A significant driver of top-line growth: Hyatt Hotels Corporation (H)

Hyatt Hotels Corporation (NYSE: H) stock jumped 0.86% on Thursday to $109.63 against a previous-day closing price of $108.70. With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.86 million shares. During the session, the Lodging company that operates in wider Consumer Cyclical sector, reached to the highest price of $110.59 whereas the lowest price it dropped to was $108.76. The 52-week range on H shows that it touched its highest point at $125.07 and its lowest point at $70.12 during that stretch. It currently has a 1-year price target of $125.13. With its current market cap of 11.75 billion, H has annualized dividend of $0.60 while the current yield stands at 0.55%. Beta for the stock currently stands at 1.36.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of H was down-trending over the past week, with a drop of -4.83%, but this was down by -1.03% over a month. Three-month performance dropped to -5.20% while six-month performance rose 12.96%. The stock gained 35.60% in the past year, while it has gained 21.21% so far this year. A look at the trailing 12-month EPS for H yields 5.31 with Next year EPS estimates of 3.68. For the next quarter, that number is 0.90. This implies an EPS growth rate of 291.50% for this year and 29.17% for next year.

Float and Shares Shorts:

At present, 106.39 million H shares are outstanding with a float of 46.32 million shares on hand for trading. On Apr 27, 2023, short shares totaled 4.01 million, which was 3.79% higher than short shares on Mar 30, 2023. In addition to Mr. Thomas J. Pritzker J.D., M.B.A. as the firm’s Exec. Chairman, Mr. Mark Samuel Hoplamazian serves as its Pres, CEO & Director.

Institutional Ownership:

Through their ownership of 104.17% of H’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 57.92% of H, in contrast to 49.28% held by mutual funds. Shares owned by individuals account for 12.98%. As the largest shareholder in H with 10.88% of the stake, BAMCO, Inc. holds 5,148,507 shares worth 5,148,507. A second-largest stockholder of H, The Vanguard Group, Inc., holds 4,270,591 shares, controlling over 9.02% of the firm’s shares. Massachusetts Financial Services is the third largest shareholder in H, holding 3,137,665 shares or 6.63% stake. With a 7.03% stake in H, the Baron Partners Fund is the largest stakeholder. A total of 3,325,000 shares are owned by the mutual fund manager. The Principal Funds, Inc. – Mid Cap F, which owns about 3.60% of H stock, is the second-largest Mutual Fund holder. It holds 1,702,849 shares valued at 194.64 million. MFS Mid Cap Growth Fund holds 3.43% of the stake in H, owning 1,624,560 shares worth 185.69 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, H reported revenue of $1.48B and operating income of $176.00M. The EBITDA in the recently reported quarter was $306.00M and diluted EPS was $1.85.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for H since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With H analysts setting a high price target of $149.00 and a low target of $112.00, the average target price over the next 12 months is $128.06. Based on these targets, H could surge 35.91% to reach the target high and rise by 2.16% to reach the target low. Reaching the average price target will result in a growth of 16.81% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded H stock several times over the past three months with 44 Buys and 43 Sells. In these transactions, 224,851 shares were bought while 198,530 shares were sold. The number of buy transactions has increased to 63 while that of sell transactions has risen to 67 over the past year. The total number of shares bought during that period was 734,203 while 533,826 shares were sold.

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