H World Group (HTHT) Set to Announce Quarterly Earnings on Monday

H World Group (NASDAQ:HTHT – Get Rating) will issue its quarterly earnings data before the market opens on Monday, May 29th. Analysts expect the company to announce earnings of $0.12 per share for the quarter. H World Group has set its FY 2023 guidance at EPS and its Q1 2023 guidance at EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

H World Group (NASDAQ:HTHT – Get Rating) last posted its quarterly earnings data on Monday, March 27th. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $537.00 million during the quarter, compared to the consensus estimate of $564.11 million. H World Group had a negative net margin of 13.29% and a negative return on equity of 19.83%. On average, analysts expect H World Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

H World Group Price Performance

NASDAQ:HTHT opened at $41.62 on Monday. H World Group has a 1 year low of $24.38 and a 1 year high of $53.52. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.70 and a quick ratio of 0.69. The firm has a market capitalization of $13.55 billion, a price-to-earnings ratio of -47.84 and a beta of 1.00. The business has a 50 day simple moving average of $46.74 and a 200-day simple moving average of $45.01.

Hedge Funds Weigh In On H World Group

Several institutional investors and hedge funds have recently modified their holdings of the business. Advisor Group Holdings Inc. increased its stake in shares of H World Group by 41.9% in the 4th quarter. Advisor Group Holdings Inc. now owns 759 shares of the company’s stock valued at $33,000 after purchasing an additional 224 shares in the last quarter. FMR LLC increased its stake in H World Group by 43.6% during the 2nd quarter. FMR LLC now owns 1,460 shares of the company’s stock worth $56,000 after buying an additional 443 shares in the last quarter. National Pension Service increased its stake in H World Group by 1.2% during the 3rd quarter. National Pension Service now owns 37,523 shares of the company’s stock worth $1,307,000 after buying an additional 454 shares in the last quarter. Ensign Peak Advisors Inc increased its stake in H World Group by 5.0% during the 3rd quarter. Ensign Peak Advisors Inc now owns 13,700 shares of the company’s stock worth $459,000 after buying an additional 650 shares in the last quarter. Finally, Sei Investments Co. increased its stake in H World Group by 7.4% during the 4th quarter. Sei Investments Co. now owns 15,449 shares of the company’s stock worth $655,000 after buying an additional 1,060 shares in the last quarter. Hedge funds and other institutional investors own 44.79% of the company’s stock.

Analyst Upgrades and Downgrades

HTHT has been the topic of several research reports. TheStreet upgraded H World Group from a “d+” rating to a “c-” rating in a report on Monday, January 30th. Benchmark raised their price objective on H World Group from $45.00 to $64.00 and gave the stock a “buy” rating in a report on Tuesday, March 28th. Finally, StockNews.com downgraded H World Group from a “hold” rating to a “sell” rating in a report on Friday, May 12th. One analyst has rated the stock with a sell rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, H World Group presently has an average rating of “Moderate Buy” and an average target price of $60.60.

About H World Group

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H World Group Ltd. is engaged in the operation of hotels. The firm operates through the Legacy Huazhu and Legacy DH segments. It targets economy, midscale, upper midscale, and upscale hotel brands. The economy hotel brands are composed of HanTing, Ni Hao, Hi Inn, Elan, Zleep, and Ibis Hotels. The midscale hotel includes JI Hotel, Orange Hotel, Starway, and Ibis Styles Hotels.