Hilton Worldwide (NYSE:HLT) is set to post its quarterly earnings results before the market opens on Thursday, July 29th. Analysts expect Hilton Worldwide to post earnings of $0.33 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
Hilton Worldwide (NYSE:HLT) last announced its earnings results on Wednesday, May 5th. The company reported $0.02 EPS for the quarter, missing the Zacks' consensus estimate of $0.05 by ($0.03). Hilton Worldwide had a negative net margin of 25.79% and a negative return on equity of 2.24%. The business had revenue of $874.00 million for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the firm posted $0.74 EPS. The business's quarterly revenue was down 54.5% on a year-over-year basis. On average, analysts expect Hilton Worldwide to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of HLT stock opened at $124.93 on Thursday. Hilton Worldwide has a 12 month low of $73.50 and a 12 month high of $132.69. The company has a market cap of $34.80 billion, a PE ratio of -41.37 and a beta of 1.32. The firm's fifty day simple moving average is $124.22.
A number of analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Hilton Worldwide from $104.00 to $113.00 and gave the company a "hold" rating in a report on Thursday, May 6th. Truist Securities upped their price target on shares of Hilton Worldwide from $106.00 to $114.00 and gave the stock a "hold" rating in a research note on Tuesday, April 20th. Morgan Stanley upped their price target on shares of Hilton Worldwide from $101.00 to $110.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 6th. Truist upped their price target on shares of Hilton Worldwide from $106.00 to $114.00 in a research note on Tuesday, April 20th. Finally, Raymond James upped their price target on shares of Hilton Worldwide from $125.00 to $135.00 and gave the stock an "outperform" rating in a research note on Thursday, May 6th. Ten analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of "Hold" and an average price target of $114.00.
Hilton Worldwide Company Profile
Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Tempo by Hilton, Motto by Hilton, Signia by Hilton, Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, and Hilton Grand Vacations.
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