Earnings results for Huazhu Group Stock Forecast, Price & News (NASDAQ:HTHT)
Huazhu Group Limited is estimated to report earnings on 09/02/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.36. The reported EPS for the same quarter last year was $0.3.
Huazhu Group last released its earnings data on June 30th, 2020. The reported ($3.85) earnings per share for the quarter, missing the consensus estimate of ($1.63) by $2.22. The company earned $2.01 billion during the quarter, compared to analysts’ expectations of $1.96 billion. Its quarterly revenue was down 15.7% compared to the same quarter last year. Huazhu Group has generated $0.85 earnings per share over the last year. Huazhu Group has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, September 2nd, 2020 based off prior year’s report dates.
Analyst Opinion on Huazhu Group Stock Forecast, Price & News (NASDAQ:HTHT)
11 Wall Street analysts have issued ratings and price targets for Huazhu Group in the last 12 months. Their average twelve-month price target is $37.83, predicting that the stock has a possible downside of 16.61%. The high price target for HTHT is $48.50 and the low price target for HTHT is $30.00. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of “Buy.”
Huazhu Group has received a consensus rating of Buy. The company’s average rating score is 2.55, and is based on 7 buy ratings, 3 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $37.83, Huazhu Group has a forecasted downside of 16.6% from its current price of $45.36. Huazhu Group has only been the subject of 2 research reports in the past 90 days.
Dividend Strength: Huazhu Group Stock Forecast, Price & News (NASDAQ:HTHT)
Huazhu Group has a dividend yield of 0.72%, which is in the bottom 25% of all stocks that pay dividends. Huazhu Group does not have a long track record of dividend growth. The dividend payout ratio of Huazhu Group is 37.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Huazhu Group will have a dividend payout ratio of 35.16% next year. This indicates that Huazhu Group will be able to sustain or increase its dividend.
Insiders buying/selling: Huazhu Group Stock Forecast, Price & News (NASDAQ:HTHT)
In the past three months, Huazhu Group insiders have not sold or bought any company stock. 49.40% of the stock of Huazhu Group is held by insiders. A high percentage of insider ownership can be a sign of company health. 45.49% of the stock of Huazhu Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Huazhu Group Stock Forecast, Price & News (NASDAQ:HTHT
Earnings for Huazhu Group are expected to grow in the coming year, from ($1.37) to $0.91 per share. The P/E ratio of Huazhu Group is -181.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Huazhu Group is -181.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Huazhu Group has a P/B Ratio of 12.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
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