H World Group Limited (NASDAQ:HTHT) Receives $50.00 Consensus Target Price from Analysts

H World Group Limited (NASDAQ:HTHT) has been assigned a consensus rating of “Buy” from the five analysts that are currently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy recommendation. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $50.00.

HTHT has been the subject of a number of research reports. CLSA started coverage on H World Group in a research report on Friday, April 26th. They issued a “buy” rating and a $47.00 price objective for the company. Benchmark reaffirmed a “buy” rating and issued a $64.00 target price on shares of H World Group in a research report on Friday, March 22nd. Bank of America decreased their price target on shares of H World Group from $51.00 to $43.00 and set a “buy” rating on the stock in a research note on Wednesday, March 13th. JPMorgan Chase & Co. increased their price objective on shares of H World Group from $45.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, May 21st. Finally, Macquarie assumed coverage on shares of H World Group in a research report on Friday, April 19th. They set an “outperform” rating and a $48.00 target price on the stock.

Institutional Investors Weigh In On H World Group

Several large investors have recently made changes to their positions in the company. California State Teachers Retirement System boosted its position in H World Group by 1.8% in the first quarter. California State Teachers Retirement System now owns 36,662 shares of the company’s stock valued at $1,419,000 after buying an additional 636 shares in the last quarter. Prudential PLC boosted its holdings in shares of H World Group by 2.5% in the 3rd quarter. Prudential PLC now owns 31,608 shares of the company’s stock worth $1,246,000 after acquiring an additional 772 shares in the last quarter. Blue Trust Inc. grew its position in H World Group by 48.6% during the 4th quarter. Blue Trust Inc. now owns 3,386 shares of the company’s stock worth $113,000 after acquiring an additional 1,108 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in H World Group by 19.6% during the 4th quarter. Quadrant Capital Group LLC now owns 6,975 shares of the company’s stock valued at $233,000 after purchasing an additional 1,142 shares in the last quarter. Finally, Panagora Asset Management Inc. increased its holdings in H World Group by 28.1% during the 4th quarter. Panagora Asset Management Inc. now owns 6,911 shares of the company’s stock valued at $231,000 after purchasing an additional 1,517 shares in the last quarter. Institutional investors own 46.41% of the company’s stock.

H World Group Trading Down 0.1 %

Shares of HTHT stock opened at $34.12 on Friday. The firm has a market capitalization of $11.14 billion, a P/E ratio of 21.19, a price-to-earnings-growth ratio of 1.19 and a beta of 0.82. H World Group has a 1 year low of $30.20 and a 1 year high of $48.84. The firm’s fifty day simple moving average is $38.14 and its 200 day simple moving average is $36.14. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.34.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Friday, May 17th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.03). The company had revenue of $731.00 million for the quarter. H World Group had a return on equity of 28.59% and a net margin of 16.47%. As a group, sell-side analysts predict that H World Group will post 1.88 EPS for the current year.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels 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.