Analysts Set H World Group Limited (NASDAQ:HTHT) Target Price at $50.67

H World Group Limited (NASDAQ:HTHTGet Free Report) has earned an average rating of “Buy” from the four research firms that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have issued a report on the stock in the last year is $50.00.

Several brokerages have recently commented on HTHT. Bank of America decreased their price target on H World Group from $51.00 to $43.00 and set a “buy” rating on the stock in a research note on Wednesday, March 13th. Macquarie began coverage on H World Group in a research note on Friday, April 19th. They issued an “outperform” rating and a $48.00 price target on the stock. Benchmark reaffirmed a “buy” rating and issued a $64.00 price target on shares of H World Group in a research note on Friday, March 22nd. Finally, JPMorgan Chase & Co. upped their price target on H World Group from $40.00 to $45.00 and gave the company an “overweight” rating in a research note on Friday, March 22nd.

View Our Latest Report on HTHT

Institutional Investors Weigh In On H World Group

Several institutional investors and hedge funds have recently modified their holdings of the company. Nordea Investment Management AB increased its holdings in H World Group by 344.7% during the 4th quarter. Nordea Investment Management AB now owns 367,343 shares of the company’s stock worth $12,324,000 after purchasing an additional 284,742 shares during the period. American Century Companies Inc. increased its holdings in H World Group by 6.0% during the 3rd quarter. American Century Companies Inc. now owns 2,057,059 shares of the company’s stock worth $81,110,000 after purchasing an additional 116,641 shares during the period. Trexquant Investment LP increased its holdings in H World Group by 10.6% during the 3rd quarter. Trexquant Investment LP now owns 178,932 shares of the company’s stock worth $7,055,000 after purchasing an additional 17,153 shares during the period. AIA Group Ltd increased its holdings in H World Group by 5.8% during the 4th quarter. AIA Group Ltd now owns 285,062 shares of the company’s stock worth $9,532,000 after purchasing an additional 15,502 shares during the period. Finally, Vanguard Group Inc. increased its holdings in H World Group by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 8,404,958 shares of the company’s stock worth $331,407,000 after purchasing an additional 58,687 shares during the period. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Stock Performance

NASDAQ HTHT opened at $38.65 on Friday. The stock’s fifty day moving average is $37.68 and its two-hundred day moving average is $35.65. The firm has a market capitalization of $12.62 billion, a P/E ratio of 21.96, a price-to-earnings-growth ratio of 1.23 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.69 and a current ratio of 0.69. H World Group has a fifty-two week low of $30.20 and a fifty-two week high of $48.84.

H World Group (NASDAQ:HTHTGet Free Report) last released its quarterly earnings data on Wednesday, March 20th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. H World Group had a return on equity of 31.50% and a net margin of 18.62%. The company had revenue of $786.00 million for the quarter, compared to analyst estimates of $759.99 million. On average, research analysts anticipate that H World Group will post 1.94 earnings per share for the current year.

About H World Group

(Get Free Report

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.

Featured Articles

Receive News & Ratings for H World Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H World Group and related companies with MarketBeat.com's FREE daily email newsletter.