Hyatt Hotels (NYSE:H) Issues Quarterly Earnings Results, Misses Expectations By $0.22 EPS

Hyatt Hotels (NYSE:H) announced its earnings results on Thursday. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22), Zacks reports. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same period in the prior year, the firm posted $0.64 EPS.

Hyatt Hotels Price Performance

Shares of Hyatt Hotels stock traded down $16.77 during midday trading on Thursday, hitting $145.34. 2,469,890 shares of the company were exchanged, compared to its average volume of 560,618. The firm has a 50 day simple moving average of $157.53 and a 200-day simple moving average of $152.49. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market cap of $13.96 billion, a P/E ratio of 10.97 and a beta of 1.48. Hyatt Hotels has a 52 week low of $125.79 and a 52 week high of $168.20.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Mark R. Vondrasek sold 3,776 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the sale, the insider now directly owns 5,798 shares in the company, valued at $927,622.02. This represents a 39.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 23.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on H. Wells Fargo & Company decreased their price objective on shares of Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. StockNews.com raised Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Monday, November 4th. Cfra set a $155.00 price objective on Hyatt Hotels in a research report on Thursday, October 17th. Robert W. Baird raised their target price on Hyatt Hotels from $157.00 to $158.00 and gave the company a “neutral” rating in a report on Monday, November 4th. Finally, Evercore ISI upped their price target on Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a report on Monday, October 21st. Fourteen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $156.38.

About Hyatt Hotels

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.