Hyatt Hotels (H) Set to Announce Quarterly Earnings on Tuesday

Hyatt Hotels (NYSE:H) will issue its quarterly earnings data before the market opens on Tuesday, August 6th. Analysts expect the company to announce earnings of $0.96 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, May 9th. The company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.02). The firm had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.72 billion. Hyatt Hotels had a return on equity of 8.44% and a net margin of 10.21%. During the same period last year, the firm posted $0.41 earnings per share. On average, analysts expect Hyatt Hotels to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hyatt Hotels Price Performance

Shares of H opened at $136.57 on Monday. Hyatt Hotels has a twelve month low of $96.77 and a twelve month high of $162.24. The company has a market capitalization of $13.82 billion, a P/E ratio of 21.21 and a beta of 1.51. The firm has a 50 day moving average of $149.38 and a 200 day moving average of $147.89. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63.

Hyatt Hotels Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 11th. Shareholders of record on Wednesday, May 29th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.44%. The ex-dividend date of this dividend was Wednesday, May 29th. Hyatt Hotels’s dividend payout ratio is currently 9.32%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on H shares. Robert W. Baird increased their target price on Hyatt Hotels from $160.00 to $162.00 and gave the company a “neutral” rating in a report on Friday, May 17th. Sanford C. Bernstein increased their price objective on shares of Hyatt Hotels from $184.00 to $190.00 and gave the stock an “outperform” rating in a research note on Monday, May 13th. Mizuho raised their price objective on shares of Hyatt Hotels from $195.00 to $204.00 and gave the stock a “buy” rating in a report on Wednesday, May 15th. Barclays upped their target price on shares of Hyatt Hotels from $153.00 to $159.00 and gave the company an “equal weight” rating in a report on Friday, May 10th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Hyatt Hotels from $171.00 to $180.00 and gave the stock an “overweight” rating in a research note on Friday, July 19th. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $151.19.

Insider Activity at Hyatt Hotels

In related news, insider Joan Bottarini sold 305 shares of the business’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $148.00, for a total value of $45,140.00. Following the completion of the sale, the insider now owns 15,799 shares of the company’s stock, valued at approximately $2,338,252. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, insider Joan Bottarini sold 305 shares of Hyatt Hotels stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $148.00, for a total value of $45,140.00. Following the sale, the insider now directly owns 15,799 shares of the company’s stock, valued at $2,338,252. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael A. Rocca sold 1,189 shares of Hyatt Hotels stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $149.52, for a total transaction of $177,779.28. Following the sale, the director now directly owns 20,219 shares in the company, valued at approximately $3,023,144.88. The disclosure for this sale can be found here. 23.50% of the stock is owned by company insiders.

About Hyatt Hotels

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.