Huazhu Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, and Grand Mercure. As of December 31, 2021, it operated 7,830 hotels with 753,216 rooms. The company was formerly known as China Lodging Group, Limited and changed its name to Huazhu Group Limited in June 2018. Huazhu Group Limited was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.
Huazhu Group Price Performance
Shares of HTHT traded up $0.19 during mid-day trading on Friday, hitting $39.97. 744,134 shares of the company traded hands, compared to its average volume of 1,081,621. The business has a 50-day moving average of $36.93 and a 200 day moving average of $35.04. Huazhu Group has a one year low of $21.98 and a one year high of $52.29. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.56 and a quick ratio of 0.55.
Huazhu Group (NASDAQ:HTHT - Get Rating) last posted its earnings results on Monday, May 30th. The company reported ($0.32) earnings per share for the quarter, topping the consensus estimate of ($0.36) by $0.04. Huazhu Group had a negative net margin of 6.53% and a negative return on equity of 7.82%. The company had revenue of $423.00 million for the quarter, compared to analyst estimates of $410.21 million. As a group, analysts expect that Huazhu Group will post 0.08 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Benchmark reduced their target price on Huazhu Group from $50.00 to $40.00 in a research report on Tuesday, May 31st. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. According to data from MarketBeat.com, Huazhu Group currently has an average rating of "Moderate Buy" and a consensus price target of $53.25.