000 after buying an additional 231,589 shares during the period. Hedge funds and other institutional investors own 8.69% of the company’s stock.
About GreenTree Hospitality Group
GreenTree Hospitality Group Ltd., through its subsidiaries, owns, operates, leases, franchises, and manages hotels in the People's Republic of China. The company operates hotels under the various brands, including GreenTree Eastern, as well as Gme, Gya, and VX; GreenTree Inns and GreenTree Alliance; and Vatica and Shell.
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