H World Group (NASDAQ:HTHT) Issues Earnings Results

Key Points

• H World Group reported quarterly EPS of $0.70, missing analysts’ consensus estimate of $0.74 by $0.04. The company posted a 39.73% return on equity and a 19.22% net margin.
• Shares opened at $41.88, below their 50-day moving average of $42.30 and 200-day moving average of $47.51. The stock’s 12-month range is $32.99 to $56.63, with a market capitalization of approximately $12.88 billion.
• Analyst sentiment remains positive but has softened, with several firms downgrading the stock to “Hold.” H World Group has a consensus “Moderate Buy” rating and an average price target of $61.20, while institutional investors own 46.41% of shares.

H World Group (NASDAQ:HTHT - Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.04), Zacks reports. H World Group had a return on equity of 39.73% and a net margin of 19.22%.

H World Group Stock Performance

Shares of HTHT opened at $41.88 on Monday. The business's fifty day simple moving average is $42.30 and its two-hundred day simple moving average is $47.51. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. H World Group has a 12 month low of $32.99 and a 12 month high of $56.63. The company has a market cap of $12.88 billion, a price-to-earnings ratio of 18.78, a P/E/G ratio of 1.52 and a beta of 0.15.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Zacks Research cut shares of H World Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 4th. Weiss Ratings cut shares of H World Group from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Finally, Wall Street Zen lowered H World Group from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, H World Group has a consensus rating of "Moderate Buy" and a consensus price target of $61.20.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of HTHT. EverSource Wealth Advisors LLC boosted its position in shares of H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company's stock valued at $49,000 after buying an additional 649 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in H World Group in the 3rd quarter worth about $66,000. Osaic Holdings Inc. raised its position in H World Group by 889.5% in the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company's stock worth $77,000 after buying an additional 2,037 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in H World Group by 1,307.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the company's stock valued at $92,000 after acquiring an additional 2,523 shares during the period. Finally, Vise Technologies Inc. purchased a new stake in shares of H World Group during the 4th quarter valued at about $223,000. Hedge funds and other institutional investors own 46.41% of the company's stock.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.

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