Wall Street analysts expect Hyatt Hotels Co. (NYSE:H) to post earnings of $0.27 per share for the current fiscal quarter, according to Zacks. Seven analysts have issued estimates for Hyatt Hotels’ earnings, with the highest EPS estimate coming in at $0.54 and the lowest estimate coming in at $0.03. Hyatt Hotels reported earnings of $0.33 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 18.2%. The business is expected to issue its next quarterly earnings results on Tuesday, October 29th.
On average, analysts expect that Hyatt Hotels will report full-year earnings of $1.85 per share for the current year, with EPS estimates ranging from $1.50 to $2.17. For the next fiscal year, analysts anticipate that the business will report earnings of $1.94 per share, with EPS estimates ranging from $1.21 to $2.50. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for Hyatt Hotels.
Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.34. Hyatt Hotels had a return on equity of 6.34% and a net margin of 9.07%. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the previous year, the firm earned $0.72 earnings per share.
NYSE H traded down $0.74 on Monday, reaching $76.54. The stock had a trading volume of 19,836 shares, compared to its average volume of 579,043. The business has a 50 day moving average price of $74.68 and a 200 day moving average price of $75.08. The company has a current ratio of 1.17, a quick ratio of 1.16 and a debt-to-equity ratio of 0.56. Hyatt Hotels has a 1 year low of $63.45 and a 1 year high of $81.57. The company has a market capitalization of $7.95 billion, a price-to-earnings ratio of 38.66, a P/E/G ratio of 5.19 and a beta of 1.07.
The business also recently declared a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Tuesday, August 27th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Monday, August 26th. This represents a $0.76 annualized dividend and a dividend yield of 0.99%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 38.38%.
In other news, insider David Udell sold 4,337 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $72.06, for a total transaction of $312,524.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider H. Charles Floyd sold 6,500 shares of the company’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $78.00, for a total value of $507,000.00. Following the sale, the insider now owns 41,475 shares of the company’s stock, valued at approximately $3,235,050. The disclosure for this sale can be found here. Corporate insiders own 24.70% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC bought a new position in Hyatt Hotels in the 1st quarter valued at $28,000. MERIAN GLOBAL INVESTORS UK Ltd bought a new position in shares of Hyatt Hotels in the 1st quarter valued at about $43,000. Toronto Dominion Bank bought a new position in shares of Hyatt Hotels in the 2nd quarter valued at about $54,000. Tower Research Capital LLC TRC grew its holdings in shares of Hyatt Hotels by 177.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,080 shares of the company’s stock valued at $82,000 after acquiring an additional 691 shares in the last quarter. Finally, Marshall Wace North America L.P. bought a new position in shares of Hyatt Hotels in the 1st quarter valued at about $98,000. Institutional investors own 37.54% of the company’s stock.
Hyatt Hotels Company Profile
Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates through four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.
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