Goldman has recently initiated Hyatt Hotels Corporation (H) stock to Neutral rating, as announced on September 18, 2024, according to Finviz. Earlier, on June 21, 2024, Susquehanna had initiated the stock to Neutral, setting a price target of $160. Mizuho also initiated Buy rating with a price target of $197. Additionally, Morgan Stanley reduced their rating on March 11, 2024, with a target price of $156. Evercore ISI analysts, in their report published on February 5, 2024, also reduced their rating and set a price target of $135 for Hyatt Hotels Corporation’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Hyatt Hotels Corporation (H) Stock Trading Recap
On Tuesday, Hyatt Hotels Corporation (H) stock saw a decline, ending the day at $149.5 which represents a decrease of $-2.70 or -1.77% from the prior close of $152.2. The stock opened at $152.46 and touched a low of $146.41 during the day, reaching a high of $152.85. The volume of shares traded was 0.81 million exceeding the average volume of 0.57 million.
H Stock Performance and Moving Averages
In recent trading, Hyatt Hotels Corporation (H) stock price has shown some volatility, fluctuating -4.01% over the last five trades and -1.59% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -3.84%, and it has gained 0.56% in the previous three months. Currently, H is trading at -0.11%, 2.25%, and 2.91% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, H, a Consumer Cyclical sector stock, is trading -7.85% below its 52-week high but remains 54.49% above its 52-week low. The Average True Range (ATR) (14 days) of 4.22 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Hyatt Hotels Corporation’s Profitability and Valuation Ratios
Hyatt Hotels Corporation’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 5.45% and a profit margin of 14.45%, with a gross margin of -3.84%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Hyatt Hotels Corporation’s market capitalization stands at $15.00 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 16.12, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 36.73. Additionally, the Price-to-Sales Ratio is 2.22, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 3.9, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 56.72% of Hyatt Hotels Corporation (H)’s shares, while financial institutions hold 46.62%.
Notable insider trades include Margot & Tom Pritzker Foundati, 10% Owner at Hyatt Hotels Corporation (H), who sold 1642251 shares on Sep 22 ’24, at $152.23 each, totaling $250.00 million. On Sep 18 ’24, Udell David, See Remarks, sold 1447 shares for $150.08 each, amounting to $0.22 million. Additionally, on Sep 19 ’24, Udell David sold 710 shares at $151.51 each, generating $0.11 million.