Huazhu Group (NASDAQ:HTHT) Releases Earnings Results, Misses Estimates By $0.07 EPS

Huazhu Group (NASDAQ:HTHT) released its earnings results on Monday. The company reported ($1.66) EPS for the quarter, missing analysts’ consensus estimates of ($1.59) by ($0.07), Fidelity Earnings reports. Huazhu Group had a negative net margin of 16.22% and a negative return on equity of 25.67%.

Huazhu Group stock opened at $40.53 on Tuesday. The business has a fifty day moving average of $39.64 and a two-hundred day moving average of $34.58. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 2.38. The firm has a market cap of $11.90 billion, a P/E ratio of -49.43 and a beta of 1.76. Huazhu Group has a twelve month low of $25.01 and a twelve month high of $46.20.

Several brokerages recently issued reports on HTHT. BofA Securities raised Huazhu Group from a “neutral” rating to a “buy” rating and set a $48.50 price objective on the stock in a research note on Monday, August 24th. BidaskClub cut Huazhu Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Bank of America raised Huazhu Group from a “neutral” rating to a “buy” rating and set a $48.50 price objective on the stock in a research note on Monday, August 24th. Zacks Investment Research raised Huazhu Group from a “sell” rating to a “hold” rating in a research note on Wednesday, September 2nd. Finally, ValuEngine cut Huazhu Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. Huazhu Group has an average rating of “Buy” and an average price target of $37.62.

About Huazhu Group

Huazhu Group Limited, together with its subsidiaries, develops and operates leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under the Hi Inn, HanTing Hotel, Elan Hotel, Orange Hotel, HanTing Premium, Starway Hotel, JI Hotel, Orange Hotel Select, Manxin Hotel, Crystal Orange Hotel, Joya Hotel, Grand Mercure, Novotel, Mercure, Ibis Styles, and Ibis brand names for business and leisure travelers.

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Earnings History for Huazhu Group (NASDAQ:HTHT)

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