H World Group (NASDAQ:HTHT) Earns Outperform Rating from Analysts at Macquarie

Macquarie started coverage on shares of H World Group (NASDAQ:HTHT) in a report issued on Friday morning, Marketbeat reports. The brokerage issued an outperform rating and a $48.00 target price on the stock.

A number of other equities analysts also recently commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of H World Group from $40.00 to $45.00 and gave the stock an overweight rating in a research note on Friday, March 22nd. Benchmark reissued a buy rating and issued a $64.00 price objective on shares of H World Group in a research note on Friday, March 22nd. Finally, Bank of America reduced their price objective on shares of H World Group from $51.00 to $43.00 and set a buy rating for the company in a research note on Wednesday, March 13th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of $50.00.

H World Group Stock Performance

H World Group stock opened at $37.75 on Friday. The company has a 50 day moving average price of $37.68 and a 200-day moving average price of $35.65. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.69 and a current ratio of 0.69. H World Group has a fifty-two week low of $30.20 and a fifty-two week high of $48.84. The company has a market capitalization of $12.33 billion, a PE ratio of 21.45, a P/E/G ratio of 1.23 and a beta of 0.92.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. The firm had revenue of $786.00 million during the quarter, compared to the consensus estimate of $759.99 million. H World Group had a net margin of 18.62% and a return on equity of 31.50%. As a group, equities analysts forecast that H World Group will post 1.94 earnings per share for the current year.

Hedge Funds Weigh In On H World Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Ronald Blue Trust Inc. grew its holdings in shares of H World Group by 158.0% during the third quarter. Ronald Blue Trust Inc. now owns 2,278 shares of the company’s stock valued at $88,000 after buying an additional 1,395 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of H World Group by 48.6% during the fourth quarter. Blue Trust Inc. now owns 3,386 shares of the company’s stock valued at $113,000 after buying an additional 1,108 shares during the last quarter. AdvisorShares Investments LLC purchased a new stake in shares of H World Group during the fourth quarter valued at $177,000. Greenleaf Trust purchased a new stake in shares of H World Group during the third quarter valued at $228,000. Finally, NewEdge Wealth LLC purchased a new stake in shares of H World Group during the fourth quarter valued at $221,000. 46.41% of the stock is owned by hedge funds and other institutional investors.

About H World Group

H World 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, CitiGO 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, Grand Mercure, Steigenberger Icon, and Song Hotels.