H World Group (NASDAQ:HTHT) Issues Earnings Results

H World Group (NASDAQ:HTHT) posted its earnings results on Monday. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.04), Zacks reports. H World Group had a return on equity of 39.73% and a net margin of 19.22%.

H World Group Stock Performance

NASDAQ:HTHT opened at $41.88 on Monday. H World Group has a one year low of $32.99 and a one year high of $56.63. The business has a fifty day moving average price of $42.30 and a 200-day moving average price of $47.51. The firm has a market capitalization of $12.88 billion, a price-to-earnings ratio of 18.78, a price-to-earnings-growth ratio of 1.52 and a beta of 0.15. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its position in shares of H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after buying an additional 649 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of H World Group during the 3rd quarter valued at approximately $66,000. Osaic Holdings Inc. increased its holdings in H World Group by 889.5% in the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after acquiring an additional 2,037 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in H World Group by 1,307.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the company’s stock worth $92,000 after acquiring an additional 2,523 shares in the last quarter. Finally, Vise Technologies Inc. bought a new stake in H World Group during the 4th quarter worth approximately $223,000. Institutional investors own 46.41% of the company’s stock.

Analyst Ratings Changes

HTHT has been the topic of a number of research reports. Wall Street Zen downgraded H World Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings cut H World Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Finally, Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $61.20.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.