Zacks Research Forecasts Weaker Earnings for Hyatt Hotels

Hyatt Hotels Co. (NYSE:H - Free Report) - Equities researchers at Zacks Research dropped their Q1 2027 EPS estimates for shares of Hyatt Hotels in a note issued to investors on Wednesday, May 28th. Zacks Research analyst M. Kaushik now forecasts that the company will earn $1.00 per share for the quarter, down from their prior forecast of $1.01. The consensus estimate for Hyatt Hotels' current full-year earnings is $3.05 per share.

Several other analysts also recently commented on the stock. Melius Research raised shares of Hyatt Hotels to a "strong-buy" rating in a research report on Monday, April 21st. Susquehanna increased their price objective on shares of Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Wall Street Zen downgraded shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a report on Monday, February 17th. Jefferies Financial Group dropped their price target on shares of Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Finally, Morgan Stanley dropped their price target on shares of Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $149.72.

Hyatt Hotels Stock Down 0.9%

H stock traded down $1.22 during trading on Monday, hitting $129.74. 540,713 shares of the stock traded hands, compared to its average volume of 708,656. Hyatt Hotels has a 1 year low of $102.43 and a 1 year high of $168.20. The firm's 50 day moving average is $120.77 and its two-hundred day moving average is $139.22. The stock has a market cap of $12.38 billion, a price-to-earnings ratio of 10.43 and a beta of 1.42. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83.

Hyatt Hotels (NYSE:H - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.16. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the prior year, the firm earned $0.71 EPS.

Institutional Investors Weigh In On Hyatt Hotels

Several institutional investors and hedge funds have recently modified their holdings of the stock. Bernard Wealth Management Corp. purchased a new position in shares of Hyatt Hotels in the fourth quarter valued at $26,000. Bank of Jackson Hole Trust purchased a new position in shares of Hyatt Hotels in the first quarter valued at $31,000. Venturi Wealth Management LLC grew its holdings in shares of Hyatt Hotels by 750.0% in the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock valued at $53,000 after purchasing an additional 300 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Hyatt Hotels by 31.9% in the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company's stock valued at $73,000 after purchasing an additional 113 shares in the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of Hyatt Hotels by 138.8% in the first quarter. UMB Bank n.a. now owns 499 shares of the company's stock valued at $61,000 after purchasing an additional 290 shares in the last quarter. Institutional investors own 73.54% of the company's stock.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Jnp Parachute Mirror Trust L sold 53,361 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total transaction of $7,083,672.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jnp 2010-Pg Trust sold 266,793 shares of Hyatt Hotels stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total transaction of $35,416,770.75. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 375,620 shares of company stock worth $49,694,255. Company insiders own 23.70% of the company's stock.

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Thursday, May 29th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend is Thursday, May 29th. Hyatt Hotels's payout ratio is 7.79%.

Hyatt Hotels Company Profile

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.