Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Hyatt Hotels (H) Stock Price
News articles about Hyatt Hotels (NYSE:H) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hyatt Hotels earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned headlines about the company an impact score of 44.1736743734913 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Comcast, Hyatt, Ultimate Software named champions of diversity by Great Place to Work – FierceCEO (fierceceo.com)
- Hyatt Hotels Co. (H) Insider Mark Samuel Hoplamazian Sells 49,173 Shares (americanbankingnews.com)
- Signature Kicks Off Sales Conference, Adds Hotel Partners – Travel Agent (travelagentcentral.com)
- Does downtown really need so many new hotels? – Louisville.com (press release) (louisville.com)
- Morgan Stanley Analyzes The Lodging Sector’s M&A Potential (finance.yahoo.com)
Shares of Hyatt Hotels (H) traded up $0.67 on Friday, hitting $72.29. 475,357 shares of the stock were exchanged, compared to its average volume of 875,177. Hyatt Hotels has a 52 week low of $50.21 and a 52 week high of $73.33. The company has a market cap of $8,515.26, a P/E ratio of 39.79, a PEG ratio of 10.19 and a beta of 1.25. The company has a current ratio of 1.06, a quick ratio of 1.04 and a debt-to-equity ratio of 0.39.
Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.09. Hyatt Hotels had a net margin of 4.66% and a return on equity of 6.13%. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the firm posted $0.47 EPS. analysts expect that Hyatt Hotels will post 1.73 earnings per share for the current year.
H has been the topic of several recent research reports. Morgan Stanley lifted their price target on shares of Hyatt Hotels from $63.00 to $67.00 and gave the company an “equal weight” rating in a research note on Friday, November 3rd. Robert W. Baird reiterated a “buy” rating and issued a $68.00 price target on shares of Hyatt Hotels in a research note on Friday, September 8th. Wells Fargo & Company upgraded shares of Hyatt Hotels from a “market perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a research note on Monday, November 6th. Berenberg Bank upgraded shares of Hyatt Hotels from a “hold” rating to a “buy” rating and lifted their price target for the company from $69.20 to $78.00 in a research note on Friday, November 10th. Finally, B. Riley lowered shares of Hyatt Hotels from a “buy” rating to a “neutral” rating and set a $70.00 price target on the stock. in a research note on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. Hyatt Hotels presently has an average rating of “Hold” and an average price target of $69.40.
In related news, insider Maryam Banikarim sold 10,000 shares of Hyatt Hotels stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $61.42, for a total transaction of $614,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Samuel Hoplamazian sold 49,173 shares of Hyatt Hotels stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $71.54, for a total transaction of $3,517,836.42. Following the sale, the insider now directly owns 300,655 shares of the company’s stock, valued at approximately $21,508,858.70. The disclosure for this sale can be found here. In the last three months, insiders sold 1,000,001 shares of company stock valued at $68,120,268. Insiders own 27.51% of the company’s stock.
WARNING: This report was first published by Daily Political and is owned by of Daily Political. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/12/09/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-hyatt-hotels-h-stock-price.html.
About Hyatt Hotels
Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).
Receive News & Ratings for Hyatt Hotels Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyatt Hotels Co. and related companies with MarketBeat.com's FREE daily email newsletter.